Payment Analysis

442.00CAD/monthin Toronto, ON
    Before Taxes:
  • 442.00 CAD/month
  • 204.00 CAD/bi-weekly
  • 102.00 CAD/week
  • 5,304.00 CAD/year
Incl. Ontario Taxes (13%):
  • 499.46 CAD/month
  • 230.52 CAD/bi-weekly
  • 115.26 CAD/week
  • 5,993.52 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: 9,213 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sport (MSRP 33,276.00)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 715
This Contract (CAD/month) 442
Monthly Difference 273 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 8,463 CAD
+ Cash Incentive** (CAD) + 750
Total Savings (CAD) = 9,213
** "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: 30,952 CAD
  • Total Vehicle Debt: 44,520 CAD
  • Paid so Far: 12,818 CAD (28% Paid)
  • Remaining Lease Payments: 13,702 CAD
  • Residual Value: 18,000 CAD
  • Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 12,818 CAD Total Vehicle Value: 44,520 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,702 CAD
Term Paid so Far: 12,818 CAD Residual Value: 18,000 CAD
0%
28%
31%
41%
Cost to Own
Already Paid: 12,818 CAD (28%)
Cash Incentive: 750 CAD Buyout Price Today: 30,952 CAD
28% Paid
1%
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: 30,952 CAD

  • 4.9%Interest Rate x 48 months
  • 711 CAD/month + tax
  • Total Payable: 34,147 CAD
  • Total Interest: 3,195 CAD
  • 8.9%Interest Rate x 48 months
  • 769 CAD/month + tax
  • Total Payable: 36,901 CAD
  • Total Interest: 5,949 CAD
  • 14.9%Interest Rate x 48 months
  • 860 CAD/month + tax
  • Total Payable: 41,273 CAD
  • Total Interest: 10,321 CAD

At the end of the Lease Contract

Residual Value: 18,000 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 414 CAD/month + tax
  • Total Payable: 19,858 CAD
  • Total Interest: 1,858 CAD
  • 8.9%Interest Rate x 48 months
  • 447 CAD/month + tax
  • Total Payable: 21,460 CAD
  • Total Interest: 3,460 CAD
  • 14.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 24,002 CAD
  • Total Interest: 6,002 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)
-1,359.08
  • + tax
  • + fuel
  • + insurance
(inlcuding the 750CAD incentive)
Time Analysis
Cost per day: (CAD)
13.74
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 750CAD incentive)
Remaining Km
Can be driven up to:
-7.09
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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