Payment Analysis

421.24CAD/monthin Courtenay, BC
    Before Taxes:
  • 421.24 CAD/month
  • 194.42 CAD/bi-weekly
  • 97.21 CAD/week
  • 5,054.88 CAD/year
Incl. B.C. Taxes (12%):
  • 471.79 CAD/month
  • 217.75 CAD/bi-weekly
  • 108.87 CAD/week
  • 5,661.47 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: 5,044 CAD

compared to leasing a BRAND NEW:

  • Honda Accord EX-L
  • for 36 months
  • in B.C.
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 521
This Contract (CAD/month) 421
Monthly Difference 100 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 4,200 CAD
+ Cash Incentive** (CAD) + 844
Total Savings (CAD) = 5,044
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,919 CAD
  • Total Vehicle Debt: 38,345 CAD
  • Paid so Far: 7,582 CAD (19% Paid)
  • Remaining Lease Payments: 17,692 CAD
  • Residual Value: 13,071 CAD
  • Cash Incentive: 844 CAD
Vehicle Debt & Value
Paid so far: 7,582 CAD Total Vehicle Value: 38,345 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,692 CAD
Term Paid so Far: 7,582 CAD Residual Value: 13,071 CAD
0%
19%
46%
35%
Cost to Own
Already Paid: 7,582 CAD (19%)
Cash Incentive: 844 CAD Buyout Price Today: 29,919 CAD
19% Paid
2%
79%
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: 29,919 CAD

  • 4.9%Interest Rate x 48 months
  • 688 CAD/month + tax
  • Total Payable: 33,007 CAD
  • Total Interest: 3,089 CAD
  • 8.9%Interest Rate x 48 months
  • 743 CAD/month + tax
  • Total Payable: 35,669 CAD
  • Total Interest: 5,751 CAD
  • 14.9%Interest Rate x 48 months
  • 831 CAD/month + tax
  • Total Payable: 39,895 CAD
  • Total Interest: 9,976 CAD

At the end of the Lease Contract

Residual Value: 13,071 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,420 CAD
  • Total Interest: 1,349 CAD
  • 8.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,583 CAD
  • Total Interest: 2,512 CAD
  • 14.9%Interest Rate x 48 months
  • 363 CAD/month + tax
  • Total Payable: 17,429 CAD
  • Total Interest: 4,358 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)
33.73
  • + tax
  • + fuel
  • + insurance
(inlcuding the 844CAD incentive)
Time Analysis
Cost per day: (CAD)
13.19
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 844CAD incentive)
Remaining Km
Can be driven up to:
274.47
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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