Payment Analysis

482.30CAD/monthin Toronto, ON
    Before Taxes:
  • 482.30 CAD/month
  • 222.60 CAD/bi-weekly
  • 111.30 CAD/week
  • 5,787.60 CAD/year
Incl. Ontario Taxes (13%):
  • 545.00 CAD/month
  • 251.54 CAD/bi-weekly
  • 125.77 CAD/week
  • 6,539.99 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: 1,600 ~ 2,900 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V EX-L AWD
  • for 54 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 482
This Contract (CAD/month) 482
Monthly Difference 0 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 0 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,600 ~ 2,900

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,200 CAD
  • Total Vehicle Debt: 46,164 CAD
  • Paid so Far: 25,964 CAD (56% Paid)
  • Remaining Lease Payments: 3,858 CAD
  • Residual Value: 16,342 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 25,964 CAD Total Vehicle Value: 46,164 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 884 CAD Remaining Term: 3,858 CAD
Term Paid so Far: 25,080 CAD Residual Value: 16,342 CAD
1%
55%
8%
36%
Cost to Own
Already Paid: 25,964 CAD (56%)
Cash Incentive: 0 CAD Buyout Price Today: 20,200 CAD
56% Paid
0%
44%
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: 20,200 CAD

  • 4.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,286 CAD
  • Total Interest: 2,085 CAD
  • 8.9%Interest Rate x 48 months
  • 502 CAD/month + tax
  • Total Payable: 24,083 CAD
  • Total Interest: 3,883 CAD
  • 14.9%Interest Rate x 48 months
  • 561 CAD/month + tax
  • Total Payable: 26,936 CAD
  • Total Interest: 6,736 CAD

At the end of the Lease Contract

Residual Value: 16,342 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,029 CAD
  • Total Interest: 1,687 CAD
  • 8.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,483 CAD
  • Total Interest: 3,141 CAD
  • 14.9%Interest Rate x 48 months
  • 454 CAD/month + tax
  • Total Payable: 21,791 CAD
  • Total Interest: 5,449 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)
4.08
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 28.94CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
15.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,725.96
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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