Payment Analysis
398.00CAD/monthin Richmond Hill, ON
- 398.00 CAD/month
- 183.69 CAD/bi-weekly
- 91.85 CAD/week
- 4,776.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 449.74 CAD/month
- 207.57 CAD/bi-weekly
- 103.79 CAD/week
- 5,396.88 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:
8,366 CAD
compared to leasing a BRAND NEW:
- Mazda CX 5
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 592 |
|---|---|
| This Contract (CAD/month) | 398 |
| Monthly Difference | 194 CAD/month |
| Remaining Term | x 39 months |
| Total Monthly Difference | = 7,566 CAD |
| + Cash Incentive** (CAD) | + 800 |
| Total Savings (CAD) | = 8,366 |
| ** "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:
29,722 CAD
- Total Vehicle Debt: 36,492 CAD
- Paid so Far: 5,970 CAD (16% Paid)
- Remaining Lease Payments: 15,522 CAD
- Residual Value: 15,000 CAD
- Cash Incentive: 800 CAD
Vehicle Debt & Value
Paid so far: 5,970 CAD Total Vehicle Value: 36,492 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,522 CAD
Term Paid so Far: 5,970 CAD Residual Value: 15,000 CAD
Cost to Own
Already Paid: 5,970 CAD (16%)
Cash Incentive: 800 CAD Buyout Price Today: 29,722 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: 29,722 CAD
- 4.9%Interest Rate x 48 months
- 683 CAD/month + tax
- Total Payable: 32,790 CAD
- Total Interest: 3,068 CAD
- 8.9%Interest Rate x 48 months
- 738 CAD/month + tax
- Total Payable: 35,435 CAD
- Total Interest: 5,713 CAD
- 14.9%Interest Rate x 48 months
- 826 CAD/month + tax
- Total Payable: 39,633 CAD
- Total Interest: 9,911 CAD
At the end of the Lease Contract
Residual Value: 15,000 CAD (in 39 months)
- 4.9%Interest Rate x 48 months
- 345 CAD/month + tax
- Total Payable: 16,548 CAD
- Total Interest: 1,548 CAD
- 8.9%Interest Rate x 48 months
- 373 CAD/month + tax
- Total Payable: 17,883 CAD
- Total Interest: 2,883 CAD
- 14.9%Interest Rate x 48 months
- 417 CAD/month + tax
- Total Payable: 20,002 CAD
- Total Interest: 5,002 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)
39.79
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
12.41
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
218.93
- km/week
- without any
- additional costs
