This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,000 cash
Honda Lease Takeover in Ottawa: 2020 Honda Accord Sport 1.5T CVT 2WD ID:#29139
SAVE ~4,600 CAD
CAD/month x 18 months
2020 Honda Accord Sport 1.5T (ID: #29139)
505
Ottawa, ONCarFax Canada Accident Report
2020 Honda

Accord Sport 1.5T CVT 2WD Comes with winter tires

View CarFax Canada Report

  • Winter Tires Included
Payment Details
  • Current Payment: 505 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 449 CAD/month + tax
  • Residual Value: 18,528 CAD
  • Months to End: 18 months (Jun, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 9,500 km total
  • Available Now: 27,000 km/year (2,250 per month)
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • High End Vehicle & Options
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

505.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 505.00 CAD/month
  • 233.08 CAD/bi-weekly
  • 116.54 CAD/week
  • 6,060.00 CAD/year
Incl. Ontario Taxes (13%):
  • 570.65 CAD/month
  • 263.38 CAD/bi-weekly
  • 131.69 CAD/week
  • 6,847.80 CAD/year

Estimate Insurance Costs

 

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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: 4,356 ~ 4,756 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan SPORT
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 647
This Contract (CAD/month) 505
Monthly Difference 142 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 2,556 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,356 ~ 4,756
** "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: 26,618 CAD
  • Total Vehicle Debt: 33,678 CAD
  • Paid so Far: 6,060 CAD (17% Paid)
  • Remaining Lease Payments: 9,090 CAD
  • Residual Value: 18,528 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 6,060 CAD Total Vehicle Value: 33,678 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,090 CAD
Term Paid so Far: 6,060 CAD Residual Value: 18,528 CAD
0%
17%
27%
56%
Cost to Own
Already Paid: 6,060 CAD (17%)
Cash Incentive: 1,000 CAD Buyout Price Today: 26,618 CAD
17% Paid
3%
80%
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: 26,618 CAD

  • 4.9%Interest Rate x 48 months
  • 612 CAD/month + tax
  • Total Payable: 29,366 CAD
  • Total Interest: 2,748 CAD
  • 8.9%Interest Rate x 48 months
  • 661 CAD/month + tax
  • Total Payable: 31,734 CAD
  • Total Interest: 5,116 CAD
  • 14.9%Interest Rate x 48 months
  • 739 CAD/month + tax
  • Total Payable: 35,493 CAD
  • Total Interest: 8,876 CAD

At the end of the Lease Contract

Residual Value: 18,528 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,440 CAD
  • Total Interest: 1,913 CAD
  • 8.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,089 CAD
  • Total Interest: 3,561 CAD
  • 14.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,706 CAD
  • Total Interest: 6,178 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)
19.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 22.44CAD/100km (TODAY without the Cash Incentive)
  • 30.30CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
14.78
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.60CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
519.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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