Payment Analysis

403.00CAD/monthin North York, ON
    Before Taxes:
  • 403.00 CAD/month
  • 186.00 CAD/bi-weekly
  • 93.00 CAD/week
  • 4,836.00 CAD/year
Incl. Ontario Taxes (13%):
  • 455.39 CAD/month
  • 210.18 CAD/bi-weekly
  • 105.09 CAD/week
  • 5,464.68 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: 26 CAD

compared to leasing a BRAND NEW:

  • Mazda MAZDA3 GS Skyactiv-Drive 6-speed automatic transmission with manual-shift mode and Drive Selection switch
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 416
This Contract (CAD/month) 403
Monthly Difference 13 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 26 CAD
Total Savings (CAD) = 26

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 8,709 CAD
  • Total Vehicle Debt: 32,083 CAD
  • Paid so Far: 23,374 CAD (72% Paid)
  • Remaining Lease Payments: 806 CAD
  • Residual Value: 7,903 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,374 CAD Total Vehicle Value: 32,083 CAD
72% Paid
28%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 806 CAD
Term Paid so Far: 23,374 CAD Residual Value: 7,903 CAD
0%
72%
2%
26%
Cost to Own
Already Paid: 23,374 CAD (72%)
Cash Incentive: 0 CAD Buyout Price Today: 8,709 CAD
72% Paid
0%
28%
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: 8,709 CAD

  • 4.9%Interest Rate x 48 months
  • 200 CAD/month + tax
  • Total Payable: 9,608 CAD
  • Total Interest: 899 CAD
  • 8.9%Interest Rate x 48 months
  • 216 CAD/month + tax
  • Total Payable: 10,383 CAD
  • Total Interest: 1,674 CAD
  • 14.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,613 CAD
  • Total Interest: 2,904 CAD

At the end of the Lease Contract

Residual Value: 7,903 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 182 CAD/month + tax
  • Total Payable: 8,719 CAD
  • Total Interest: 816 CAD
  • 8.9%Interest Rate x 48 months
  • 196 CAD/month + tax
  • Total Payable: 9,422 CAD
  • Total Interest: 1,519 CAD
  • 14.9%Interest Rate x 48 months
  • 220 CAD/month + tax
  • Total Payable: 10,538 CAD
  • Total Interest: 2,635 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)
1.02
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 24.18CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
13.25
  • + tax
  • + insurance
  • + km driven & fuel
(1.64CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
9,115.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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