Payment Analysis
292.70CAD/monthin Toronto, ON
- 292.70 CAD/month
- 135.09 CAD/bi-weekly
- 67.55 CAD/week
- 3,512.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 330.75 CAD/month
- 152.65 CAD/bi-weekly
- 76.33 CAD/week
- 3,969.01 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:
1,386 CAD
compared to leasing a BRAND NEW:
- Mazda3 GX Automatic + Convenience Package
- for 42 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 355 |
|---|---|
| This Contract (CAD/month) | 293 |
| Monthly Difference | 63 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 1,386 CAD |
| Total Savings (CAD) | = 1,386 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,644 CAD
- Total Vehicle Debt: 19,961 CAD
- Paid so Far: 7,318 CAD (36% Paid)
- Remaining Lease Payments: 6,439 CAD
- Residual Value: 6,205 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,318 CAD Total Vehicle Value: 19,961 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,439 CAD
Term Paid so Far: 7,318 CAD Residual Value: 6,205 CAD
Cost to Own
Already Paid: 7,318 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 12,644 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: 12,644 CAD
- 4.9%Interest Rate x 48 months
- 291 CAD/month + tax
- Total Payable: 13,949 CAD
- Total Interest: 1,305 CAD
- 8.9%Interest Rate x 48 months
- 314 CAD/month + tax
- Total Payable: 15,074 CAD
- Total Interest: 2,430 CAD
- 14.9%Interest Rate x 48 months
- 351 CAD/month + tax
- Total Payable: 16,860 CAD
- Total Interest: 4,216 CAD
At the end of the Lease Contract
Residual Value: 6,205 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 143 CAD/month + tax
- Total Payable: 6,845 CAD
- Total Interest: 641 CAD
- 8.9%Interest Rate x 48 months
- 154 CAD/month + tax
- Total Payable: 7,397 CAD
- Total Interest: 1,193 CAD
- 14.9%Interest Rate x 48 months
- 172 CAD/month + tax
- Total Payable: 8,273 CAD
- Total Interest: 2,069 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)
8.60
- + tax
- + fuel
- + insurance
- 17.56CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
9.62
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
784.97
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jun, 2018)
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