Payment Analysis

489.32CAD/monthin Waterloo, ON
    Before Taxes:
  • 489.32 CAD/month
  • 225.84 CAD/bi-weekly
  • 112.92 CAD/week
  • 5,871.84 CAD/year
Incl. Ontario Taxes (13%):
  • 552.93 CAD/month
  • 255.20 CAD/bi-weekly
  • 127.60 CAD/week
  • 6,635.18 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: 9,720 ~ 11,020 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan SPORT 2WD/li>
  • for 24 months
  • in Ontario
  • $0 down payment
  • 31,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 721
This Contract (CAD/month) 489
Monthly Difference 232 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 8,120 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,720 ~ 11,020

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,926 CAD
  • Total Vehicle Debt: 39,287 CAD
  • Paid so Far: 6,361 CAD (16% Paid)
  • Remaining Lease Payments: 17,126 CAD
  • Residual Value: 15,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,361 CAD Total Vehicle Value: 39,287 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,126 CAD
Term Paid so Far: 6,361 CAD Residual Value: 15,800 CAD
0%
16%
43%
41%
Cost to Own
Already Paid: 6,361 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 32,926 CAD
16% Paid
0%
84%
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: 32,926 CAD

  • 4.9%Interest Rate x 48 months
  • 757 CAD/month + tax
  • Total Payable: 36,325 CAD
  • Total Interest: 3,399 CAD
  • 8.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,255 CAD
  • Total Interest: 6,329 CAD
  • 14.9%Interest Rate x 48 months
  • 915 CAD/month + tax
  • Total Payable: 43,905 CAD
  • Total Interest: 10,979 CAD

At the end of the Lease Contract

Residual Value: 15,800 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,431 CAD
  • Total Interest: 1,631 CAD
  • 8.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,837 CAD
  • Total Interest: 3,037 CAD
  • 14.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,068 CAD
  • Total Interest: 5,268 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)
29.53
  • + tax
  • + fuel
  • + insurance
(or 0.30CAD per km)
Time Analysis
Cost per day: (CAD)
16.09
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
382.42
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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