Payment Analysis
416.81CAD/monthin Brampton, ON
- 416.81 CAD/month
- 192.37 CAD/bi-weekly
- 96.19 CAD/week
- 5,001.72 CAD/year
Before Taxes:
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:
4,871 ~ 5,271 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
| Leasing New (CAD/month) | 543 |
|---|---|
| This Contract (CAD/month) | 417 |
| Monthly Difference | 127 CAD/month |
| Remaining Term | x 23 months |
| Total Monthly Difference | = 2,921 CAD |
| + Cash Incentive** (CAD) | + 1,150 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 4,871 ~ 5,271 |
| ** "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:
24,302 CAD
- Total Vehicle Debt: 37,372 CAD
- Paid so Far: 11,920 CAD (31% Paid)
- Remaining Lease Payments: 9,587 CAD
- Residual Value: 15,865 CAD
- Cash Incentive: 1,150 CAD
Vehicle Debt & Value
Paid so far: 11,920 CAD Total Vehicle Value: 37,372 CAD
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 9,587 CAD
Term Paid so Far: 10,420 CAD Residual Value: 15,865 CAD
Cost to Own
Already Paid: 11,920 CAD (31%)
Cash Incentive: 1,150 CAD Buyout Price Today: 24,302 CAD
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: 24,302 CAD
- 4.9%Interest Rate x 48 months
- 559 CAD/month + tax
- Total Payable: 26,811 CAD
- Total Interest: 2,509 CAD
- 8.9%Interest Rate x 48 months
- 604 CAD/month + tax
- Total Payable: 28,973 CAD
- Total Interest: 4,671 CAD
- 14.9%Interest Rate x 48 months
- 675 CAD/month + tax
- Total Payable: 32,405 CAD
- Total Interest: 8,103 CAD
At the end of the Lease Contract
Residual Value: 15,865 CAD (in 23 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)
10.00
- + tax
- + fuel
- + insurance
- 11.37CAD/100km (TODAY without the Cash Incentive)
- 20.84CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
12.06
- + tax
- + insurance
- + km driven & fuel
- 13.70CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
846.26
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jul, 2019)
Seller Contact Info
This Contract was Already Transferred.
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