Payment Analysis
305.00CAD/monthin Hamilton, ON
- 305.00 CAD/month
- 140.77 CAD/bi-weekly
- 70.38 CAD/week
- 3,660.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 344.65 CAD/month
- 159.07 CAD/bi-weekly
- 79.53 CAD/week
- 4,135.80 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:
5,525 ~ 6,425 CAD
compared to leasing a BRAND NEW:
- Mazda Mazda3 GT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 440 |
---|---|
This Contract (CAD/month) | 305 |
Monthly Difference | 135 CAD/month |
Remaining Term | x 35 months |
Total Monthly Difference | = 4,725 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 5,525 ~ 6,425 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
20,923 CAD
- Total Vehicle Debt: 27,988 CAD
- Paid so Far: 7,065 CAD (25% Paid)
- Remaining Lease Payments: 10,675 CAD
- Residual Value: 10,248 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,065 CAD Total Vehicle Value: 27,988 CAD
Vehicle Debt Breakdown
Downpayment: 3,100 CAD Remaining Term: 10,675 CAD
Term Paid so Far: 3,965 CAD Residual Value: 10,248 CAD
Cost to Own
Already Paid: 7,065 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 20,923 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: 20,923 CAD
- 4.9%Interest Rate x 48 months
- 481 CAD/month + tax
- Total Payable: 23,083 CAD
- Total Interest: 2,160 CAD
- 8.9%Interest Rate x 48 months
- 520 CAD/month + tax
- Total Payable: 24,944 CAD
- Total Interest: 4,021 CAD
- 14.9%Interest Rate x 48 months
- 581 CAD/month + tax
- Total Payable: 27,900 CAD
- Total Interest: 6,977 CAD
At the end of the Lease Contract
Residual Value: 10,248 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 236 CAD/month + tax
- Total Payable: 11,306 CAD
- Total Interest: 1,058 CAD
- 8.9%Interest Rate x 48 months
- 255 CAD/month + tax
- Total Payable: 12,218 CAD
- Total Interest: 1,970 CAD
- 14.9%Interest Rate x 48 months
- 285 CAD/month + tax
- Total Payable: 13,665 CAD
- Total Interest: 3,417 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)
16.00
- + tax
- + fuel
- + insurance
- 18.30CAD/100km (Original Contract back in May, 2017)
Time Analysis
Cost per day: (CAD)
10.03
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
439.78
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2017)