This Vehicle is Sold


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Vehicle Photos

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Transfer Details

+ 3,000 cash
Honda Lease Takeover in Milton,ON: 2019 Honda Accord Sport CVT 2WD ID:#25898
SAVE ~4,500 CAD
CAD/month x 7 months
2019 Honda Accord Sport (ID: #25898)
464
Milton,ON
2019 Honda

Accord Sport CVT 2WD 1.5T w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 464 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 35 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 12,800 CAD
  • Months to End: 7 months (Nov, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 31,000 km total
  • Available Now: 118,286 km/year (9,857 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

464.00CAD/monthin Milton,ON
    Before Taxes:
  • 464.00 CAD/month
  • 214.15 CAD/bi-weekly
  • 107.08 CAD/week
  • 5,568.00 CAD/year
Incl. Ontario Taxes (13%):
  • 524.32 CAD/month
  • 241.99 CAD/bi-weekly
  • 121.00 CAD/week
  • 6,291.84 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: 4,073 ~ 4,973 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan SPORT
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 503
This Contract (CAD/month) 464
Monthly Difference 39 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 273 CAD
+ Cash Incentive** (CAD) + 3,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,073 ~ 4,973
** "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: 13,048 CAD
  • Total Vehicle Debt: 41,640 CAD
  • Paid so Far: 25,592 CAD (61% Paid)
  • Remaining Lease Payments: 3,248 CAD
  • Residual Value: 12,800 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 25,592 CAD Total Vehicle Value: 41,640 CAD
61% Paid
39%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 3,248 CAD
Term Paid so Far: 24,592 CAD Residual Value: 12,800 CAD
2%
59%
7%
32%
Cost to Own
Already Paid: 25,592 CAD (61%)
Cash Incentive: 3,000 CAD Buyout Price Today: 13,048 CAD
61% Paid
7%
32%
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: 13,048 CAD

  • 4.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,395 CAD
  • Total Interest: 1,347 CAD
  • 8.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,556 CAD
  • Total Interest: 2,508 CAD
  • 14.9%Interest Rate x 48 months
  • 362 CAD/month + tax
  • Total Payable: 17,399 CAD
  • Total Interest: 4,351 CAD

At the end of the Lease Contract

Residual Value: 12,800 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,121 CAD
  • Total Interest: 1,321 CAD
  • 8.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,260 CAD
  • Total Interest: 2,460 CAD
  • 14.9%Interest Rate x 48 months
  • 356 CAD/month + tax
  • Total Payable: 17,068 CAD
  • Total Interest: 4,268 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)
0.36
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 4.71CAD/100km (TODAY without the Cash Incentive)
  • 27.84CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
1.16
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 15.25CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
2,274.73
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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