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Transfer Details

Honda Lease Takeover in Kitchener: 2020 Honda CRV Black Edition Automatic AWD ID:#
SAVE ~2,200 CAD
CAD/month x 8 months
2020 Honda CRV Black Edition (ID: #43452)
368
Kitchener, ON
2020 Honda

CRV Black Edition Automatic AWD w/ Rust Module & paint protection done on the car, tinted windows & also 5 year extended warranty is included

Payment Details
  • Current Payment: 368 CAD/month + tax
  • Original Downpayment: 665 CAD
  • Residual Value: 16,610 CAD
  • Months to End: 8 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 142,500 km/year (11,875 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km

Payment Analysis

368.00CAD/monthin Kitchener, ON
    Before Taxes:
  • 368.00 CAD/month
  • 169.85 CAD/bi-weekly
  • 84.92 CAD/week
  • 4,416.00 CAD/year
Incl. Ontario Taxes (13%):
  • 415.84 CAD/month
  • 191.93 CAD/bi-weekly
  • 95.96 CAD/week
  • 4,990.08 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: 2,176 CAD

compared to leasing a BRAND NEW:

  • 2022 Honda CR-V Night Edition
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 640
This Contract (CAD/month) 368
Monthly Difference 272 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 2,176 CAD
Total Savings (CAD) = 2,176

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,554 CAD
  • Total Vehicle Debt: 39,355 CAD
  • Paid so Far: 19,801 CAD (50% Paid)
  • Remaining Lease Payments: 2,944 CAD
  • Residual Value: 16,610 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,801 CAD Total Vehicle Value: 39,355 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 665 CAD Remaining Term: 2,944 CAD
Term Paid so Far: 19,136 CAD Residual Value: 16,610 CAD
1%
49%
7%
43%
Cost to Own
Already Paid: 19,801 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 19,554 CAD
50% Paid
0%
50%
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: 19,554 CAD

  • 4.9%Interest Rate x 48 months
  • 449 CAD/month + tax
  • Total Payable: 21,573 CAD
  • Total Interest: 2,019 CAD
  • 8.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,312 CAD
  • Total Interest: 3,758 CAD
  • 14.9%Interest Rate x 48 months
  • 543 CAD/month + tax
  • Total Payable: 26,074 CAD
  • Total Interest: 6,520 CAD

At the end of the Lease Contract

Residual Value: 16,610 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 382 CAD/month + tax
  • Total Payable: 18,325 CAD
  • Total Interest: 1,715 CAD
  • 8.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,803 CAD
  • Total Interest: 3,193 CAD
  • 14.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,149 CAD
  • Total Interest: 5,539 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)
3.10
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 22.08CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
12.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,740.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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