Payment Analysis

452.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 452.00 CAD/month
  • 208.62 CAD/bi-weekly
  • 104.31 CAD/week
  • 5,424.00 CAD/year
Incl. Ontario Taxes (13%):
  • 510.76 CAD/month
  • 235.74 CAD/bi-weekly
  • 117.87 CAD/week
  • 6,129.12 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: 876 ~ 1,276 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Touring Automatic 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 471
This Contract (CAD/month) 452
Monthly Difference 19 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 76 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 876 ~ 1,276

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,808 CAD
  • Total Vehicle Debt: 44,120 CAD
  • Paid so Far: 29,312 CAD (66% Paid)
  • Remaining Lease Payments: 1,808 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,312 CAD Total Vehicle Value: 44,120 CAD
66% Paid
34%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 1,808 CAD
Term Paid so Far: 25,312 CAD Residual Value: 13,000 CAD
9%
57%
4%
30%
Cost to Own
Already Paid: 29,312 CAD (66%)
Cash Incentive: 0 CAD Buyout Price Today: 14,808 CAD
66% Paid
0%
34%
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: 14,808 CAD

  • 4.9%Interest Rate x 48 months
  • 340 CAD/month + tax
  • Total Payable: 16,337 CAD
  • Total Interest: 1,529 CAD
  • 8.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,654 CAD
  • Total Interest: 2,846 CAD
  • 14.9%Interest Rate x 48 months
  • 411 CAD/month + tax
  • Total Payable: 19,746 CAD
  • Total Interest: 4,938 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
2.29
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 22.60CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
14.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.82CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,552.67
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 664 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 612 CAD/month + tax
  • Original Downpayment: 5,753 CAD
  • Months to End: 39 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,776 km total
  • Available Now: 23,454 km/year (1,954 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details