Payment Analysis

442.97CAD/monthin Oakville, ON
    Before Taxes:
  • 442.97 CAD/month
  • 204.45 CAD/bi-weekly
  • 102.22 CAD/week
  • 5,315.64 CAD/year
Incl. Ontario Taxes (13%):
  • 500.56 CAD/month
  • 231.03 CAD/bi-weekly
  • 115.51 CAD/week
  • 6,006.67 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: 12,516 CAD

compared to leasing a BRAND NEW:

  • Odyssey EX-RES
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 740
This Contract (CAD/month) 443
Monthly Difference 298 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 12,516 CAD
Total Savings (CAD) = 12,516

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,805 CAD
  • Total Vehicle Debt: 39,363 CAD
  • Paid so Far: 3,558 CAD (9% Paid)
  • Remaining Lease Payments: 18,605 CAD
  • Residual Value: 17,200 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,558 CAD Total Vehicle Value: 39,363 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 900 CAD Remaining Term: 18,605 CAD
Term Paid so Far: 2,658 CAD Residual Value: 17,200 CAD
2%
7%
47%
44%
Cost to Own
Already Paid: 3,558 CAD (9%)
Cash Incentive: 0 CAD Buyout Price Today: 35,805 CAD
9% Paid
0%
91%
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: 35,805 CAD

  • 4.9%Interest Rate x 48 months
  • 823 CAD/month + tax
  • Total Payable: 39,501 CAD
  • Total Interest: 3,696 CAD
  • 8.9%Interest Rate x 48 months
  • 889 CAD/month + tax
  • Total Payable: 42,687 CAD
  • Total Interest: 6,882 CAD
  • 14.9%Interest Rate x 48 months
  • 995 CAD/month + tax
  • Total Payable: 47,744 CAD
  • Total Interest: 11,939 CAD

At the end of the Lease Contract

Residual Value: 17,200 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,976 CAD
  • Total Interest: 1,776 CAD
  • 8.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,506 CAD
  • Total Interest: 3,306 CAD
  • 14.9%Interest Rate x 48 months
  • 478 CAD/month + tax
  • Total Payable: 22,935 CAD
  • Total Interest: 5,735 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)
74.42
  • + tax
  • + fuel
  • + insurance
(or 0.74CAD per km)
Time Analysis
Cost per day: (CAD)
14.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
137.36
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD