Payment Analysis

373.00CAD/monthin Calgary, AB
    Before Taxes:
  • 373.00 CAD/month
  • 172.15 CAD/bi-weekly
  • 86.08 CAD/week
  • 4,476.00 CAD/year
Incl. Alberta Taxes (5%):
  • 391.65 CAD/month
  • 180.76 CAD/bi-weekly
  • 90.38 CAD/week
  • 4,699.80 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: 1,907 ~ 2,307 CAD

compared to leasing a BRAND NEW:

  • Honda Accord 2.0 Sports Automatic
  • for 12 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 496
This Contract (CAD/month) 373
Monthly Difference 123 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 1,107 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,907 ~ 2,307

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,157 CAD
  • Total Vehicle Debt: 39,480 CAD
  • Paid so Far: 22,323 CAD (56% Paid)
  • Remaining Lease Payments: 3,357 CAD
  • Residual Value: 13,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,323 CAD Total Vehicle Value: 39,480 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 3,300 CAD Remaining Term: 3,357 CAD
Term Paid so Far: 19,023 CAD Residual Value: 13,800 CAD
8%
48%
8%
36%
Cost to Own
Already Paid: 22,323 CAD (56%)
Cash Incentive: 0 CAD Buyout Price Today: 17,157 CAD
56% Paid
0%
44%
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: 17,157 CAD

  • 4.9%Interest Rate x 48 months
  • 394 CAD/month + tax
  • Total Payable: 18,928 CAD
  • Total Interest: 1,771 CAD
  • 8.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,455 CAD
  • Total Interest: 3,298 CAD
  • 14.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,878 CAD
  • Total Interest: 5,721 CAD

At the end of the Lease Contract

Residual Value: 13,800 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,225 CAD
  • Total Interest: 1,425 CAD
  • 8.9%Interest Rate x 48 months
  • 343 CAD/month + tax
  • Total Payable: 16,452 CAD
  • Total Interest: 2,652 CAD
  • 14.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,402 CAD
  • Total Interest: 4,602 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)
4.12
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 22.38CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
12.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,089.74
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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