Payment Analysis
356.43CAD/monthin Oakville, ON
- 356.43 CAD/month
- 164.51 CAD/bi-weekly
- 82.25 CAD/week
- 4,277.16 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 402.77 CAD/month
- 185.89 CAD/bi-weekly
- 92.95 CAD/week
- 4,833.19 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:
3,339 ~ 4,239 CAD
compared to leasing a BRAND NEW:
- Mazda Mazda3 Sport GS
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 413 |
|---|---|
| This Contract (CAD/month) | 356 |
| Monthly Difference | 57 CAD/month |
| Remaining Term | x 27 months |
| Total Monthly Difference | = 1,539 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,339 ~ 4,239 |
| ** "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:
17,514 CAD
- Total Vehicle Debt: 25,642 CAD
- Paid so Far: 7,129 CAD (27% Paid)
- Remaining Lease Payments: 9,624 CAD
- Residual Value: 8,890 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 7,129 CAD Total Vehicle Value: 25,642 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,624 CAD
Term Paid so Far: 7,129 CAD Residual Value: 8,890 CAD
Cost to Own
Already Paid: 7,129 CAD (27%)
Cash Incentive: 1,000 CAD Buyout Price Today: 17,514 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: 17,514 CAD
- 4.9%Interest Rate x 48 months
- 403 CAD/month + tax
- Total Payable: 19,322 CAD
- Total Interest: 1,808 CAD
- 8.9%Interest Rate x 48 months
- 435 CAD/month + tax
- Total Payable: 20,880 CAD
- Total Interest: 3,366 CAD
- 14.9%Interest Rate x 48 months
- 487 CAD/month + tax
- Total Payable: 23,354 CAD
- Total Interest: 5,840 CAD
At the end of the Lease Contract
Residual Value: 8,890 CAD (in 27 months)
- 4.9%Interest Rate x 48 months
- 204 CAD/month + tax
- Total Payable: 9,808 CAD
- Total Interest: 918 CAD
- 8.9%Interest Rate x 48 months
- 221 CAD/month + tax
- Total Payable: 10,599 CAD
- Total Interest: 1,709 CAD
- 14.9%Interest Rate x 48 months
- 247 CAD/month + tax
- Total Payable: 11,855 CAD
- Total Interest: 2,964 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)
13.92
- + tax
- + fuel
- + insurance
- 15.54CAD/100km (TODAY without the Cash Incentive)
- 21.39CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
10.50
- + tax
- + insurance
- + km driven & fuel
- 11.72CAD/day (Original Contract back in Dec, 2017)
Remaining Km
Can be driven up to:
529.34
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Dec, 2017)
