Payment Analysis

520.00CAD/monthin Toronto, ON
    Before Taxes:
  • 520.00 CAD/month
  • 240.00 CAD/bi-weekly
  • 120.00 CAD/week
  • 6,240.00 CAD/year
Incl. Ontario Taxes (13%):
  • 587.60 CAD/month
  • 271.20 CAD/bi-weekly
  • 135.60 CAD/week
  • 7,051.20 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: 1,300 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-30 GT AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 610
This Contract (CAD/month) 520
Monthly Difference 90 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 1,800 CAD
- Required Payment** (CAD) - 500
Total Savings (CAD) = 1,300
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,900 CAD
  • Total Vehicle Debt: 42,480 CAD
  • Paid so Far: 15,080 CAD (35% Paid)
  • Remaining Lease Payments: 10,400 CAD
  • Residual Value: 17,000 CAD
  • Required Payment: 500 CAD
Vehicle Debt & Value
Paid so far: 15,080 CAD Total Vehicle Value: 42,480 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 520 CAD Remaining Term: 10,400 CAD
Term Paid so Far: 14,560 CAD Residual Value: 17,000 CAD
1%
34%
24%
41%
Cost to Own
Already Paid: 15,080 CAD (35%)
Required Payment: 500 CAD (1%)Buyout Price Today: 27,900 CAD
34% Paid
1%
65%
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: 27,900 CAD

  • 4.9%Interest Rate x 48 months
  • 641 CAD/month + tax
  • Total Payable: 30,780 CAD
  • Total Interest: 2,880 CAD
  • 8.9%Interest Rate x 48 months
  • 693 CAD/month + tax
  • Total Payable: 33,262 CAD
  • Total Interest: 5,362 CAD
  • 14.9%Interest Rate x 48 months
  • 775 CAD/month + tax
  • Total Payable: 37,203 CAD
  • Total Interest: 9,303 CAD

At the end of the Lease Contract

Residual Value: 17,000 CAD (in 20 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)
17.93
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 17.11CAD/100km (TODAY without the Cash Incentive)
  • 31.20CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
17.92
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 17.10CAD/day (Original Contract back in Mar, 2020)
Remaining Km
Can be driven up to:
701.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Mar, 2020)

Seller Contact Info

This Contract was Already Transferred.

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