Payment Analysis
505.00CAD/monthin Ottawa, ON
- 505.00 CAD/month
- 233.08 CAD/bi-weekly
- 116.54 CAD/week
- 6,060.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 570.65 CAD/month
- 263.38 CAD/bi-weekly
- 131.69 CAD/week
- 6,847.80 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:
3,220 ~ 3,620 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan SPORT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 647 |
|---|---|
| This Contract (CAD/month) | 505 |
| Monthly Difference | 142 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 1,420 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 3,220 ~ 3,620 |
| ** "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:
22,578 CAD
- Total Vehicle Debt: 33,678 CAD
- Paid so Far: 10,100 CAD (29% Paid)
- Remaining Lease Payments: 5,050 CAD
- Residual Value: 18,528 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 10,100 CAD Total Vehicle Value: 33,678 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,050 CAD
Term Paid so Far: 10,100 CAD Residual Value: 18,528 CAD
Cost to Own
Already Paid: 10,100 CAD (29%)
Cash Incentive: 1,000 CAD Buyout Price Today: 22,578 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: 22,578 CAD
- 4.9%Interest Rate x 48 months
- 519 CAD/month + tax
- Total Payable: 24,909 CAD
- Total Interest: 2,331 CAD
- 8.9%Interest Rate x 48 months
- 561 CAD/month + tax
- Total Payable: 26,917 CAD
- Total Interest: 4,340 CAD
- 14.9%Interest Rate x 48 months
- 627 CAD/month + tax
- Total Payable: 30,106 CAD
- Total Interest: 7,528 CAD
At the end of the Lease Contract
Residual Value: 18,528 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 426 CAD/month + tax
- Total Payable: 20,440 CAD
- Total Interest: 1,913 CAD
- 8.9%Interest Rate x 48 months
- 460 CAD/month + tax
- Total Payable: 22,089 CAD
- Total Interest: 3,561 CAD
- 14.9%Interest Rate x 48 months
- 515 CAD/month + tax
- Total Payable: 24,706 CAD
- Total Interest: 6,178 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)
10.00
- + tax
- + fuel
- + insurance
- 12.47CAD/100km (TODAY without the Cash Incentive)
- 30.30CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
13.32
- + tax
- + insurance
- + km driven & fuel
- 16.60CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
934.62
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Dec, 2020)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Ottawa
+ 2,000 cash
2023 Tesla
model 3 RWD Automatique 2WD
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
