Payment Analysis

385.72CAD/monthin Ottawa, ON
    Before Taxes:
  • 385.72 CAD/month
  • 178.02 CAD/bi-weekly
  • 89.01 CAD/week
  • 4,628.64 CAD/year
Incl. Ontario Taxes (13%):
  • 435.86 CAD/month
  • 201.17 CAD/bi-weekly
  • 100.58 CAD/week
  • 5,230.36 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: 6,188 ~ 7,488 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-3 GT Skyactiv-G 2.0 L DOHC 16-valve 4-cylinder engine (148 hp & 146 lb-ft torque) Skyactiv-Drive 6-speed i-Activ AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 531
This Contract (CAD/month) 386
Monthly Difference 146 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 4,088 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,188 ~ 7,488
** "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: 21,316 CAD
  • Total Vehicle Debt: 29,531 CAD
  • Paid so Far: 7,714 CAD (26% Paid)
  • Remaining Lease Payments: 10,800 CAD
  • Residual Value: 11,016 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 7,714 CAD Total Vehicle Value: 29,531 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,800 CAD
Term Paid so Far: 7,714 CAD Residual Value: 11,016 CAD
0%
26%
36%
38%
Cost to Own
Already Paid: 7,714 CAD (26%)
Cash Incentive: 500 CAD Buyout Price Today: 21,316 CAD
26% Paid
1%
73%
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: 21,316 CAD

  • 4.9%Interest Rate x 48 months
  • 490 CAD/month + tax
  • Total Payable: 23,517 CAD
  • Total Interest: 2,201 CAD
  • 8.9%Interest Rate x 48 months
  • 529 CAD/month + tax
  • Total Payable: 25,413 CAD
  • Total Interest: 4,097 CAD
  • 14.9%Interest Rate x 48 months
  • 592 CAD/month + tax
  • Total Payable: 28,424 CAD
  • Total Interest: 7,108 CAD

At the end of the Lease Contract

Residual Value: 11,016 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,153 CAD
  • Total Interest: 1,137 CAD
  • 8.9%Interest Rate x 48 months
  • 274 CAD/month + tax
  • Total Payable: 13,133 CAD
  • Total Interest: 2,117 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,689 CAD
  • Total Interest: 3,673 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)
17.15
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 17.98CAD/100km (TODAY without the Cash Incentive)
  • 23.14CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
12.09
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 12.68CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
495.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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