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: 462 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 21 months
Total Monthly Difference = 462 CAD
Total Savings (CAD) = 462

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,677 CAD
  • Total Vehicle Debt: 36,887 CAD
  • Paid so Far: 15,210 CAD (41% Paid)
  • Remaining Lease Payments: 8,190 CAD
  • Residual Value: 13,487 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,210 CAD Total Vehicle Value: 36,887 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,190 CAD
Term Paid so Far: 15,210 CAD Residual Value: 13,487 CAD
0%
41%
22%
37%
Cost to Own
Already Paid: 15,210 CAD (41%)
Cash Incentive: 0 CAD Buyout Price Today: 21,677 CAD
41% Paid
0%
59%
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: 21,677 CAD

  • 4.9%Interest Rate x 48 months
  • 498 CAD/month + tax
  • Total Payable: 23,914 CAD
  • Total Interest: 2,238 CAD
  • 8.9%Interest Rate x 48 months
  • 538 CAD/month + tax
  • Total Payable: 25,843 CAD
  • Total Interest: 4,166 CAD
  • 14.9%Interest Rate x 48 months
  • 602 CAD/month + tax
  • Total Payable: 28,904 CAD
  • Total Interest: 7,228 CAD

At the end of the Lease Contract

Residual Value: 13,487 CAD (in 21 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)
8.19
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 23.40CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
12.82
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,098.90
  • 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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