Payment Analysis
400.00CAD/monthin Toronto, ON
- 400.00 CAD/month
- 184.62 CAD/bi-weekly
- 92.31 CAD/week
- 4,800.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 452.00 CAD/month
- 208.62 CAD/bi-weekly
- 104.31 CAD/week
- 5,424.00 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:
1,560 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan Sport
- for 42 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 530 |
|---|---|
| This Contract (CAD/month) | 400 |
| Monthly Difference | 130 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = 1,560 CAD |
| Total Savings (CAD) | = 1,560 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
16,800 CAD
- Total Vehicle Debt: 36,000 CAD
- Paid so Far: 19,200 CAD (53% Paid)
- Remaining Lease Payments: 4,800 CAD
- Residual Value: 12,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,200 CAD Total Vehicle Value: 36,000 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,800 CAD
Term Paid so Far: 19,200 CAD Residual Value: 12,000 CAD
Cost to Own
Already Paid: 19,200 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 16,800 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: 16,800 CAD
- 4.9%Interest Rate x 48 months
- 386 CAD/month + tax
- Total Payable: 18,534 CAD
- Total Interest: 1,734 CAD
- 8.9%Interest Rate x 48 months
- 417 CAD/month + tax
- Total Payable: 20,029 CAD
- Total Interest: 3,229 CAD
- 14.9%Interest Rate x 48 months
- 467 CAD/month + tax
- Total Payable: 22,402 CAD
- Total Interest: 5,602 CAD
At the end of the Lease Contract
Residual Value: 12,000 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 276 CAD/month + tax
- Total Payable: 13,239 CAD
- Total Interest: 1,239 CAD
- 8.9%Interest Rate x 48 months
- 298 CAD/month + tax
- Total Payable: 14,306 CAD
- Total Interest: 2,306 CAD
- 14.9%Interest Rate x 48 months
- 333 CAD/month + tax
- Total Payable: 16,001 CAD
- Total Interest: 4,001 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)
5.78
- + tax
- + fuel
- + insurance
- 24.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
13.15
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,596.15
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
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