Payment Analysis

383.68CAD/monthin Vancouver, BC
    Before Taxes:
  • 383.68 CAD/month
  • 177.08 CAD/bi-weekly
  • 88.54 CAD/week
  • 4,604.16 CAD/year
Incl. B.C. Taxes (12%):
  • 429.72 CAD/month
  • 198.33 CAD/bi-weekly
  • 99.17 CAD/week
  • 5,156.66 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: 4,227 ~ 5,527 CAD

compared to leasing a BRAND NEW:

  • Mazda GT Automatic
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 454
This Contract (CAD/month) 384
Monthly Difference 71 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 2,627 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,227 ~ 5,527

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,741 CAD
  • Total Vehicle Debt: 30,566 CAD
  • Paid so Far: 8,825 CAD (28% Paid)
  • Remaining Lease Payments: 14,196 CAD
  • Residual Value: 7,545 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,825 CAD Total Vehicle Value: 30,566 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,196 CAD
Term Paid so Far: 8,825 CAD Residual Value: 7,545 CAD
0%
28%
47%
25%
Cost to Own
Already Paid: 8,825 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 21,741 CAD
28% Paid
0%
72%
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: 21,741 CAD

  • 4.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 23,986 CAD
  • Total Interest: 2,244 CAD
  • 8.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,920 CAD
  • Total Interest: 4,179 CAD
  • 14.9%Interest Rate x 48 months
  • 604 CAD/month + tax
  • Total Payable: 28,991 CAD
  • Total Interest: 7,249 CAD

At the end of the Lease Contract

Residual Value: 7,545 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 173 CAD/month + tax
  • Total Payable: 8,324 CAD
  • Total Interest: 779 CAD
  • 8.9%Interest Rate x 48 months
  • 187 CAD/month + tax
  • Total Payable: 8,995 CAD
  • Total Interest: 1,450 CAD
  • 14.9%Interest Rate x 48 months
  • 210 CAD/month + tax
  • Total Payable: 10,061 CAD
  • Total Interest: 2,516 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)
21.75
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 23.02CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
12.61
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
407.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Mar, 2018)

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