Payment Analysis

420.00CAD/monthin Calgary, AB
    Before Taxes:
  • 420.00 CAD/month
  • 193.85 CAD/bi-weekly
  • 96.92 CAD/week
  • 5,040.00 CAD/year
Incl. Alberta Taxes (5%):
  • 441.00 CAD/month
  • 203.54 CAD/bi-weekly
  • 101.77 CAD/week
  • 5,292.00 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: 3,945 ~ 4,345 CAD

compared to leasing a BRAND NEW:

  • MAZDA 3 SPORT GT 6-SPEED AUTOMATIC I-ACTIV AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 605
This Contract (CAD/month) 420
Monthly Difference 185 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 3,145 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,945 ~ 4,345

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,140 CAD
  • Total Vehicle Debt: 39,120 CAD
  • Paid so Far: 12,980 CAD (33% Paid)
  • Remaining Lease Payments: 7,140 CAD
  • Residual Value: 19,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,980 CAD Total Vehicle Value: 39,120 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 7,140 CAD
Term Paid so Far: 7,980 CAD Residual Value: 19,000 CAD
12%
21%
18%
49%
Cost to Own
Already Paid: 12,980 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 26,140 CAD
33% Paid
0%
67%
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: 26,140 CAD

  • 4.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,839 CAD
  • Total Interest: 2,699 CAD
  • 8.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,164 CAD
  • Total Interest: 5,024 CAD
  • 14.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,856 CAD
  • Total Interest: 8,716 CAD

At the end of the Lease Contract

Residual Value: 19,000 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,961 CAD
  • Total Interest: 1,961 CAD
  • 8.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,652 CAD
  • Total Interest: 3,652 CAD
  • 14.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,335 CAD
  • Total Interest: 6,335 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)
14.88
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 25.20CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
13.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
651.58
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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