Payment Analysis

435.00CAD/monthin Corner Brook, NL
    Before Taxes:
  • 435.00 CAD/month
  • 200.77 CAD/bi-weekly
  • 100.38 CAD/week
  • 5,220.00 CAD/year
Incl. Newfoundland & L. Taxes (15%):
  • 500.25 CAD/month
  • 230.88 CAD/bi-weekly
  • 115.44 CAD/week
  • 6,003.00 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: 1,670 ~ 2,070 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-30 GT AWD
  • for 36 months
  • in NL
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 493
This Contract (CAD/month) 435
Monthly Difference 58 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 870 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,670 ~ 2,070

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,525 CAD
  • Total Vehicle Debt: 40,880 CAD
  • Paid so Far: 17,355 CAD (42% Paid)
  • Remaining Lease Payments: 6,525 CAD
  • Residual Value: 17,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,355 CAD Total Vehicle Value: 40,880 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 6,525 CAD
Term Paid so Far: 14,355 CAD Residual Value: 17,000 CAD
7%
35%
16%
42%
Cost to Own
Already Paid: 17,355 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 23,525 CAD
42% Paid
0%
58%
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: 23,525 CAD

  • 4.9%Interest Rate x 48 months
  • 541 CAD/month + tax
  • Total Payable: 25,954 CAD
  • Total Interest: 2,429 CAD
  • 8.9%Interest Rate x 48 months
  • 584 CAD/month + tax
  • Total Payable: 28,047 CAD
  • Total Interest: 4,522 CAD
  • 14.9%Interest Rate x 48 months
  • 654 CAD/month + tax
  • Total Payable: 31,369 CAD
  • Total Interest: 7,844 CAD

At the end of the Lease Contract

Residual Value: 17,000 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,755 CAD
  • Total Interest: 1,755 CAD
  • 8.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,267 CAD
  • Total Interest: 3,267 CAD
  • 14.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,669 CAD
  • Total Interest: 5,669 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)
9.60
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 21.75CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
14.30
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,046.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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