Payment Analysis

419.12CAD/monthin Surrey, BC
    Before Taxes:
  • 419.12 CAD/month
  • 193.44 CAD/bi-weekly
  • 96.72 CAD/week
  • 5,029.44 CAD/year
Incl. B.C. Taxes (12%):
  • 469.41 CAD/month
  • 216.65 CAD/bi-weekly
  • 108.33 CAD/week
  • 5,632.97 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: 7,700 CAD

compared to leasing a BRAND NEW:

  • MAZDA3 SPORT GT Skyactiv-G 2.5 engine with Skyactiv-Drive 6-speed automatic transmission with manual-shift mode, Drive Selection switch and paddle shifters
  • for 24 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 647
This Contract (CAD/month) 419
Monthly Difference 228 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 5,700 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 7,700
** "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: 24,597 CAD
  • Total Vehicle Debt: 35,817 CAD
  • Paid so Far: 9,221 CAD (25% Paid)
  • Remaining Lease Payments: 10,478 CAD
  • Residual Value: 16,119 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 9,221 CAD Total Vehicle Value: 35,817 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,478 CAD
Term Paid so Far: 9,221 CAD Residual Value: 16,119 CAD
0%
25%
29%
46%
Cost to Own
Already Paid: 9,221 CAD (25%)
Cash Incentive: 2,000 CAD Buyout Price Today: 24,597 CAD
25% Paid
5%
70%
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: 24,597 CAD

  • 4.9%Interest Rate x 48 months
  • 565 CAD/month + tax
  • Total Payable: 27,136 CAD
  • Total Interest: 2,539 CAD
  • 8.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,324 CAD
  • Total Interest: 4,728 CAD
  • 14.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,798 CAD
  • Total Interest: 8,202 CAD

At the end of the Lease Contract

Residual Value: 16,119 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 370 CAD/month + tax
  • Total Payable: 17,782 CAD
  • Total Interest: 1,664 CAD
  • 8.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,217 CAD
  • Total Interest: 3,098 CAD
  • 14.9%Interest Rate x 48 months
  • 448 CAD/month + tax
  • Total Payable: 21,493 CAD
  • Total Interest: 5,375 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)
13.87
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 17.14CAD/100km (TODAY without the Cash Incentive)
  • 25.15CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
11.15
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 13.78CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
564.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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