Payment Analysis

416.81CAD/monthin Brampton, ON
    Before Taxes:
  • 416.81 CAD/month
  • 192.37 CAD/bi-weekly
  • 96.19 CAD/week
  • 5,001.72 CAD/year
Incl. Ontario Taxes (13%):
  • 471.00 CAD/month
  • 217.38 CAD/bi-weekly
  • 108.69 CAD/week
  • 5,651.94 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: 5,506 ~ 5,906 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sport 2.0 CVT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 543
This Contract (CAD/month) 417
Monthly Difference 127 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 3,556 CAD
+ Cash Incentive** (CAD) + 1,150
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,506 ~ 5,906
** "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: 26,386 CAD
  • Total Vehicle Debt: 37,372 CAD
  • Paid so Far: 9,836 CAD (26% Paid)
  • Remaining Lease Payments: 11,671 CAD
  • Residual Value: 15,865 CAD
  • Cash Incentive: 1,150 CAD
Vehicle Debt & Value
Paid so far: 9,836 CAD Total Vehicle Value: 37,372 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 11,671 CAD
Term Paid so Far: 8,336 CAD Residual Value: 15,865 CAD
3%
23%
31%
43%
Cost to Own
Already Paid: 9,836 CAD (26%)
Cash Incentive: 1,150 CAD Buyout Price Today: 26,386 CAD
26% Paid
3%
71%
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: 26,386 CAD

  • 4.9%Interest Rate x 48 months
  • 606 CAD/month + tax
  • Total Payable: 29,110 CAD
  • Total Interest: 2,724 CAD
  • 8.9%Interest Rate x 48 months
  • 655 CAD/month + tax
  • Total Payable: 31,458 CAD
  • Total Interest: 5,072 CAD
  • 14.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,184 CAD
  • Total Interest: 8,798 CAD

At the end of the Lease Contract

Residual Value: 15,865 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 365 CAD/month + tax
  • Total Payable: 17,503 CAD
  • Total Interest: 1,638 CAD
  • 8.9%Interest Rate x 48 months
  • 394 CAD/month + tax
  • Total Payable: 18,915 CAD
  • Total Interest: 3,049 CAD
  • 14.9%Interest Rate x 48 months
  • 441 CAD/month + tax
  • Total Payable: 21,156 CAD
  • Total Interest: 5,290 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)
12.47
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,150CAD incentive)
  • 13.84CAD/100km (TODAY without the Cash Incentive)
  • 20.84CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
12.35
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,150CAD incentive)
  • 13.70CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
695.14
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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