Payment Analysis

355.00CAD/monthin Brampton, ON
    Before Taxes:
  • 355.00 CAD/month
  • 163.85 CAD/bi-weekly
  • 81.92 CAD/week
  • 4,260.00 CAD/year
Incl. Ontario Taxes (13%):
  • 401.15 CAD/month
  • 185.15 CAD/bi-weekly
  • 92.57 CAD/week
  • 4,813.80 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: 2,617 ~ 3,017 CAD

compared to leasing a BRAND NEW:

  • MAZDA3 GX 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 434
This Contract (CAD/month) 355
Monthly Difference 79 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 1,817 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,617 ~ 3,017

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,165 CAD
  • Total Vehicle Debt: 28,040 CAD
  • Paid so Far: 8,875 CAD (31% Paid)
  • Remaining Lease Payments: 8,165 CAD
  • Residual Value: 11,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,875 CAD Total Vehicle Value: 28,040 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,165 CAD
Term Paid so Far: 8,875 CAD Residual Value: 11,000 CAD
0%
31%
29%
40%
Cost to Own
Already Paid: 8,875 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 19,165 CAD
31% Paid
0%
69%
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: 19,165 CAD

  • 4.9%Interest Rate x 48 months
  • 440 CAD/month + tax
  • Total Payable: 21,143 CAD
  • Total Interest: 1,978 CAD
  • 8.9%Interest Rate x 48 months
  • 476 CAD/month + tax
  • Total Payable: 22,849 CAD
  • Total Interest: 3,684 CAD
  • 14.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,555 CAD
  • Total Interest: 6,390 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,136 CAD
  • Total Interest: 1,136 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,114 CAD
  • Total Interest: 2,114 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,668 CAD
  • Total Interest: 3,668 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)
17.68
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 21.30CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
11.67
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
463.30
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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