Payment Analysis

500.41CAD/monthin Surrey, BC
    Before Taxes:
  • 500.41 CAD/month
  • 230.96 CAD/bi-weekly
  • 115.48 CAD/week
  • 6,004.92 CAD/year
Incl. B.C. Taxes (12%):
  • 560.46 CAD/month
  • 258.67 CAD/bi-weekly
  • 129.34 CAD/week
  • 6,725.51 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: 4,149 ~ 5,049 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Touring 2.0T CVT 2WD
  • for 30 months
  • in BC
  • $0 down payment
  • 30,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 761
This Contract (CAD/month) 500
Monthly Difference 261 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,349 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,149 ~ 5,049
** "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: 19,060 CAD
  • Total Vehicle Debt: 45,581 CAD
  • Paid so Far: 25,521 CAD (55% Paid)
  • Remaining Lease Payments: 4,504 CAD
  • Residual Value: 15,556 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 25,521 CAD Total Vehicle Value: 45,581 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,504 CAD
Term Paid so Far: 25,521 CAD Residual Value: 15,556 CAD
0%
55%
10%
35%
Cost to Own
Already Paid: 25,521 CAD (55%)
Cash Incentive: 1,000 CAD Buyout Price Today: 19,060 CAD
55% Paid
2%
43%
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: 19,060 CAD

  • 4.9%Interest Rate x 48 months
  • 438 CAD/month + tax
  • Total Payable: 21,027 CAD
  • Total Interest: 1,968 CAD
  • 8.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,723 CAD
  • Total Interest: 3,663 CAD
  • 14.9%Interest Rate x 48 months
  • 529 CAD/month + tax
  • Total Payable: 25,415 CAD
  • Total Interest: 6,355 CAD

At the end of the Lease Contract

Residual Value: 15,556 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,162 CAD
  • Total Interest: 1,606 CAD
  • 8.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,546 CAD
  • Total Interest: 2,990 CAD
  • 14.9%Interest Rate x 48 months
  • 432 CAD/month + tax
  • Total Payable: 20,743 CAD
  • Total Interest: 5,187 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)
4.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 5.85CAD/100km (TODAY without the Cash Incentive)
  • 30.02CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
12.80
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.45CAD/day (Original Contract back in Jul, 2018)
Remaining Km
Can be driven up to:
1,974.36
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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