Payment Analysis
1,533.38CAD/monthin London, ON
- 1,533.38 CAD/month
- 707.71 CAD/bi-weekly
- 353.86 CAD/week
- 18,400.56 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,732.72 CAD/month
- 799.72 CAD/bi-weekly
- 399.86 CAD/week
- 20,792.63 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:
-41,760 CAD
compared to leasing a BRAND NEW:
- Honda Accord Sedan Sport 2.0 2WD
- for 36 months
- in Ontario
- $0 down payment
- 22,000 km/year
Leasing New (CAD/month) | 503 |
---|---|
This Contract (CAD/month) | 1,533 |
Monthly Difference | -1,030 CAD/month |
Remaining Term | x 42 months |
Total Monthly Difference | = -43,260 CAD |
+ Cash Incentive** (CAD) | + 1,500 |
Total Savings (CAD) | = -41,760 |
** "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:
102,720 CAD
- Total Vehicle Debt: 131,821 CAD
- Paid so Far: 27,601 CAD (20% Paid)
- Remaining Lease Payments: 64,402 CAD
- Residual Value: 39,818 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 27,601 CAD Total Vehicle Value: 131,821 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 64,402 CAD
Term Paid so Far: 27,601 CAD Residual Value: 39,818 CAD
Cost to Own
Already Paid: 27,601 CAD (20%)
Cash Incentive: 1,500 CAD Buyout Price Today: 102,720 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: 102,720 CAD
- 4.9%Interest Rate x 48 months
- 2,361 CAD/month + tax
- Total Payable: 113,324 CAD
- Total Interest: 10,604 CAD
- 8.9%Interest Rate x 48 months
- 2,551 CAD/month + tax
- Total Payable: 122,463 CAD
- Total Interest: 19,743 CAD
- 14.9%Interest Rate x 48 months
- 2,854 CAD/month + tax
- Total Payable: 136,971 CAD
- Total Interest: 34,251 CAD
At the end of the Lease Contract
Residual Value: 39,818 CAD (in 42 months)
- 4.9%Interest Rate x 48 months
- 915 CAD/month + tax
- Total Payable: 43,929 CAD
- Total Interest: 4,111 CAD
- 8.9%Interest Rate x 48 months
- 989 CAD/month + tax
- Total Payable: 47,471 CAD
- Total Interest: 7,653 CAD
- 14.9%Interest Rate x 48 months
- 1,106 CAD/month + tax
- Total Payable: 53,095 CAD
- Total Interest: 13,277 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)
82.98
- + tax
- + fuel
- + insurance
- 84.96CAD/100km (TODAY without the Cash Incentive)
- 115.00CAD/100km (Original Contract back in Sep, 2023)
Time Analysis
Cost per day: (CAD)
49.24
- + tax
- + insurance
- + km driven & fuel
- 50.41CAD/day (Original Contract back in Sep, 2023)
Remaining Km
Can be driven up to:
416.48
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Sep, 2023)
Seller Contact Info
- Name: Moe Ektefa
- Location: London, ON
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
Comes with winter mat for trunk and inside.
I will pay transfer charge on loan approval.
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