Payment Analysis
359.47CAD/monthin London, ON
- 359.47 CAD/month
- 165.91 CAD/bi-weekly
- 82.95 CAD/week
- 4,313.64 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 406.20 CAD/month
- 187.48 CAD/bi-weekly
- 93.74 CAD/week
- 4,874.41 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:
1,288 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan Sport 2.0 2WD
- for 36 months
- in Ontario
- $0 down payment
- 22,000 km/year
Leasing New (CAD/month) | 503 |
---|---|
This Contract (CAD/month) | 359 |
Monthly Difference | 144 CAD/month |
Remaining Term | x 2 months |
Total Monthly Difference | = 288 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
Total Savings (CAD) | = 1,288 |
** "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:
13,574 CAD
- Total Vehicle Debt: 33,929 CAD
- Paid so Far: 19,355 CAD (57% Paid)
- Remaining Lease Payments: 719 CAD
- Residual Value: 13,855 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 19,355 CAD Total Vehicle Value: 33,929 CAD
Vehicle Debt Breakdown
Downpayment: 663 CAD Remaining Term: 719 CAD
Term Paid so Far: 18,692 CAD Residual Value: 13,855 CAD
Cost to Own
Already Paid: 19,355 CAD (57%)
Cash Incentive: 1,000 CAD Buyout Price Today: 13,574 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: 13,574 CAD
- 4.9%Interest Rate x 48 months
- 312 CAD/month + tax
- Total Payable: 14,975 CAD
- Total Interest: 1,401 CAD
- 8.9%Interest Rate x 48 months
- 337 CAD/month + tax
- Total Payable: 16,183 CAD
- Total Interest: 2,609 CAD
- 14.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,100 CAD
- Total Interest: 4,526 CAD
At the end of the Lease Contract
Residual Value: 13,855 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 318 CAD/month + tax
- Total Payable: 15,285 CAD
- Total Interest: 1,430 CAD
- 8.9%Interest Rate x 48 months
- 344 CAD/month + tax
- Total Payable: 16,518 CAD
- Total Interest: 2,663 CAD
- 14.9%Interest Rate x 48 months
- 385 CAD/month + tax
- Total Payable: 18,475 CAD
- Total Interest: 4,620 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)
-0.35
- + tax
- + fuel
- + insurance
- 0.90CAD/100km (TODAY without the Cash Incentive)
- 21.57CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
-4.62
- + tax
- + insurance
- + km driven & fuel
- 11.82CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
9,253.85
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2019)
Seller Contact Info
This Contract was Already Transferred.
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