Payment Analysis
345.30CAD/monthin Guelph, ON
- 345.30 CAD/month
- 159.37 CAD/bi-weekly
- 79.68 CAD/week
- 4,143.60 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 390.19 CAD/month
- 180.09 CAD/bi-weekly
- 90.04 CAD/week
- 4,682.27 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:
5,276 ~ 6,176 CAD
compared to leasing a BRAND NEW:
- Mazda Mazda3 Sport GT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 487 |
---|---|
This Contract (CAD/month) | 345 |
Monthly Difference | 142 CAD/month |
Remaining Term | x 28 months |
Total Monthly Difference | = 3,976 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 5,276 ~ 6,176 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,934 CAD
- Total Vehicle Debt: 27,340 CAD
- Paid so Far: 6,906 CAD (25% Paid)
- Remaining Lease Payments: 9,668 CAD
- Residual Value: 10,765 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 6,906 CAD Total Vehicle Value: 27,340 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,668 CAD
Term Paid so Far: 6,906 CAD Residual Value: 10,765 CAD
Cost to Own
Already Paid: 6,906 CAD (25%)
Cash Incentive: 500 CAD Buyout Price Today: 19,934 CAD
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: 19,934 CAD
- 4.9%Interest Rate x 48 months
- 458 CAD/month + tax
- Total Payable: 21,991 CAD
- Total Interest: 2,058 CAD
- 8.9%Interest Rate x 48 months
- 495 CAD/month + tax
- Total Payable: 23,765 CAD
- Total Interest: 3,831 CAD
- 14.9%Interest Rate x 48 months
- 554 CAD/month + tax
- Total Payable: 26,580 CAD
- Total Interest: 6,647 CAD
At the end of the Lease Contract
Residual Value: 10,765 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 247 CAD/month + tax
- Total Payable: 11,877 CAD
- Total Interest: 1,111 CAD
- 8.9%Interest Rate x 48 months
- 267 CAD/month + tax
- Total Payable: 12,834 CAD
- Total Interest: 2,069 CAD
- 14.9%Interest Rate x 48 months
- 299 CAD/month + tax
- Total Payable: 14,355 CAD
- Total Interest: 3,590 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)
10.42
- + tax
- + fuel
- + insurance
- 10.99CAD/100km (TODAY without the Cash Incentive)
- 17.27CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
10.77
- + tax
- + insurance
- + km driven & fuel
- 11.35CAD/day (Original Contract back in Dec, 2017)
Remaining Km
Can be driven up to:
725.27
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Dec, 2017)
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