This Vehicle is Sold


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Vehicle Photos

No Photo Available

Transfer Details

+ 3,000 cash
Lease Transfer Honda Lease Takeover in Hamilton, ON: 2020 Honda Pilot Touring Automatic AWD
SAVE ~5,200 CAD
CAD/month x 1 months
2020 Honda Pilot Touring (ID: #16406)
800
Hamilton, ON
2020 Honda

Pilot Touring Automatic AWD Running Boards, Tire & Rim Protection, 7yr Warranty

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 800 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: -2,200 CAD/month + tax
  • Residual Value: 15,000 CAD
  • Months to End: 1 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 924,000 km/year (77,000 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Large Cash Incentive
  • All Main Coverages
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

800.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 800.00 CAD/month
  • 369.23 CAD/bi-weekly
  • 184.62 CAD/week
  • 9,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 904.00 CAD/month
  • 417.23 CAD/bi-weekly
  • 208.62 CAD/week
  • 10,848.00 CAD/year

Estimate Insurance Costs

 

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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: 4,535 ~ 5,835 CAD

compared to leasing a BRAND NEW:

  • Honda Pilot Touring 7P AWD
  • for 48 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 735
This Contract (CAD/month) 800
Monthly Difference -65 CAD/month
Remaining Term x 1 months
Total Monthly Difference = -65 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,535 ~ 5,835
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 12,800 CAD
  • Total Vehicle Debt: 63,000 CAD
  • Paid so Far: 47,200 CAD (74% Paid)
  • Remaining Lease Payments: 800 CAD
  • Residual Value: 15,000 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 47,200 CAD Total Vehicle Value: 63,000 CAD
74% Paid
26%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 800 CAD
Term Paid so Far: 47,200 CAD Residual Value: 15,000 CAD
0%
74%
1%
25%
Cost to Own
Already Paid: 47,200 CAD (74%)
Cash Incentive: 3,000 CAD Buyout Price Today: 12,800 CAD
74% Paid
4%
22%
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: 12,800 CAD

  • 4.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,121 CAD
  • Total Interest: 1,321 CAD
  • 8.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,260 CAD
  • Total Interest: 2,460 CAD
  • 14.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,068 CAD
  • Total Interest: 4,268 CAD

At the end of the Lease Contract

Residual Value: 15,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,548 CAD
  • Total Interest: 1,548 CAD
  • 8.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,883 CAD
  • Total Interest: 2,883 CAD
  • 14.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,002 CAD
  • Total Interest: 5,002 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)
-2.86
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 1.04CAD/100km (TODAY without the Cash Incentive)
  • 48.00CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
-72.33
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 26.30CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
17,769.23
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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