Payment Analysis

400.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
Incl. Ontario Taxes (13%):
  • 452.00 CAD/month
  • 208.62 CAD/bi-weekly
  • 104.31 CAD/week
  • 5,424.00 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: 1,848 CAD

compared to leasing a BRAND NEW:

  • MAZDA MAZDA3 GS AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 568
This Contract (CAD/month) 400
Monthly Difference 168 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 1,848 CAD
Total Savings (CAD) = 1,848

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,821 CAD
  • Total Vehicle Debt: 31,221 CAD
  • Paid so Far: 14,400 CAD (46% Paid)
  • Remaining Lease Payments: 4,400 CAD
  • Residual Value: 12,421 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,400 CAD Total Vehicle Value: 31,221 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,400 CAD
Term Paid so Far: 14,400 CAD Residual Value: 12,421 CAD
0%
46%
14%
40%
Cost to Own
Already Paid: 14,400 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 16,821 CAD
46% Paid
0%
54%
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: 16,821 CAD

  • 4.9%Interest Rate x 48 months
  • 387 CAD/month + tax
  • Total Payable: 18,557 CAD
  • Total Interest: 1,736 CAD
  • 8.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,054 CAD
  • Total Interest: 3,233 CAD
  • 14.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,430 CAD
  • Total Interest: 5,609 CAD

At the end of the Lease Contract

Residual Value: 12,421 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 285 CAD/month + tax
  • Total Payable: 13,703 CAD
  • Total Interest: 1,282 CAD
  • 8.9%Interest Rate x 48 months
  • 309 CAD/month + tax
  • Total Payable: 14,808 CAD
  • Total Interest: 2,387 CAD
  • 14.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,563 CAD
  • Total Interest: 4,142 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)
7.54
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 24.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
13.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,223.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
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