Payment Analysis

374.00CAD/monthin Saint John, NB
    Before Taxes:
  • 374.00 CAD/month
  • 172.62 CAD/bi-weekly
  • 86.31 CAD/week
  • 4,488.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 430.10 CAD/month
  • 198.51 CAD/bi-weekly
  • 99.25 CAD/week
  • 5,161.20 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: 1,196 ~ 2,096 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V LX AWD w/ Extended Warranty (5 Year/100,000 km)
  • for 12 months
  • in New Brunswick
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 407
This Contract (CAD/month) 374
Monthly Difference 33 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 396 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,196 ~ 2,096

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,488 CAD
  • Total Vehicle Debt: 39,440 CAD
  • Paid so Far: 21,952 CAD (55% Paid)
  • Remaining Lease Payments: 4,488 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,952 CAD Total Vehicle Value: 39,440 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 4,488 CAD
Term Paid so Far: 17,952 CAD Residual Value: 13,000 CAD
10%
45%
11%
34%
Cost to Own
Already Paid: 21,952 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 17,488 CAD
55% Paid
0%
45%
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: 17,488 CAD

  • 4.9%Interest Rate x 48 months
  • 402 CAD/month + tax
  • Total Payable: 19,293 CAD
  • Total Interest: 1,805 CAD
  • 8.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,849 CAD
  • Total Interest: 3,361 CAD
  • 14.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,319 CAD
  • Total Interest: 5,831 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
4.59
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 22.44CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
12.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,878.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2018)

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Lease Takeover Temporary Image
CAD/month x 32 months
2023 Honda HRV - LX (ID: #53913)
226
Moncton
2023 Honda

HRV - LX CVT 2WD

Payment Details
  • Current Payment: 226 CAD/month + tax
  • Residual Value: 13,503 CAD
  • Months to End: 32 months (Jul, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 23,125 km/year (1,927 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
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