Payment Analysis

280.06CAD/monthin Edmonton, AB
    Before Taxes:
  • 280.06 CAD/month
  • 129.26 CAD/bi-weekly
  • 64.63 CAD/week
  • 3,360.72 CAD/year
Incl. Alberta Taxes (5%):
  • 294.06 CAD/month
  • 135.72 CAD/bi-weekly
  • 67.86 CAD/week
  • 3,528.76 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: 6,750 CAD

compared to leasing a BRAND NEW:

  • Mazda MAZDA6 GT Skyactiv-Drive 6-speed automatic transmission with manual-shift mode and Drive Selection switch (Finance Takeover)
  • for 72 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 530
This Contract (CAD/month) 280
Monthly Difference 250 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 4,750 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 6,750
** "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: 3,322 CAD
  • Total Vehicle Debt: 24,026 CAD
  • Paid so Far: 18,704 CAD (77% Paid)
  • Remaining Lease Payments: 5,321 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 18,704 CAD Total Vehicle Value: 24,026 CAD
77% Paid
23%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 5,321 CAD
Term Paid so Far: 18,204 CAD Residual Value: 1 CAD
2%
75%
22%
1%
Cost to Own
Already Paid: 18,704 CAD (77%)
Cash Incentive: 2,000 CAD Buyout Price Today: 3,322 CAD
77% Paid
8%
15%
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: 3,322 CAD

  • 4.9%Interest Rate x 48 months
  • 76 CAD/month + tax
  • Total Payable: 3,665 CAD
  • Total Interest: 343 CAD
  • 8.9%Interest Rate x 48 months
  • 83 CAD/month + tax
  • Total Payable: 3,961 CAD
  • Total Interest: 639 CAD
  • 14.9%Interest Rate x 48 months
  • 92 CAD/month + tax
  • Total Payable: 4,430 CAD
  • Total Interest: 1,108 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
2.89
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 4.63CAD/100km (TODAY without the Cash Incentive)
  • 11.20CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
5.75
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 9.21CAD/day (Original Contract back in Jun, 2020)
Remaining Km
Can be driven up to:
1,396.76
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 576.92km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

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