Payment Analysis
351.56CAD/monthin Halifax, NS
- 351.56 CAD/month
- 162.26 CAD/bi-weekly
- 81.13 CAD/week
- 4,218.72 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 404.29 CAD/month
- 186.60 CAD/bi-weekly
- 93.30 CAD/week
- 4,851.53 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:
882 CAD
compared to leasing a BRAND NEW:
- Honda Accord LX
- for 36 months
- in Nova Scotia
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 393 |
---|---|
This Contract (CAD/month) | 352 |
Monthly Difference | 42 CAD/month |
Remaining Term | x 21 months |
Total Monthly Difference | = 882 CAD |
Total Savings (CAD) | = 882 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
20,212 CAD
- Total Vehicle Debt: 30,353 CAD
- Paid so Far: 10,141 CAD (33% Paid)
- Remaining Lease Payments: 7,383 CAD
- Residual Value: 12,829 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,141 CAD Total Vehicle Value: 30,353 CAD
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 7,383 CAD
Term Paid so Far: 9,141 CAD Residual Value: 12,829 CAD
Cost to Own
Already Paid: 10,141 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 20,212 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: 20,212 CAD
- 4.9%Interest Rate x 48 months
- 465 CAD/month + tax
- Total Payable: 22,299 CAD
- Total Interest: 2,087 CAD
- 8.9%Interest Rate x 48 months
- 502 CAD/month + tax
- Total Payable: 24,097 CAD
- Total Interest: 3,885 CAD
- 14.9%Interest Rate x 48 months
- 561 CAD/month + tax
- Total Payable: 26,952 CAD
- Total Interest: 6,740 CAD
At the end of the Lease Contract
Residual Value: 12,829 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 295 CAD/month + tax
- Total Payable: 14,154 CAD
- Total Interest: 1,324 CAD
- 8.9%Interest Rate x 48 months
- 319 CAD/month + tax
- Total Payable: 15,295 CAD
- Total Interest: 2,466 CAD
- 14.9%Interest Rate x 48 months
- 356 CAD/month + tax
- Total Payable: 17,107 CAD
- Total Interest: 4,278 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)
9.60
- + tax
- + fuel
- + insurance
- 17.58CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
11.56
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
844.91
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jul, 2018)