Payment Analysis

418.32CAD/monthin Vancouver, BC
    Before Taxes:
  • 418.32 CAD/month
  • 193.07 CAD/bi-weekly
  • 96.54 CAD/week
  • 5,019.84 CAD/year
Incl. B.C. Taxes (12%):
  • 468.52 CAD/month
  • 216.24 CAD/bi-weekly
  • 108.12 CAD/week
  • 5,622.22 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: 2,365 ~ 3,265 CAD

compared to leasing a BRAND NEW:

  • Mazda Mazda3 GT
  • for 42 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 435
This Contract (CAD/month) 418
Monthly Difference 17 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 765 CAD
+ Cash Incentive** (CAD) + 800
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,365 ~ 3,265
** "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: 27,725 CAD
  • Total Vehicle Debt: 29,780 CAD
  • Paid so Far: 1,255 CAD (4% Paid)
  • Remaining Lease Payments: 18,824 CAD
  • Residual Value: 9,700 CAD
  • Cash Incentive: 800 CAD
Vehicle Debt & Value
Paid so far: 1,255 CAD Total Vehicle Value: 29,780 CAD
4% Paid
96%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,824 CAD
Term Paid so Far: 1,255 CAD Residual Value: 9,700 CAD
0%
4%
63%
33%
Cost to Own
Already Paid: 1,255 CAD (4%)
Cash Incentive: 800 CAD Buyout Price Today: 27,725 CAD
4% Paid
2%
94%
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: 27,725 CAD

  • 4.9%Interest Rate x 48 months
  • 637 CAD/month + tax
  • Total Payable: 30,587 CAD
  • Total Interest: 2,862 CAD
  • 8.9%Interest Rate x 48 months
  • 689 CAD/month + tax
  • Total Payable: 33,054 CAD
  • Total Interest: 5,329 CAD
  • 14.9%Interest Rate x 48 months
  • 770 CAD/month + tax
  • Total Payable: 36,969 CAD
  • Total Interest: 9,245 CAD

At the end of the Lease Contract

Residual Value: 9,700 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 223 CAD/month + tax
  • Total Payable: 10,702 CAD
  • Total Interest: 1,001 CAD
  • 8.9%Interest Rate x 48 months
  • 241 CAD/month + tax
  • Total Payable: 11,565 CAD
  • Total Interest: 1,864 CAD
  • 14.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,935 CAD
  • Total Interest: 3,235 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)
30.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 800CAD incentive)
Time Analysis
Cost per day: (CAD)
13.17
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 800CAD incentive)
Remaining Km
Can be driven up to:
302.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

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