Mazda Lease Takeover in St John’s, NL: 2018 Mazda CX 5 GT Automatique AWD ID:#14509 • LeaseCosts Canada

Payment Analysis

420.00CAD/monthin St John’s, NL

Before Taxes:

420.00 CAD/month
193.85 CAD/bi-weekly
96.92 CAD/week
5,040.00 CAD/year

Incl. Newfoundland & L. Taxes (15%):

483.00 CAD/month
222.92 CAD/bi-weekly
111.46 CAD/week
5,796.00 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: 28,576 ~ 28,976 CAD

compared to leasing a BRAND NEW:

Mazda CX-5 GT AWD
for 12 months
in NL
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	916
This Contract (CAD/month)	420
Monthly Difference	496 CAD/month
Remaining Term	x 56 months
Total Monthly Difference	= 27,776 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 28,576 ~ 28,976

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 44,471 CAD

Total Vehicle Debt: 41,071 CAD
Paid so Far: -3,400 CAD (-9% Paid)
Remaining Lease Payments: 23,520 CAD
Residual Value: 20,951 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -3,400 CAD Total Vehicle Value: 41,071 CAD

-9% Paid

109%

Vehicle Debt Breakdown

Downpayment: 5,000 CAD Remaining Term: 23,520 CAD

Term Paid so Far: -8,400 CAD Residual Value: 20,951 CAD

13%

-22%

57%

52%

Cost to Own

Already Paid: -3,400 CAD (-9%)

Cash Incentive: 0 CAD Buyout Price Today: 44,471 CAD

-9% Paid

109%

Additional Financing Details

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: 44,471 CAD

4.9%Interest Rate x 48 months
1,022 CAD/month + tax
Total Payable: 49,062 CAD
Total Interest: 4,591 CAD

8.9%Interest Rate x 48 months
1,105 CAD/month + tax
Total Payable: 53,019 CAD
Total Interest: 8,548 CAD

14.9%Interest Rate x 48 months
1,235 CAD/month + tax
Total Payable: 59,300 CAD
Total Interest: 14,829 CAD

At the end of the Lease Contract

Residual Value: 20,951 CAD (in 56 months)

4.9%Interest Rate x 48 months
482 CAD/month + tax
Total Payable: 23,114 CAD
Total Interest: 2,163 CAD

8.9%Interest Rate x 48 months
520 CAD/month + tax
Total Payable: 24,978 CAD
Total Interest: 4,027 CAD

14.9%Interest Rate x 48 months
582 CAD/month + tax
Total Payable: 27,937 CAD
Total Interest: 6,986 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)