Payment Analysis
423.12CAD/monthin Ottawa, ON
- 423.12 CAD/month
- 195.29 CAD/bi-weekly
- 97.64 CAD/week
- 5,077.44 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 478.13 CAD/month
- 220.67 CAD/bi-weekly
- 110.34 CAD/week
- 5,737.51 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:
3,261 ~ 4,561 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan SPORT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 584 |
|---|---|
| This Contract (CAD/month) | 423 |
| Monthly Difference | 161 CAD/month |
| Remaining Term | x 1 months |
| Total Monthly Difference | = 161 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,261 ~ 4,561 |
| ** "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:
14,099 CAD
- Total Vehicle Debt: 35,486 CAD
- Paid so Far: 19,887 CAD (56% Paid)
- Remaining Lease Payments: 423 CAD
- Residual Value: 15,176 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 19,887 CAD Total Vehicle Value: 35,486 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 423 CAD
Term Paid so Far: 19,887 CAD Residual Value: 15,176 CAD
Cost to Own
Already Paid: 19,887 CAD (56%)
Cash Incentive: 1,500 CAD Buyout Price Today: 14,099 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: 14,099 CAD
- 4.9%Interest Rate x 48 months
- 324 CAD/month + tax
- Total Payable: 15,555 CAD
- Total Interest: 1,456 CAD
- 8.9%Interest Rate x 48 months
- 350 CAD/month + tax
- Total Payable: 16,809 CAD
- Total Interest: 2,710 CAD
- 14.9%Interest Rate x 48 months
- 392 CAD/month + tax
- Total Payable: 18,801 CAD
- Total Interest: 4,701 CAD
At the end of the Lease Contract
Residual Value: 15,176 CAD (in 1 months)
- 4.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,743 CAD
- Total Interest: 1,567 CAD
- 8.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,093 CAD
- Total Interest: 2,917 CAD
- 14.9%Interest Rate x 48 months
- 422 CAD/month + tax
- Total Payable: 20,237 CAD
- Total Interest: 5,060 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)
-1.62
- + tax
- + fuel
- + insurance
- 0.64CAD/100km (TODAY without the Cash Incentive)
- 25.39CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
-35.40
- + tax
- + insurance
- + km driven & fuel
- 13.91CAD/day (Original Contract back in Jun, 2020)
Remaining Km
Can be driven up to:
15,346.15
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jun, 2020)
Seller Contact Info
This Contract was Already Transferred.
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