Payment Analysis

469.10CAD/monthin Kingston, ON
    Before Taxes:
  • 469.10 CAD/month
  • 216.51 CAD/bi-weekly
  • 108.25 CAD/week
  • 5,629.20 CAD/year
Incl. Ontario Taxes (13%):
  • 530.08 CAD/month
  • 244.65 CAD/bi-weekly
  • 122.33 CAD/week
  • 6,361.00 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: 4,316 ~ 5,616 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-5 GS
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 514
This Contract (CAD/month) 469
Monthly Difference 44 CAD/month
Remaining Term x 39 months
Total Monthly Difference = 1,716 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,316 ~ 5,616
** "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: 30,471 CAD
  • Total Vehicle Debt: 35,693 CAD
  • Paid so Far: 4,222 CAD (11% Paid)
  • Remaining Lease Payments: 18,295 CAD
  • Residual Value: 13,176 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 4,222 CAD Total Vehicle Value: 35,693 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,295 CAD
Term Paid so Far: 4,222 CAD Residual Value: 13,176 CAD
0%
11%
51%
38%
Cost to Own
Already Paid: 4,222 CAD (11%)
Cash Incentive: 1,000 CAD Buyout Price Today: 30,471 CAD
11% Paid
2%
87%
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: 30,471 CAD

  • 4.9%Interest Rate x 48 months
  • 700 CAD/month + tax
  • Total Payable: 33,617 CAD
  • Total Interest: 3,146 CAD
  • 8.9%Interest Rate x 48 months
  • 757 CAD/month + tax
  • Total Payable: 36,328 CAD
  • Total Interest: 5,857 CAD
  • 14.9%Interest Rate x 48 months
  • 846 CAD/month + tax
  • Total Payable: 40,631 CAD
  • Total Interest: 10,160 CAD

At the end of the Lease Contract

Residual Value: 13,176 CAD (in 39 months)

  • 4.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,536 CAD
  • Total Interest: 1,360 CAD
  • 8.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,708 CAD
  • Total Interest: 2,532 CAD
  • 14.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,569 CAD
  • Total Interest: 4,393 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)
24.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
14.58
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
414.20
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD