Payment Analysis
374.00CAD/monthin Saint John, NB
- 374.00 CAD/month
- 172.62 CAD/bi-weekly
- 86.31 CAD/week
- 4,488.00 CAD/year
Before Taxes:
Incl. New Brunswick Taxes (15%):
- 430.10 CAD/month
- 198.51 CAD/bi-weekly
- 99.25 CAD/week
- 5,161.20 CAD/year
Lease Takeover/Buyout Analysis
The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)
For Leasing Purposes
With this deal, you are saving:
1,460 ~ 2,360 CAD
compared to leasing a BRAND NEW:
- Honda CR-V LX AWD w/ Extended Warranty (5 Year/100,000 km)
- for 12 months
- in New Brunswick
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 407 |
---|---|
This Contract (CAD/month) | 374 |
Monthly Difference | 33 CAD/month |
Remaining Term | x 20 months |
Total Monthly Difference | = 660 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 1,460 ~ 2,360 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
20,480 CAD
- Total Vehicle Debt: 39,440 CAD
- Paid so Far: 18,960 CAD (48% Paid)
- Remaining Lease Payments: 7,480 CAD
- Residual Value: 13,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,960 CAD Total Vehicle Value: 39,440 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 7,480 CAD
Term Paid so Far: 14,960 CAD Residual Value: 13,000 CAD
Cost to Own
Already Paid: 18,960 CAD (48%)
Cash Incentive: 0 CAD Buyout Price Today: 20,480 CAD
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)
Finance the remaining Debt Today
Remaining Term + Residual Value: 20,480 CAD
- 4.9%Interest Rate x 48 months
- 471 CAD/month + tax
- Total Payable: 22,594 CAD
- Total Interest: 2,114 CAD
- 8.9%Interest Rate x 48 months
- 509 CAD/month + tax
- Total Payable: 24,416 CAD
- Total Interest: 3,936 CAD
- 14.9%Interest Rate x 48 months
- 569 CAD/month + tax
- Total Payable: 27,309 CAD
- Total Interest: 6,829 CAD
At the end of the Lease Contract
Residual Value: 13,000 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 299 CAD/month + tax
- Total Payable: 14,342 CAD
- Total Interest: 1,342 CAD
- 8.9%Interest Rate x 48 months
- 323 CAD/month + tax
- Total Payable: 15,499 CAD
- Total Interest: 2,499 CAD
- 14.9%Interest Rate x 48 months
- 361 CAD/month + tax
- Total Payable: 17,335 CAD
- Total Interest: 4,335 CAD
Business Vehicle Analysis
This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)
Distance Analysis
Cost to drive 100km: (CAD)
7.66
- + tax
- + fuel
- + insurance
- 22.44CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
12.30
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,127.31
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2018)
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- Residual Value: 35,000 CAD
- Months to End: 43 months (Feb, 2029)
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- Contract Allowance: 20,000 km/year
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2023 Honda
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- Residual Value: 13,503 CAD
- Months to End: 24 months (Jul, 2027)
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- Contract Allowance: 20,000 km/year
- Current Odometer: 40,000 km total
- Available Now: 30,833 km/year (2,569 per month)
- Excess Km Cost: 0.12 CAD/km