Payment Analysis

329.60CAD/monthin Mississauga, ON
    Before Taxes:
  • 329.60 CAD/month
  • 152.12 CAD/bi-weekly
  • 76.06 CAD/week
  • 3,955.20 CAD/year
Incl. Ontario Taxes (13%):
  • 372.45 CAD/month
  • 171.90 CAD/bi-weekly
  • 85.95 CAD/week
  • 4,469.38 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: 962 ~ 1,862 CAD

compared to leasing a BRAND NEW:

  • Mazda 3 GX Automatic 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 356
This Contract (CAD/month) 330
Monthly Difference 27 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 162 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 962 ~ 1,862

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 6,978 CAD
  • Total Vehicle Debt: 24,776 CAD
  • Paid so Far: 17,798 CAD (71% Paid)
  • Remaining Lease Payments: 1,978 CAD
  • Residual Value: 5,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,798 CAD Total Vehicle Value: 24,776 CAD
71% Paid
29%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,978 CAD
Term Paid so Far: 17,798 CAD Residual Value: 5,000 CAD
0%
71%
8%
21%
Cost to Own
Already Paid: 17,798 CAD (71%)
Cash Incentive: 0 CAD Buyout Price Today: 6,978 CAD
71% Paid
0%
29%
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: 6,978 CAD

  • 4.9%Interest Rate x 48 months
  • 160 CAD/month + tax
  • Total Payable: 7,698 CAD
  • Total Interest: 720 CAD
  • 8.9%Interest Rate x 48 months
  • 173 CAD/month + tax
  • Total Payable: 8,319 CAD
  • Total Interest: 1,341 CAD
  • 14.9%Interest Rate x 48 months
  • 194 CAD/month + tax
  • Total Payable: 9,304 CAD
  • Total Interest: 2,327 CAD

At the end of the Lease Contract

Residual Value: 5,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 115 CAD/month + tax
  • Total Payable: 5,516 CAD
  • Total Interest: 516 CAD
  • 8.9%Interest Rate x 48 months
  • 124 CAD/month + tax
  • Total Payable: 5,961 CAD
  • Total Interest: 961 CAD
  • 14.9%Interest Rate x 48 months
  • 139 CAD/month + tax
  • Total Payable: 6,667 CAD
  • Total Interest: 1,667 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)
3.66
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 19.78CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
10.84
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,076.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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