Payment Analysis

626.00CAD/monthin Montreal, QC
    Before Taxes:
  • 626.00 CAD/month
  • 288.92 CAD/bi-weekly
  • 144.46 CAD/week
  • 7,512.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 719.77 CAD/month
  • 332.20 CAD/bi-weekly
  • 166.10 CAD/week
  • 8,637.30 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: 5,208 ~ 6,508 CAD

compared to leasing a BRAND NEW:

  • MAZDA CX-5 SIGNATURE
  • for 42 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 702
This Contract (CAD/month) 626
Monthly Difference 76 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 608 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,208 ~ 6,508
** "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: 26,973 CAD
  • Total Vehicle Debt: 56,013 CAD
  • Paid so Far: 26,040 CAD (46% Paid)
  • Remaining Lease Payments: 5,008 CAD
  • Residual Value: 24,965 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 26,040 CAD Total Vehicle Value: 56,013 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 5,008 CAD
Term Paid so Far: 25,040 CAD Residual Value: 24,965 CAD
1%
45%
9%
45%
Cost to Own
Already Paid: 26,040 CAD (46%)
Cash Incentive: 3,000 CAD Buyout Price Today: 26,973 CAD
46% Paid
5%
49%
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: 26,973 CAD

  • 4.9%Interest Rate x 48 months
  • 620 CAD/month + tax
  • Total Payable: 29,758 CAD
  • Total Interest: 2,785 CAD
  • 8.9%Interest Rate x 48 months
  • 670 CAD/month + tax
  • Total Payable: 32,157 CAD
  • Total Interest: 5,184 CAD
  • 14.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,967 CAD
  • Total Interest: 8,994 CAD

At the end of the Lease Contract

Residual Value: 24,965 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 574 CAD/month + tax
  • Total Payable: 27,542 CAD
  • Total Interest: 2,577 CAD
  • 8.9%Interest Rate x 48 months
  • 620 CAD/month + tax
  • Total Payable: 29,763 CAD
  • Total Interest: 4,798 CAD
  • 14.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,289 CAD
  • Total Interest: 8,324 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)
5.58
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 13.91CAD/100km (TODAY without the Cash Incentive)
  • 37.56CAD/100km (Original Contract back in Jan, 2023)
Time Analysis
Cost per day: (CAD)
8.25
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 20.58CAD/day (Original Contract back in Jan, 2023)
Remaining Km
Can be driven up to:
1,038.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Jan, 2023)

Seller Contact Info

This Contract was Already Transferred.

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