Payment Analysis
381.00CAD/monthin Halifax, NS
- 381.00 CAD/month
- 175.85 CAD/bi-weekly
- 87.92 CAD/week
- 4,572.00 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 438.15 CAD/month
- 202.22 CAD/bi-weekly
- 101.11 CAD/week
- 5,257.80 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:
2,816 ~ 3,216 CAD
compared to leasing a BRAND NEW:
- Honda Accord Touring
- for 42 months
- in Nova Scotia
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 477 |
---|---|
This Contract (CAD/month) | 381 |
Monthly Difference | 96 CAD/month |
Remaining Term | x 21 months |
Total Monthly Difference | = 2,016 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 2,816 ~ 3,216 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
20,001 CAD
- Total Vehicle Debt: 34,860 CAD
- Paid so Far: 14,859 CAD (42% Paid)
- Remaining Lease Payments: 8,001 CAD
- Residual Value: 12,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,859 CAD Total Vehicle Value: 34,860 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,001 CAD
Term Paid so Far: 14,859 CAD Residual Value: 12,000 CAD
Cost to Own
Already Paid: 14,859 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 20,001 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: 20,001 CAD
- 4.9%Interest Rate x 48 months
- 460 CAD/month + tax
- Total Payable: 22,066 CAD
- Total Interest: 2,065 CAD
- 8.9%Interest Rate x 48 months
- 497 CAD/month + tax
- Total Payable: 23,845 CAD
- Total Interest: 3,844 CAD
- 14.9%Interest Rate x 48 months
- 556 CAD/month + tax
- Total Payable: 26,670 CAD
- Total Interest: 6,669 CAD
At the end of the Lease Contract
Residual Value: 12,000 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 276 CAD/month + tax
- Total Payable: 13,239 CAD
- Total Interest: 1,239 CAD
- 8.9%Interest Rate x 48 months
- 298 CAD/month + tax
- Total Payable: 14,306 CAD
- Total Interest: 2,306 CAD
- 14.9%Interest Rate x 48 months
- 333 CAD/month + tax
- Total Payable: 16,001 CAD
- Total Interest: 4,001 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)
8.08
- + tax
- + fuel
- + insurance
- 19.05CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
12.53
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,087.91
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jul, 2017)