Payment Analysis

408.00CAD/monthin Newmarket, ON
    Before Taxes:
  • 408.00 CAD/month
  • 188.31 CAD/bi-weekly
  • 94.15 CAD/week
  • 4,896.00 CAD/year
Incl. Ontario Taxes (13%):
  • 461.04 CAD/month
  • 212.79 CAD/bi-weekly
  • 106.39 CAD/week
  • 5,532.48 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: 1,216 CAD

compared to leasing a BRAND NEW:

  • HONDA CR-V LX AWD
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 484
This Contract (CAD/month) 408
Monthly Difference 76 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 1,216 CAD
Total Savings (CAD) = 1,216

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,946 CAD
  • Total Vehicle Debt: 39,562 CAD
  • Paid so Far: 18,616 CAD (47% Paid)
  • Remaining Lease Payments: 6,528 CAD
  • Residual Value: 14,418 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,616 CAD Total Vehicle Value: 39,562 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 664 CAD Remaining Term: 6,528 CAD
Term Paid so Far: 17,952 CAD Residual Value: 14,418 CAD
1%
46%
16%
37%
Cost to Own
Already Paid: 18,616 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 20,946 CAD
47% Paid
0%
53%
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: 20,946 CAD

  • 4.9%Interest Rate x 48 months
  • 481 CAD/month + tax
  • Total Payable: 23,108 CAD
  • Total Interest: 2,162 CAD
  • 8.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,972 CAD
  • Total Interest: 4,026 CAD
  • 14.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,930 CAD
  • Total Interest: 6,984 CAD

At the end of the Lease Contract

Residual Value: 14,418 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 331 CAD/month + tax
  • Total Payable: 15,906 CAD
  • Total Interest: 1,488 CAD
  • 8.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,189 CAD
  • Total Interest: 2,771 CAD
  • 14.9%Interest Rate x 48 months
  • 401 CAD/month + tax
  • Total Payable: 19,226 CAD
  • Total Interest: 4,808 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)
7.25
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 24.48CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
13.41
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,298.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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