Honda Lease Takeover in Yarmouth, NS: 2021 Honda CR-V LX Automatique 2WD ID:#33100 • LeaseCosts Canada

Payment Analysis

421.12CAD/monthin Yarmouth, NS

Before Taxes:

421.12 CAD/month
194.36 CAD/bi-weekly
97.18 CAD/week
5,053.44 CAD/year

Incl. Nova Scotia Taxes (15%):

484.29 CAD/month
223.52 CAD/bi-weekly
111.76 CAD/week
5,811.46 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: 1,104 ~ 2,404 CAD

compared to leasing a BRAND NEW:

Honda CR-V LX 2WD
for 54 months
in NS
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	390
This Contract (CAD/month)	421
Monthly Difference	-31 CAD/month
Remaining Term	x 16 months
Total Monthly Difference	= -496 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 1,104 ~ 2,404

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,625 CAD

Total Vehicle Debt: 39,904 CAD
Paid so Far: 20,279 CAD (50% Paid)
Remaining Lease Payments: 6,738 CAD
Residual Value: 12,887 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 20,279 CAD Total Vehicle Value: 39,904 CAD

50% Paid

50%

Vehicle Debt Breakdown

Downpayment: 1,750 CAD Remaining Term: 6,738 CAD

Term Paid so Far: 18,529 CAD Residual Value: 12,887 CAD

46%

17%

33%

Cost to Own

Already Paid: 20,279 CAD (50%)

Cash Incentive: 0 CAD Buyout Price Today: 19,625 CAD

50% Paid

50%

Additional Financing Details

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: 19,625 CAD

4.9%Interest Rate x 48 months
451 CAD/month + tax
Total Payable: 21,651 CAD
Total Interest: 2,026 CAD

8.9%Interest Rate x 48 months
487 CAD/month + tax
Total Payable: 23,397 CAD
Total Interest: 3,772 CAD

14.9%Interest Rate x 48 months
545 CAD/month + tax
Total Payable: 26,169 CAD
Total Interest: 6,544 CAD

At the end of the Lease Contract

Residual Value: 12,887 CAD (in 16 months)

4.9%Interest Rate x 48 months
296 CAD/month + tax
Total Payable: 14,217 CAD
Total Interest: 1,330 CAD

8.9%Interest Rate x 48 months
320 CAD/month + tax
Total Payable: 15,364 CAD
Total Interest: 2,477 CAD

14.9%Interest Rate x 48 months
358 CAD/month + tax
Total Payable: 17,184 CAD
Total Interest: 4,297 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)