Payment Analysis

527.38CAD/monthin Vancouver, BC
    Before Taxes:
  • 527.38 CAD/month
  • 243.41 CAD/bi-weekly
  • 121.70 CAD/week
  • 6,328.56 CAD/year
Incl. B.C. Taxes (12%):
  • 590.67 CAD/month
  • 272.61 CAD/bi-weekly
  • 136.31 CAD/week
  • 7,087.99 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: 1,806 CAD

compared to leasing a BRAND NEW:

  • Honda Accord Sedan TOURING
  • for 48 months
  • in B.C.
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 656
This Contract (CAD/month) 527
Monthly Difference 129 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 1,806 CAD
Total Savings (CAD) = 1,806

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,383 CAD
  • Total Vehicle Debt: 44,643 CAD
  • Paid so Far: 24,259 CAD (54% Paid)
  • Remaining Lease Payments: 7,383 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,259 CAD Total Vehicle Value: 44,643 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,383 CAD
Term Paid so Far: 24,259 CAD Residual Value: 13,000 CAD
0%
54%
16%
30%
Cost to Own
Already Paid: 24,259 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 20,383 CAD
54% Paid
0%
46%
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: 20,383 CAD

  • 4.9%Interest Rate x 48 months
  • 468 CAD/month + tax
  • Total Payable: 22,488 CAD
  • Total Interest: 2,104 CAD
  • 8.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,301 CAD
  • Total Interest: 3,918 CAD
  • 14.9%Interest Rate x 48 months
  • 566 CAD/month + tax
  • Total Payable: 27,180 CAD
  • Total Interest: 6,797 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
7.13
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 26.37CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
17.34
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,707.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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