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: 8,250 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 25 months
Total Monthly Difference = 6,250 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 8,250
** "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: 5,003 CAD
  • Total Vehicle Debt: 24,026 CAD
  • Paid so Far: 17,024 CAD (70% Paid)
  • Remaining Lease Payments: 7,002 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 17,024 CAD Total Vehicle Value: 24,026 CAD
70% Paid
30%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 7,002 CAD
Term Paid so Far: 16,524 CAD Residual Value: 1 CAD
2%
68%
29%
1%
Cost to Own
Already Paid: 17,024 CAD (70%)
Cash Incentive: 2,000 CAD Buyout Price Today: 5,003 CAD
70% Paid
8%
22%
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: 5,003 CAD

  • 4.9%Interest Rate x 48 months
  • 115 CAD/month + tax
  • Total Payable: 5,519 CAD
  • Total Interest: 516 CAD
  • 8.9%Interest Rate x 48 months
  • 124 CAD/month + tax
  • Total Payable: 5,964 CAD
  • Total Interest: 962 CAD
  • 14.9%Interest Rate x 48 months
  • 139 CAD/month + tax
  • Total Payable: 6,671 CAD
  • Total Interest: 1,668 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 25 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)
4.35
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 6.09CAD/100km (TODAY without the Cash Incentive)
  • 11.20CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
6.58
  • + 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:
1,061.54
  • 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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