Payment Analysis

589.00CAD/monthin Moncton, NB
    Before Taxes:
  • 589.00 CAD/month
  • 271.85 CAD/bi-weekly
  • 135.92 CAD/week
  • 7,068.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 677.35 CAD/month
  • 312.62 CAD/bi-weekly
  • 156.31 CAD/week
  • 8,128.20 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: 4,484 ~ 5,784 CAD

compared to leasing a BRAND NEW:

  • Subaru Forester Automatic Transmission CVT
  • for 39 months
  • in NB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 531
This Contract (CAD/month) 589
Monthly Difference -58 CAD/month
Remaining Term x 2 months
Total Monthly Difference = -116 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,484 ~ 5,784
** "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: 14,236 CAD
  • Total Vehicle Debt: 43,741 CAD
  • Paid so Far: 26,505 CAD (60% Paid)
  • Remaining Lease Payments: 1,178 CAD
  • Residual Value: 16,058 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 26,505 CAD Total Vehicle Value: 43,741 CAD
60% Paid
40%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,178 CAD
Term Paid so Far: 26,505 CAD Residual Value: 16,058 CAD
0%
60%
2%
38%
Cost to Own
Already Paid: 26,505 CAD (60%)
Cash Incentive: 3,000 CAD Buyout Price Today: 14,236 CAD
60% Paid
6%
34%
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: 14,236 CAD

  • 4.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,705 CAD
  • Total Interest: 1,470 CAD
  • 8.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 16,972 CAD
  • Total Interest: 2,736 CAD
  • 14.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,983 CAD
  • Total Interest: 4,747 CAD

At the end of the Lease Contract

Residual Value: 16,058 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 369 CAD/month + tax
  • Total Payable: 17,715 CAD
  • Total Interest: 1,658 CAD
  • 8.9%Interest Rate x 48 months
  • 399 CAD/month + tax
  • Total Payable: 19,144 CAD
  • Total Interest: 3,086 CAD
  • 14.9%Interest Rate x 48 months
  • 446 CAD/month + tax
  • Total Payable: 21,412 CAD
  • Total Interest: 5,354 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)
-2.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 1.33CAD/100km (TODAY without the Cash Incentive)
  • 29.45CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
-29.95
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 19.36CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
10,211.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 461.54km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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CAD/month x 30 months
2023 Honda HRV - LX (ID: #53913)
226
Moncton
2023 Honda

HRV - LX CVT 2WD

Payment Details
  • Current Payment: 226 CAD/month + tax
  • Residual Value: 13,503 CAD
  • Months to End: 30 months (Jul, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 24,667 km/year (2,056 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details