Payment Analysis

389.12CAD/monthin Toronto, ON
    Before Taxes:
  • 389.12 CAD/month
  • 179.59 CAD/bi-weekly
  • 89.80 CAD/week
  • 4,669.44 CAD/year
Incl. Ontario Taxes (13%):
  • 439.71 CAD/month
  • 202.94 CAD/bi-weekly
  • 101.47 CAD/week
  • 5,276.47 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: 5,860 ~ 7,160 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-3 Touring (GT) AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 509
This Contract (CAD/month) 389
Monthly Difference 120 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 2,760 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,860 ~ 7,160
** "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: 18,409 CAD
  • Total Vehicle Debt: 30,637 CAD
  • Paid so Far: 10,728 CAD (35% Paid)
  • Remaining Lease Payments: 8,950 CAD
  • Residual Value: 10,959 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 10,728 CAD Total Vehicle Value: 30,637 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 8,950 CAD
Term Paid so Far: 9,728 CAD Residual Value: 10,959 CAD
3%
32%
29%
36%
Cost to Own
Already Paid: 10,728 CAD (35%)
Cash Incentive: 1,500 CAD Buyout Price Today: 18,409 CAD
35% Paid
4%
61%
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: 18,409 CAD

  • 4.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,309 CAD
  • Total Interest: 1,900 CAD
  • 8.9%Interest Rate x 48 months
  • 457 CAD/month + tax
  • Total Payable: 21,947 CAD
  • Total Interest: 3,538 CAD
  • 14.9%Interest Rate x 48 months
  • 511 CAD/month + tax
  • Total Payable: 24,547 CAD
  • Total Interest: 6,138 CAD

At the end of the Lease Contract

Residual Value: 10,959 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,091 CAD
  • Total Interest: 1,131 CAD
  • 8.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,066 CAD
  • Total Interest: 2,106 CAD
  • 14.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,613 CAD
  • Total Interest: 3,654 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)
8.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 10.53CAD/100km (TODAY without the Cash Incentive)
  • 19.46CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
10.65
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 12.79CAD/day (Original Contract back in Nov, 2019)
Remaining Km
Can be driven up to:
852.84
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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