This Vehicle is Sold


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Transfer Details

 Honda Lease Takeover in Brampton Ontario: 2020 Honda Accord Touring Automatic 2WD
SAVE ~6,300 CAD
CAD/month x 43 months
2020 Honda Accord Touring (ID: #30263)
440
Brampton, ON
2020 Honda

Accord Touring Automatic 2WD Warrenty coverage full and rim and tire packages included

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Original Downpayment: 1,500 CAD
  • Residual Value: 14,000 CAD
  • Months to End: 43 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 25,395 km/year (2,116 per month)
  • Excess Km Cost: 0.08 CAD/km
Deal Special Perks
  • Large Down Payment
  • All Main Coverages
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

440.00CAD/monthin Brampton, ON
    Before Taxes:
  • 440.00 CAD/month
  • 203.08 CAD/bi-weekly
  • 101.54 CAD/week
  • 5,280.00 CAD/year
Incl. Ontario Taxes (13%):
  • 497.20 CAD/month
  • 229.48 CAD/bi-weekly
  • 114.74 CAD/week
  • 5,966.40 CAD/year

Estimate Insurance Costs

 

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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: 5,874 ~ 6,774 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan TOURING 2WD
  • for 42 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 558
This Contract (CAD/month) 440
Monthly Difference 118 CAD/month
Remaining Term x 43 months
Total Monthly Difference = 5,074 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,874 ~ 6,774

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,920 CAD
  • Total Vehicle Debt: 36,620 CAD
  • Paid so Far: 3,700 CAD (10% Paid)
  • Remaining Lease Payments: 18,920 CAD
  • Residual Value: 14,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,700 CAD Total Vehicle Value: 36,620 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 18,920 CAD
Term Paid so Far: 2,200 CAD Residual Value: 14,000 CAD
4%
6%
51%
39%
Cost to Own
Already Paid: 3,700 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 32,920 CAD
10% Paid
0%
90%
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: 32,920 CAD

  • 4.9%Interest Rate x 48 months
  • 757 CAD/month + tax
  • Total Payable: 36,318 CAD
  • Total Interest: 3,398 CAD
  • 8.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,247 CAD
  • Total Interest: 6,327 CAD
  • 14.9%Interest Rate x 48 months
  • 915 CAD/month + tax
  • Total Payable: 43,897 CAD
  • Total Interest: 10,977 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 43 months)

  • 4.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,445 CAD
  • Total Interest: 1,445 CAD
  • 8.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,691 CAD
  • Total Interest: 2,691 CAD
  • 14.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,668 CAD
  • Total Interest: 4,668 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)
20.79
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 22.00CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
14.47
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
488.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 461.54km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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