Payment Analysis
400.00CAD/monthin Toronto, ON
- 400.00 CAD/month
- 184.62 CAD/bi-weekly
- 92.31 CAD/week
- 4,800.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 452.00 CAD/month
- 208.62 CAD/bi-weekly
- 104.31 CAD/week
- 5,424.00 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:
3,504 ~ 4,804 CAD
compared to leasing a BRAND NEW:
- Mazda Mazda 3 GT Automatic AWD w/ Premium Package
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 644 |
|---|---|
| This Contract (CAD/month) | 400 |
| Monthly Difference | 244 CAD/month |
| Remaining Term | x 16 months |
| Total Monthly Difference | = 3,904 CAD |
| - Required Payment** (CAD) | - 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,504 ~ 4,804 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,400 CAD
- Total Vehicle Debt: 32,200 CAD
- Paid so Far: 14,800 CAD (45% Paid)
- Remaining Lease Payments: 6,400 CAD
- Residual Value: 11,000 CAD
- Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 14,800 CAD Total Vehicle Value: 32,200 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 6,400 CAD
Term Paid so Far: 12,800 CAD Residual Value: 11,000 CAD
Cost to Own
Already Paid: 14,800 CAD (45%)
Required Payment: 2,000 CAD (6%)Buyout Price Today: 19,400 CAD
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: 19,400 CAD
- 4.9%Interest Rate x 48 months
- 446 CAD/month + tax
- Total Payable: 21,403 CAD
- Total Interest: 2,003 CAD
- 8.9%Interest Rate x 48 months
- 482 CAD/month + tax
- Total Payable: 23,129 CAD
- Total Interest: 3,729 CAD
- 14.9%Interest Rate x 48 months
- 539 CAD/month + tax
- Total Payable: 25,869 CAD
- Total Interest: 6,469 CAD
At the end of the Lease Contract
Residual Value: 11,000 CAD (in 16 months)
- 4.9%Interest Rate x 48 months
- 253 CAD/month + tax
- Total Payable: 12,136 CAD
- Total Interest: 1,136 CAD
- 8.9%Interest Rate x 48 months
- 273 CAD/month + tax
- Total Payable: 13,114 CAD
- Total Interest: 2,114 CAD
- 14.9%Interest Rate x 48 months
- 306 CAD/month + tax
- Total Payable: 14,668 CAD
- Total Interest: 3,668 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)
11.05
- + tax
- + fuel
- + insurance
- 8.42CAD/100km (TODAY without the Cash Incentive)
- 24.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
17.26
- + tax
- + insurance
- + km driven & fuel
- 13.15CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
1,096.15
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 1,000 cash
2023 Hyundai
KONA ESSENTIAL Automatique AWD
Payment Details
- Current Payment: 440 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 415 CAD/month + tax
- Original Downpayment: 500 CAD
- Months to End: 40 months (Jan, 2028)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 5,000 km total
- Available Now: 22,500 km/year (1,875 per month)
Deal Special Perks
+ 3,000 cash
SAVE ~5,300 CAD
2023 Volkswagen
GTI Automatique 2WD Autobahn
Payment Details
- Current Payment: 652 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 552 CAD/month + tax
- Residual Value: 21,631 CAD
- Months to End: 30 months (Apr, 2027)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 8,800 km total
- Available Now: 15,680 km/year (1,307 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
+ 5,000 cash
2022 Lexus
IS300 Luxury Automatique AWD
Payment Details
- Current Payment: 606 CAD/month + tax
- Required Payment: 5,000 CAD
- Payment Including Incentive: 762 CAD/month + tax
- Residual Value: 20,517 CAD
- Months to End: 32 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,951 km total
- Available Now: 28,268 km/year (2,356 per month)
- Excess Km Cost: 0.20 CAD/km
+ 950 cash
2023 Mazda
Mazda3 Sport GT Automatique AWD
Payment Details
- Current Payment: 598 CAD/month + tax
- Cash Incentive: 950 CAD
- Payment After Incentive: 565 CAD/month + tax
- Original Downpayment: 3,211 CAD
- Residual Value: 19,315 CAD
- Months to End: 29 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 4,600 km total
- Available Now: 24,579 km/year (2,048 per month)
- Excess Km Cost: 0.08 CAD/km
2021 Mazda
Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 352 CAD/month + tax
- Months to End: 3 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 52,000 km total
- Available Now: 112,000 km/year (9,333 per month)
- Please note that this contract ends in less than a year.
+ 2,000 cash
2024 Audi
S3 Komfort Automatique AWD Pre Paid Maintenance package
Payment Details
- Current Payment: 731 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 678 CAD/month + tax
- Residual Value: 31,000 CAD
- Months to End: 38 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 19,000 km total
- Available Now: 18,737 km/year (1,561 per month)
- Excess Km Cost: 0.08 CAD/km
