Payment Analysis

389.39CAD/monthin Markham, ON
    Before Taxes:
  • 389.39 CAD/month
  • 179.72 CAD/bi-weekly
  • 89.86 CAD/week
  • 4,672.68 CAD/year
Incl. Ontario Taxes (13%):
  • 440.01 CAD/month
  • 203.08 CAD/bi-weekly
  • 101.54 CAD/week
  • 5,280.13 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: 515 CAD

compared to leasing a BRAND NEW:

  • CR-V EX-L CVT AWD
  • for 54 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 492
This Contract (CAD/month) 389
Monthly Difference 103 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 515 CAD
Total Savings (CAD) = 515

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,197 CAD
  • Total Vehicle Debt: 39,613 CAD
  • Paid so Far: 21,416 CAD (54% Paid)
  • Remaining Lease Payments: 1,947 CAD
  • Residual Value: 16,250 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,416 CAD Total Vehicle Value: 39,613 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,947 CAD
Term Paid so Far: 21,416 CAD Residual Value: 16,250 CAD
0%
54%
4%
42%
Cost to Own
Already Paid: 21,416 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 18,197 CAD
54% Paid
0%
46%
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: 18,197 CAD

  • 4.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,075 CAD
  • Total Interest: 1,878 CAD
  • 8.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,694 CAD
  • Total Interest: 3,497 CAD
  • 14.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,264 CAD
  • Total Interest: 6,068 CAD

At the end of the Lease Contract

Residual Value: 16,250 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,927 CAD
  • Total Interest: 1,678 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,373 CAD
  • Total Interest: 3,123 CAD
  • 14.9%Interest Rate x 48 months
  • 451 CAD/month + tax
  • Total Payable: 21,668 CAD
  • Total Interest: 5,418 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)
1.95
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 23.36CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
12.80
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,609.89
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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