Payment Analysis

368.00CAD/monthin Kitchener, ON
    Before Taxes:
  • 368.00 CAD/month
  • 169.85 CAD/bi-weekly
  • 84.92 CAD/week
  • 4,416.00 CAD/year
Incl. Ontario Taxes (13%):
  • 415.84 CAD/month
  • 191.93 CAD/bi-weekly
  • 95.96 CAD/week
  • 4,990.08 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: 2,448 CAD

compared to leasing a BRAND NEW:

  • 2022 Honda CR-V Night Edition
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 640
This Contract (CAD/month) 368
Monthly Difference 272 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,448 CAD
Total Savings (CAD) = 2,448

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,922 CAD
  • Total Vehicle Debt: 39,355 CAD
  • Paid so Far: 19,433 CAD (49% Paid)
  • Remaining Lease Payments: 3,312 CAD
  • Residual Value: 16,610 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,433 CAD Total Vehicle Value: 39,355 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 665 CAD Remaining Term: 3,312 CAD
Term Paid so Far: 18,768 CAD Residual Value: 16,610 CAD
1%
48%
8%
43%
Cost to Own
Already Paid: 19,433 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 19,922 CAD
49% Paid
0%
51%
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: 19,922 CAD

  • 4.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 21,979 CAD
  • Total Interest: 2,057 CAD
  • 8.9%Interest Rate x 48 months
  • 495 CAD/month + tax
  • Total Payable: 23,751 CAD
  • Total Interest: 3,829 CAD
  • 14.9%Interest Rate x 48 months
  • 553 CAD/month + tax
  • Total Payable: 26,565 CAD
  • Total Interest: 6,643 CAD

At the end of the Lease Contract

Residual Value: 16,610 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 382 CAD/month + tax
  • Total Payable: 18,325 CAD
  • Total Interest: 1,715 CAD
  • 8.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,803 CAD
  • Total Interest: 3,193 CAD
  • 14.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,149 CAD
  • Total Interest: 5,539 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)
3.49
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 22.08CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
12.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,435.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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