This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,500 cash
Honda Lease Takeover in Ottawa, ON: 2020 Honda Accord Sport CVT 2WD
SAVE ~4,100 CAD
CAD/month x 2 months
2020 Honda Accord Sport (ID: #24479)
423
Ottawa, ON
2020 Honda

Accord Sport CVT 2WD w/ Warranty Complete Term & Wear & Tear Coverage & Winter Tires

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 423 CAD/month + tax
  • Cash Incentive: 1,500 CAD
  • Payment After Incentive: -327 CAD/month + tax
  • Residual Value: 15,176 CAD
  • Months to End: 2 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 13,500 km total
  • Available Now: 399,000 km/year (33,250 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • 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

423.12CAD/monthin Ottawa, ON
    Before Taxes:
  • 423.12 CAD/month
  • 195.29 CAD/bi-weekly
  • 97.64 CAD/week
  • 5,077.44 CAD/year
Incl. Ontario Taxes (13%):
  • 478.13 CAD/month
  • 220.67 CAD/bi-weekly
  • 110.34 CAD/week
  • 5,737.51 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: 3,422 ~ 4,722 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan SPORT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 584
This Contract (CAD/month) 423
Monthly Difference 161 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 322 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,422 ~ 4,722
** "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: 14,523 CAD
  • Total Vehicle Debt: 35,486 CAD
  • Paid so Far: 19,464 CAD (54% Paid)
  • Remaining Lease Payments: 846 CAD
  • Residual Value: 15,176 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 19,464 CAD Total Vehicle Value: 35,486 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 846 CAD
Term Paid so Far: 19,464 CAD Residual Value: 15,176 CAD
0%
54%
2%
44%
Cost to Own
Already Paid: 19,464 CAD (54%)
Cash Incentive: 1,500 CAD Buyout Price Today: 14,523 CAD
54% Paid
4%
42%
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: 14,523 CAD

  • 4.9%Interest Rate x 48 months
  • 334 CAD/month + tax
  • Total Payable: 16,022 CAD
  • Total Interest: 1,499 CAD
  • 8.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,314 CAD
  • Total Interest: 2,791 CAD
  • 14.9%Interest Rate x 48 months
  • 403 CAD/month + tax
  • Total Payable: 19,365 CAD
  • Total Interest: 4,842 CAD

At the end of the Lease Contract

Residual Value: 15,176 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 349 CAD/month + tax
  • Total Payable: 16,743 CAD
  • Total Interest: 1,567 CAD
  • 8.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,093 CAD
  • Total Interest: 2,917 CAD
  • 14.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,237 CAD
  • Total Interest: 5,060 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)
-0.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 1.27CAD/100km (TODAY without the Cash Incentive)
  • 25.39CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
-10.75
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 13.91CAD/day (Original Contract back in Jun, 2020)
Remaining Km
Can be driven up to:
7,673.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

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