This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Acura Lease Takeover in Markham, ON: 2020 Acura ILX Automatic 2WD
SAVE ~200 CAD
CAD/month x 8 months
2020 Acura ILX (ID: #23420)
448
Markham, ON
2020 Acura

ILX Automatic 2WD

Payment Details
  • Current Payment: 448 CAD/month + tax
  • Residual Value: 17,000 CAD
  • Months to End: 8 months (Nov, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 700 km total
  • Available Now: 118,950 km/year (9,913 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

448.00CAD/monthin Markham, ON
    Before Taxes:
  • 448.00 CAD/month
  • 206.77 CAD/bi-weekly
  • 103.38 CAD/week
  • 5,376.00 CAD/year
Incl. Ontario Taxes (13%):
  • 506.24 CAD/month
  • 233.65 CAD/bi-weekly
  • 116.82 CAD/week
  • 6,074.88 CAD/year

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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: 216 CAD

compared to leasing a BRAND NEW:

  • Acura ILX Automatic 2WD
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 475
This Contract (CAD/month) 448
Monthly Difference 27 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 216 CAD
Total Savings (CAD) = 216

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,584 CAD
  • Total Vehicle Debt: 38,504 CAD
  • Paid so Far: 17,920 CAD (46% Paid)
  • Remaining Lease Payments: 3,584 CAD
  • Residual Value: 17,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,920 CAD Total Vehicle Value: 38,504 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,584 CAD
Term Paid so Far: 17,920 CAD Residual Value: 17,000 CAD
0%
46%
9%
45%
Cost to Own
Already Paid: 17,920 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 20,584 CAD
46% Paid
0%
54%
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: 20,584 CAD

  • 4.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,709 CAD
  • Total Interest: 2,125 CAD
  • 8.9%Interest Rate x 48 months
  • 511 CAD/month + tax
  • Total Payable: 24,540 CAD
  • Total Interest: 3,956 CAD
  • 14.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,448 CAD
  • Total Interest: 6,864 CAD

At the end of the Lease Contract

Residual Value: 17,000 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,755 CAD
  • Total Interest: 1,755 CAD
  • 8.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,267 CAD
  • Total Interest: 3,267 CAD
  • 14.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,669 CAD
  • Total Interest: 5,669 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)
4.52
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 26.88CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
14.73
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,287.50
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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