Payment Analysis
561.00CAD/monthin Regina, SK
- 561.00 CAD/month
- 258.92 CAD/bi-weekly
- 129.46 CAD/week
- 6,732.00 CAD/year
Before Taxes:
Incl. Saskatchewan Taxes (11%):
- 622.71 CAD/month
- 287.40 CAD/bi-weekly
- 143.70 CAD/week
- 7,472.52 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:
4,122 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan TOURING 2.0
- for 24 months
- in SK
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 842 |
|---|---|
| This Contract (CAD/month) | 561 |
| Monthly Difference | 281 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = 3,372 CAD |
| + Cash Incentive** (CAD) | + 750 |
| Total Savings (CAD) | = 4,122 |
| ** "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:
24,538 CAD
- Total Vehicle Debt: 44,923 CAD
- Paid so Far: 19,635 CAD (43% Paid)
- Remaining Lease Payments: 6,732 CAD
- Residual Value: 18,556 CAD
- Cash Incentive: 750 CAD
Vehicle Debt & Value
Paid so far: 19,635 CAD Total Vehicle Value: 44,923 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,732 CAD
Term Paid so Far: 19,635 CAD Residual Value: 18,556 CAD
Cost to Own
Already Paid: 19,635 CAD (43%)
Cash Incentive: 750 CAD Buyout Price Today: 24,538 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: 24,538 CAD
- 4.9%Interest Rate x 48 months
- 564 CAD/month + tax
- Total Payable: 27,071 CAD
- Total Interest: 2,533 CAD
- 8.9%Interest Rate x 48 months
- 609 CAD/month + tax
- Total Payable: 29,254 CAD
- Total Interest: 4,716 CAD
- 14.9%Interest Rate x 48 months
- 682 CAD/month + tax
- Total Payable: 32,720 CAD
- Total Interest: 8,182 CAD
At the end of the Lease Contract
Residual Value: 18,556 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 426 CAD/month + tax
- Total Payable: 20,471 CAD
- Total Interest: 1,916 CAD
- 8.9%Interest Rate x 48 months
- 461 CAD/month + tax
- Total Payable: 22,122 CAD
- Total Interest: 3,566 CAD
- 14.9%Interest Rate x 48 months
- 515 CAD/month + tax
- Total Payable: 24,743 CAD
- Total Interest: 6,187 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)
12.25
- + tax
- + fuel
- + insurance
- 13.78CAD/100km (TODAY without the Cash Incentive)
- 33.66CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
16.39
- + tax
- + insurance
- + km driven & fuel
- 18.44CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
939.18
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
