Payment Analysis

925.00CAD/monthin Toronto
    Before Taxes:
  • 925.00 CAD/month
  • 426.92 CAD/bi-weekly
  • 213.46 CAD/week
  • 11,100.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,045.25 CAD/month
  • 482.42 CAD/bi-weekly
  • 241.21 CAD/week
  • 12,543.00 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: -6,270 ~ -4,970 CAD

compared to leasing a BRAND NEW:

  • Honda CR-V Touring
  • for 54 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 543
This Contract (CAD/month) 925
Monthly Difference -382 CAD/month
Remaining Term x 35 months
Total Monthly Difference = -13,370 CAD
+ Cash Incentive** (CAD) + 5,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -6,270 ~ -4,970
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 51,765 CAD
  • Total Vehicle Debt: 69,290 CAD
  • Paid so Far: 12,025 CAD (17% Paid)
  • Remaining Lease Payments: 32,375 CAD
  • Residual Value: 24,890 CAD
  • Cash Incentive: 5,500 CAD
Vehicle Debt & Value
Paid so far: 12,025 CAD Total Vehicle Value: 69,290 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 32,375 CAD
Term Paid so Far: 12,025 CAD Residual Value: 24,890 CAD
0%
17%
46%
37%
Cost to Own
Already Paid: 12,025 CAD (17%)
Cash Incentive: 5,500 CAD Buyout Price Today: 51,765 CAD
17% Paid
7%
76%
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: 51,765 CAD

  • 4.9%Interest Rate x 48 months
  • 1,190 CAD/month + tax
  • Total Payable: 57,109 CAD
  • Total Interest: 5,344 CAD
  • 8.9%Interest Rate x 48 months
  • 1,286 CAD/month + tax
  • Total Payable: 61,714 CAD
  • Total Interest: 9,949 CAD
  • 14.9%Interest Rate x 48 months
  • 1,438 CAD/month + tax
  • Total Payable: 69,026 CAD
  • Total Interest: 17,261 CAD

At the end of the Lease Contract

Residual Value: 24,890 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,459 CAD
  • Total Interest: 2,569 CAD
  • 8.9%Interest Rate x 48 months
  • 618 CAD/month + tax
  • Total Payable: 29,674 CAD
  • Total Interest: 4,784 CAD
  • 14.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,189 CAD
  • Total Interest: 8,299 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)
45.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,500CAD incentive)
  • 55.06CAD/100km (TODAY without the Cash Incentive)
  • 69.38CAD/100km (Original Contract back in Dec, 2023)
Time Analysis
Cost per day: (CAD)
25.24
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,500CAD incentive)
  • 30.41CAD/day (Original Contract back in Dec, 2023)
Remaining Km
Can be driven up to:
387.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Dec, 2023)

Seller Contact Info

  • Name: Conrado Torres
  • Location: Toronto
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

****This is a lease takeover****
Takeover my lease and receive a cash incentive.

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