This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
No Photo Available
Transfer Details
SAVE ~2,300 CAD
CAD/month x 8 months
Transferred/Sold
2020 Honda LX (ID: #38424)
396
Markham, ON
2020 Honda
LX CVT 2WD
Payment Details
- Current Payment: 396 CAD/month + tax
- Original Downpayment: 885 CAD
- Residual Value: 9,240 CAD
- Months to End: 8 months (Sep, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 10,900 km total
- Available Now: 131,150 km/year (10,929 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.12 CAD/km
Deal Special Perks
Payment Analysis
396.46CAD/monthin Markham, ON
- 396.46 CAD/month
- 182.98 CAD/bi-weekly
- 91.49 CAD/week
- 4,757.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 448.00 CAD/month
- 206.77 CAD/bi-weekly
- 103.38 CAD/week
- 5,376.00 CAD/year
Estimate Insurance Costs
Avoid surprises and lock your insurance offer now! Quote how much you will have to pay and get the best insurance company to bid for your contract.
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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:
1,600 ~ 2,900 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 12 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 396 |
|---|---|
| This Contract (CAD/month) | 396 |
| Monthly Difference | 0 CAD/month |
| Remaining Term | x 8 months |
| Total Monthly Difference | = 0 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,600 ~ 2,900 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,412 CAD
- Total Vehicle Debt: 33,516 CAD
- Paid so Far: 21,104 CAD (62% Paid)
- Remaining Lease Payments: 3,172 CAD
- Residual Value: 9,240 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,104 CAD Total Vehicle Value: 33,516 CAD
Vehicle Debt Breakdown
Downpayment: 885 CAD Remaining Term: 3,172 CAD
Term Paid so Far: 20,219 CAD Residual Value: 9,240 CAD
Cost to Own
Already Paid: 21,104 CAD (62%)
Cash Incentive: 0 CAD Buyout Price Today: 12,412 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: 12,412 CAD
- 4.9%Interest Rate x 48 months
- 285 CAD/month + tax
- Total Payable: 13,693 CAD
- Total Interest: 1,281 CAD
- 8.9%Interest Rate x 48 months
- 308 CAD/month + tax
- Total Payable: 14,797 CAD
- Total Interest: 2,386 CAD
- 14.9%Interest Rate x 48 months
- 345 CAD/month + tax
- Total Payable: 16,550 CAD
- Total Interest: 4,139 CAD
At the end of the Lease Contract
Residual Value: 9,240 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 212 CAD/month + tax
- Total Payable: 10,194 CAD
- Total Interest: 954 CAD
- 8.9%Interest Rate x 48 months
- 229 CAD/month + tax
- Total Payable: 11,016 CAD
- Total Interest: 1,776 CAD
- 14.9%Interest Rate x 48 months
- 257 CAD/month + tax
- Total Payable: 12,321 CAD
- Total Interest: 3,081 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)
3.63
- + tax
- + fuel
- + insurance
- 23.79CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
13.03
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,522.12
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2020)
Seller Contact Info
This Contract was Already Transferred.
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