Payment Analysis

425.72CAD/monthin Edmonton, AB
    Before Taxes:
  • 425.72 CAD/month
  • 196.49 CAD/bi-weekly
  • 98.24 CAD/week
  • 5,108.64 CAD/year
Incl. Alberta Taxes (5%):
  • 447.01 CAD/month
  • 206.31 CAD/bi-weekly
  • 103.16 CAD/week
  • 5,364.07 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: 2,250 CAD

compared to leasing a BRAND NEW:

  • MAZDA MAZDA3 GT 2WD
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 575
This Contract (CAD/month) 426
Monthly Difference 150 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 2,250 CAD
Total Savings (CAD) = 2,250

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,386 CAD
  • Total Vehicle Debt: 34,117 CAD
  • Paid so Far: 23,732 CAD (69% Paid)
  • Remaining Lease Payments: 6,386 CAD
  • Residual Value: 4,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,732 CAD Total Vehicle Value: 34,117 CAD
69% Paid
31%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 6,386 CAD
Term Paid so Far: 18,732 CAD Residual Value: 4,000 CAD
14%
55%
19%
12%
Cost to Own
Already Paid: 23,732 CAD (69%)
Cash Incentive: 0 CAD Buyout Price Today: 10,386 CAD
69% Paid
0%
31%
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: 10,386 CAD

  • 4.9%Interest Rate x 48 months
  • 239 CAD/month + tax
  • Total Payable: 11,458 CAD
  • Total Interest: 1,072 CAD
  • 8.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,382 CAD
  • Total Interest: 1,996 CAD
  • 14.9%Interest Rate x 48 months
  • 289 CAD/month + tax
  • Total Payable: 13,849 CAD
  • Total Interest: 3,463 CAD

At the end of the Lease Contract

Residual Value: 4,000 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 92 CAD/month + tax
  • Total Payable: 4,413 CAD
  • Total Interest: 413 CAD
  • 8.9%Interest Rate x 48 months
  • 99 CAD/month + tax
  • Total Payable: 4,769 CAD
  • Total Interest: 769 CAD
  • 14.9%Interest Rate x 48 months
  • 111 CAD/month + tax
  • Total Payable: 5,334 CAD
  • Total Interest: 1,334 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)
5.98
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 10.22CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
14.00
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,643.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 961.54km/week (Contract Original back in Jan, 2018)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 0 CAD/month + tax
  • Months to End: 5 months (Aug, 2024)
Vehicle Status
  • Contract Allowance: 0 km/year
  • Current Odometer: 0 km total
  • Available Now: 0 km/year (0 per month)
  • Please note that this contract ends in less than a year.
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