Payment Analysis
440.00CAD/monthin Brampton, ON
- 440.00 CAD/month
- 203.08 CAD/bi-weekly
- 101.54 CAD/week
- 5,280.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 497.20 CAD/month
- 229.48 CAD/bi-weekly
- 114.74 CAD/week
- 5,966.40 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:
1,862 ~ 2,762 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan TOURING 2WD
- for 42 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 558 |
|---|---|
| This Contract (CAD/month) | 440 |
| Monthly Difference | 118 CAD/month |
| Remaining Term | x 9 months |
| Total Monthly Difference | = 1,062 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,862 ~ 2,762 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
17,960 CAD
- Total Vehicle Debt: 36,620 CAD
- Paid so Far: 18,660 CAD (50% Paid)
- Remaining Lease Payments: 3,960 CAD
- Residual Value: 14,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,660 CAD Total Vehicle Value: 36,620 CAD
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 3,960 CAD
Term Paid so Far: 17,160 CAD Residual Value: 14,000 CAD
Cost to Own
Already Paid: 18,660 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 17,960 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: 17,960 CAD
- 4.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,814 CAD
- Total Interest: 1,854 CAD
- 8.9%Interest Rate x 48 months
- 446 CAD/month + tax
- Total Payable: 21,412 CAD
- Total Interest: 3,452 CAD
- 14.9%Interest Rate x 48 months
- 499 CAD/month + tax
- Total Payable: 23,949 CAD
- Total Interest: 5,989 CAD
At the end of the Lease Contract
Residual Value: 14,000 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,445 CAD
- Total Interest: 1,445 CAD
- 8.9%Interest Rate x 48 months
- 348 CAD/month + tax
- Total Payable: 16,691 CAD
- Total Interest: 2,691 CAD
- 14.9%Interest Rate x 48 months
- 389 CAD/month + tax
- Total Payable: 18,668 CAD
- Total Interest: 4,668 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)
4.35
- + tax
- + fuel
- + insurance
- 22.00CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
14.47
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,333.33
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Mar, 2021)
Seller Contact Info
This Contract was Already Transferred.
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