Payment Analysis

323.00CAD/monthin Calgary, AB
    Before Taxes:
  • 323.00 CAD/month
  • 149.08 CAD/bi-weekly
  • 74.54 CAD/week
  • 3,876.00 CAD/year
Incl. Alberta Taxes (5%):
  • 339.15 CAD/month
  • 156.53 CAD/bi-weekly
  • 78.27 CAD/week
  • 4,069.80 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: 855 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan Sport
  • for 36 months
  • in Alberta
  • $0 down payment
  • 23,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 418
This Contract (CAD/month) 323
Monthly Difference 95 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 855 CAD
Total Savings (CAD) = 855

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,907 CAD
  • Total Vehicle Debt: 38,380 CAD
  • Paid so Far: 16,473 CAD (42% Paid)
  • Remaining Lease Payments: 2,907 CAD
  • Residual Value: 19,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,473 CAD Total Vehicle Value: 38,380 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,907 CAD
Term Paid so Far: 16,473 CAD Residual Value: 19,000 CAD
0%
42%
7%
51%
Cost to Own
Already Paid: 16,473 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 21,907 CAD
42% Paid
0%
58%
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: 21,907 CAD

  • 4.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,169 CAD
  • Total Interest: 2,262 CAD
  • 8.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,118 CAD
  • Total Interest: 4,211 CAD
  • 14.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,212 CAD
  • Total Interest: 7,305 CAD

At the end of the Lease Contract

Residual Value: 19,000 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,961 CAD
  • Total Interest: 1,961 CAD
  • 8.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,652 CAD
  • Total Interest: 3,652 CAD
  • 14.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,335 CAD
  • Total Interest: 6,335 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)
4.13
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 19.38CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
10.62
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,805.44
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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