Payment Analysis
544.44CAD/monthin Toronto, ON
- 544.44 CAD/month
- 251.28 CAD/bi-weekly
- 125.64 CAD/week
- 6,533.28 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 615.22 CAD/month
- 283.95 CAD/bi-weekly
- 141.97 CAD/week
- 7,382.61 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:
5,420 ~ 6,720 CAD
compared to leasing a BRAND NEW:
- MAZDA MX-5 SOFT TOP GT
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 926 |
|---|---|
| This Contract (CAD/month) | 544 |
| Monthly Difference | 382 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 3,820 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,420 ~ 6,720 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,528 CAD
- Total Vehicle Debt: 56,750 CAD
- Paid so Far: 27,222 CAD (47% Paid)
- Remaining Lease Payments: 5,444 CAD
- Residual Value: 24,084 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,222 CAD Total Vehicle Value: 56,750 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,444 CAD
Term Paid so Far: 27,222 CAD Residual Value: 24,084 CAD
Cost to Own
Already Paid: 27,222 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 29,528 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: 29,528 CAD
- 4.9%Interest Rate x 48 months
- 679 CAD/month + tax
- Total Payable: 32,576 CAD
- Total Interest: 3,048 CAD
- 8.9%Interest Rate x 48 months
- 733 CAD/month + tax
- Total Payable: 35,203 CAD
- Total Interest: 5,675 CAD
- 14.9%Interest Rate x 48 months
- 820 CAD/month + tax
- Total Payable: 39,374 CAD
- Total Interest: 9,846 CAD
At the end of the Lease Contract
Residual Value: 24,084 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 554 CAD/month + tax
- Total Payable: 26,570 CAD
- Total Interest: 2,486 CAD
- 8.9%Interest Rate x 48 months
- 598 CAD/month + tax
- Total Payable: 28,712 CAD
- Total Interest: 4,629 CAD
- 14.9%Interest Rate x 48 months
- 669 CAD/month + tax
- Total Payable: 32,114 CAD
- Total Interest: 8,030 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)
8.64
- + tax
- + fuel
- + insurance
- 32.67CAD/100km (Original Contract back in Aug, 2021)
Time Analysis
Cost per day: (CAD)
17.90
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,453.85
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2021)
Seller Contact Info
This Contract was Already Transferred.
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