Payment Analysis

220.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 220.00 CAD/month
  • 101.54 CAD/bi-weekly
  • 50.77 CAD/week
  • 2,640.00 CAD/year
Incl. B.C. Taxes (12%):
  • 246.40 CAD/month
  • 113.72 CAD/bi-weekly
  • 56.86 CAD/week
  • 2,956.80 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: 5,698 CAD

compared to leasing a BRAND NEW:

  • MAZDA3 SPORT GX
  • for 24 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 479
This Contract (CAD/month) 220
Monthly Difference 259 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 5,698 CAD
Total Savings (CAD) = 5,698

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,597 CAD
  • Total Vehicle Debt: 23,317 CAD
  • Paid so Far: 5,720 CAD (24% Paid)
  • Remaining Lease Payments: 4,840 CAD
  • Residual Value: 12,757 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,720 CAD Total Vehicle Value: 23,317 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,840 CAD
Term Paid so Far: 5,720 CAD Residual Value: 12,757 CAD
0%
24%
20%
56%
Cost to Own
Already Paid: 5,720 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 17,597 CAD
24% Paid
0%
76%
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: 17,597 CAD

  • 4.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,414 CAD
  • Total Interest: 1,817 CAD
  • 8.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,979 CAD
  • Total Interest: 3,382 CAD
  • 14.9%Interest Rate x 48 months
  • 489 CAD/month + tax
  • Total Payable: 23,465 CAD
  • Total Interest: 5,868 CAD

At the end of the Lease Contract

Residual Value: 12,757 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 293 CAD/month + tax
  • Total Payable: 14,074 CAD
  • Total Interest: 1,317 CAD
  • 8.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,209 CAD
  • Total Interest: 2,452 CAD
  • 14.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,011 CAD
  • Total Interest: 4,254 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)
7.59
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 11.00CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
7.23
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
668.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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