Payment Analysis

400.00CAD/monthin Toronto, ON
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
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: 8,140 ~ 9,440 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
Savings Breakdown:
Leasing New (CAD/month) 644
This Contract (CAD/month) 400
Monthly Difference 244 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 8,540 CAD
- Required Payment** (CAD) - 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,140 ~ 9,440
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,000 CAD
  • Total Vehicle Debt: 32,200 CAD
  • Paid so Far: 7,200 CAD (22% Paid)
  • Remaining Lease Payments: 14,000 CAD
  • Residual Value: 11,000 CAD
  • Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 7,200 CAD Total Vehicle Value: 32,200 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 14,000 CAD
Term Paid so Far: 5,200 CAD Residual Value: 11,000 CAD
6%
16%
43%
35%
Cost to Own
Already Paid: 7,200 CAD (22%)
Required Payment: 2,000 CAD (6%)Buyout Price Today: 27,000 CAD
16% Paid
6%
78%
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: 27,000 CAD

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 35 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)
21.05
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 18.42CAD/100km (TODAY without the Cash Incentive)
  • 24.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
15.03
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 13.15CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
501.10
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

+ 800 cash
2024 Mazda

Mazda3 GT w/Turbo AWD Automatic Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 499 CAD/month + tax
  • Cash Incentive: 800 CAD
  • Payment After Incentive: 452 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 19,748 CAD
  • Months to End: 17 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 25,500 km total
  • Available Now: 24,353 km/year (2,029 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 1,000 cash
CAD/month x 21 months
2023 Hyundai KONA ESSENTIAL (ID: #53283)
440
Brampton, ON
2023 Hyundai

KONA ESSENTIAL Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 392 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Months to End: 21 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 42,857 km/year (3,571 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 5,000 cash
CAD/month x 13 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 991 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 13 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 69,584 km/year (5,799 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 3,000 cash
CAD/month x 19 months
2024 Audi S3 Komfort (ID: #55233)
731
Stouffville
2024 Audi

S3 Komfort Automatique AWD Pre Paid Maintenance package

  • Warranty Complete Term
Payment Details
  • Current Payment: 731 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 573 CAD/month + tax
  • Residual Value: 31,000 CAD
  • Months to End: 19 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 24,211 km/year (2,018 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 18 months
2023 Genesis G70 - 3.3T Sport (ID: #55850)
793
Scarborough
2023 Genesis

G70 - 3.3T Sport Automatique AWD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 793 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,939 CAD
  • Months to End: 18 months (Oct, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 36,500 km total
  • Available Now: 39,667 km/year (3,306 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
CAD/month x 14 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 14 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 24,000 km/year (2,000 per month)
See all Details