Payment Analysis

523.16CAD/monthin London, ON
    Before Taxes:
  • 523.16 CAD/month
  • 241.46 CAD/bi-weekly
  • 120.73 CAD/week
  • 6,277.92 CAD/year
Incl. Ontario Taxes (13%):
  • 591.17 CAD/month
  • 272.85 CAD/bi-weekly
  • 136.42 CAD/week
  • 7,094.05 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: -972 ~ -72 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V SPORT AWD
  • for 42 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 561
This Contract (CAD/month) 523
Monthly Difference 38 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 228 CAD
- Required Payment** (CAD) - 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -972 ~ -72
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,185 CAD
  • Total Vehicle Debt: 58,103 CAD
  • Paid so Far: 39,918 CAD (68% Paid)
  • Remaining Lease Payments: 3,139 CAD
  • Residual Value: 15,046 CAD
  • Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 39,918 CAD Total Vehicle Value: 58,103 CAD
68% Paid
32%
Vehicle Debt Breakdown
Downpayment: 5,390 CAD Remaining Term: 3,139 CAD
Term Paid so Far: 34,529 CAD Residual Value: 15,046 CAD
9%
59%
5%
27%
Cost to Own
Already Paid: 39,918 CAD (68%)
Required Payment: 2,000 CAD (3%)Buyout Price Today: 20,185 CAD
65% Paid
3%
32%
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: 20,185 CAD

  • 4.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,268 CAD
  • Total Interest: 2,084 CAD
  • 8.9%Interest Rate x 48 months
  • 501 CAD/month + tax
  • Total Payable: 24,064 CAD
  • Total Interest: 3,880 CAD
  • 14.9%Interest Rate x 48 months
  • 561 CAD/month + tax
  • Total Payable: 26,915 CAD
  • Total Interest: 6,730 CAD

At the end of the Lease Contract

Residual Value: 15,046 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 346 CAD/month + tax
  • Total Payable: 16,599 CAD
  • Total Interest: 1,553 CAD
  • 8.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,938 CAD
  • Total Interest: 2,892 CAD
  • 14.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,063 CAD
  • Total Interest: 5,017 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)
4.80
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 2.93CAD/100km (TODAY without the Cash Incentive)
  • 31.39CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
28.16
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 17.20CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
4,115.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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