Payment Analysis

413.72CAD/monthin London, ON
    Before Taxes:
  • 413.72 CAD/month
  • 190.95 CAD/bi-weekly
  • 95.47 CAD/week
  • 4,964.64 CAD/year
Incl. Ontario Taxes (13%):
  • 467.50 CAD/month
  • 215.77 CAD/bi-weekly
  • 107.89 CAD/week
  • 5,610.04 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: 2,770 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Touring 1.5T CVT 2WD
  • for 30 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 690
This Contract (CAD/month) 414
Monthly Difference 277 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 2,770 CAD
Total Savings (CAD) = 2,770

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,147 CAD
  • Total Vehicle Debt: 38,638 CAD
  • Paid so Far: 17,491 CAD (45% Paid)
  • Remaining Lease Payments: 4,137 CAD
  • Residual Value: 17,009 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,491 CAD Total Vehicle Value: 38,638 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 1,770 CAD Remaining Term: 4,137 CAD
Term Paid so Far: 15,721 CAD Residual Value: 17,009 CAD
4%
41%
10%
45%
Cost to Own
Already Paid: 17,491 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 21,147 CAD
45% Paid
0%
55%
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: 21,147 CAD

  • 4.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,330 CAD
  • Total Interest: 2,183 CAD
  • 8.9%Interest Rate x 48 months
  • 525 CAD/month + tax
  • Total Payable: 25,211 CAD
  • Total Interest: 4,064 CAD
  • 14.9%Interest Rate x 48 months
  • 587 CAD/month + tax
  • Total Payable: 28,198 CAD
  • Total Interest: 7,051 CAD

At the end of the Lease Contract

Residual Value: 17,009 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,765 CAD
  • Total Interest: 1,756 CAD
  • 8.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,279 CAD
  • Total Interest: 3,269 CAD
  • 14.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,681 CAD
  • Total Interest: 5,672 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)
5.87
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 24.82CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
13.60
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,626.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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