Payment Analysis
349.36CAD/monthin Gatineau-Ottawa, QC
- 349.36 CAD/month
- 161.24 CAD/bi-weekly
- 80.62 CAD/week
- 4,192.32 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 401.69 CAD/month
- 185.40 CAD/bi-weekly
- 92.70 CAD/week
- 4,820.33 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:
5,860 ~ 7,160 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan LX
- for 36 months
- in Québec
- $0 down payment
- 30,000 km/year
| Leasing New (CAD/month) | 512 |
|---|---|
| This Contract (CAD/month) | 349 |
| Monthly Difference | 163 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 3,260 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,860 ~ 7,160 |
| ** "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:
18,673 CAD
- Total Vehicle Debt: 29,455 CAD
- Paid so Far: 9,782 CAD (33% Paid)
- Remaining Lease Payments: 6,987 CAD
- Residual Value: 12,686 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 9,782 CAD Total Vehicle Value: 29,455 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,987 CAD
Term Paid so Far: 9,782 CAD Residual Value: 12,686 CAD
Cost to Own
Already Paid: 9,782 CAD (33%)
Cash Incentive: 1,000 CAD Buyout Price Today: 18,673 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: 18,673 CAD
- 4.9%Interest Rate x 48 months
- 429 CAD/month + tax
- Total Payable: 20,600 CAD
- Total Interest: 1,928 CAD
- 8.9%Interest Rate x 48 months
- 464 CAD/month + tax
- Total Payable: 22,262 CAD
- Total Interest: 3,589 CAD
- 14.9%Interest Rate x 48 months
- 519 CAD/month + tax
- Total Payable: 24,899 CAD
- Total Interest: 6,226 CAD
At the end of the Lease Contract
Residual Value: 12,686 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 292 CAD/month + tax
- Total Payable: 13,995 CAD
- Total Interest: 1,310 CAD
- 8.9%Interest Rate x 48 months
- 315 CAD/month + tax
- Total Payable: 15,124 CAD
- Total Interest: 2,438 CAD
- 14.9%Interest Rate x 48 months
- 352 CAD/month + tax
- Total Payable: 16,915 CAD
- Total Interest: 4,230 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)
6.92
- + tax
- + fuel
- + insurance
- 8.08CAD/100km (TODAY without the Cash Incentive)
- 17.47CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
9.84
- + tax
- + insurance
- + km driven & fuel
- 11.49CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
998.31
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Oct, 2019)
