Payment Analysis

527.38CAD/monthin Vancouver, BC
    Before Taxes:
  • 527.38 CAD/month
  • 243.41 CAD/bi-weekly
  • 121.70 CAD/week
  • 6,328.56 CAD/year
Incl. B.C. Taxes (12%):
  • 590.67 CAD/month
  • 272.61 CAD/bi-weekly
  • 136.31 CAD/week
  • 7,087.99 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: 774 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan TOURING
  • for 48 months
  • in B.C.
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 656
This Contract (CAD/month) 527
Monthly Difference 129 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 774 CAD
Total Savings (CAD) = 774

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,164 CAD
  • Total Vehicle Debt: 44,643 CAD
  • Paid so Far: 28,479 CAD (63% Paid)
  • Remaining Lease Payments: 3,164 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,479 CAD Total Vehicle Value: 44,643 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,164 CAD
Term Paid so Far: 28,479 CAD Residual Value: 13,000 CAD
0%
63%
7%
30%
Cost to Own
Already Paid: 28,479 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 16,164 CAD
63% Paid
0%
37%
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: 16,164 CAD

  • 4.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,833 CAD
  • Total Interest: 1,669 CAD
  • 8.9%Interest Rate x 48 months
  • 401 CAD/month + tax
  • Total Payable: 19,271 CAD
  • Total Interest: 3,107 CAD
  • 14.9%Interest Rate x 48 months
  • 449 CAD/month + tax
  • Total Payable: 21,554 CAD
  • Total Interest: 5,390 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
3.05
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 26.37CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
17.34
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,984.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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