Payment Analysis

390.00CAD/monthin Toronto, ON
    Before Taxes:
  • 390.00 CAD/month
  • 180.00 CAD/bi-weekly
  • 90.00 CAD/week
  • 4,680.00 CAD/year
Incl. Ontario Taxes (13%):
  • 440.70 CAD/month
  • 203.40 CAD/bi-weekly
  • 101.70 CAD/week
  • 5,288.40 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: 506 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX CVT FWD
  • for 60 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 412
This Contract (CAD/month) 390
Monthly Difference 22 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 506 CAD
Total Savings (CAD) = 506

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,457 CAD
  • Total Vehicle Debt: 36,887 CAD
  • Paid so Far: 14,430 CAD (39% Paid)
  • Remaining Lease Payments: 8,970 CAD
  • Residual Value: 13,487 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,430 CAD Total Vehicle Value: 36,887 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,970 CAD
Term Paid so Far: 14,430 CAD Residual Value: 13,487 CAD
0%
39%
24%
37%
Cost to Own
Already Paid: 14,430 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 22,457 CAD
39% Paid
0%
61%
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: 22,457 CAD

  • 4.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,775 CAD
  • Total Interest: 2,318 CAD
  • 8.9%Interest Rate x 48 months
  • 558 CAD/month + tax
  • Total Payable: 26,773 CAD
  • Total Interest: 4,316 CAD
  • 14.9%Interest Rate x 48 months
  • 624 CAD/month + tax
  • Total Payable: 29,944 CAD
  • Total Interest: 7,488 CAD

At the end of the Lease Contract

Residual Value: 13,487 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 310 CAD/month + tax
  • Total Payable: 14,879 CAD
  • Total Interest: 1,392 CAD
  • 8.9%Interest Rate x 48 months
  • 335 CAD/month + tax
  • Total Payable: 16,079 CAD
  • Total Interest: 2,592 CAD
  • 14.9%Interest Rate x 48 months
  • 375 CAD/month + tax
  • Total Payable: 17,983 CAD
  • Total Interest: 4,497 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)
8.97
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 23.40CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
12.82
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,003.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2021)

Seller Contact Info

This Contract was Already Transferred.

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