Payment Analysis
505.00CAD/monthin Ottawa, ON
- 505.00 CAD/month
- 233.08 CAD/bi-weekly
- 116.54 CAD/week
- 6,060.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 570.65 CAD/month
- 263.38 CAD/bi-weekly
- 131.69 CAD/week
- 6,847.80 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:
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
| 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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,090 CAD
Term Paid so Far: 6,060 CAD Residual Value: 18,528 CAD
Cost to Own
Already Paid: 6,060 CAD (17%)
Cash Incentive: 1,000 CAD Buyout Price Today: 26,618 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: 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
- 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
- 16.60CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
519.23
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Dec, 2020)
Seller Contact Info
This Contract was Already Transferred.
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