Mazda Lease Takeover in Edmonton, AB : 2016 Mazda CX-5 Touring Automatique AWD ID:#15821 • LeaseCosts Canada

Payment Analysis

467.00CAD/monthin Edmonton, AB

Before Taxes:

467.00 CAD/month
215.54 CAD/bi-weekly
107.77 CAD/week
5,604.00 CAD/year

Incl. Alberta Taxes (5%):

490.35 CAD/month
226.32 CAD/bi-weekly
113.16 CAD/week
5,884.20 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: 1,080 ~ 1,480 CAD

compared to leasing a BRAND NEW:

CX-5 GT 6-SPEED AUTOMATIC TURBO I-ACTIV AWD
for 60 months
in ALBERTA
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	502
This Contract (CAD/month)	467
Monthly Difference	35 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 280 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 1,080 ~ 1,480

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,383 CAD

Total Vehicle Debt: 63,106 CAD
Paid so Far: 34,723 CAD (55% Paid)
Remaining Lease Payments: 3,736 CAD
Residual Value: 24,647 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 34,723 CAD Total Vehicle Value: 63,106 CAD

55% Paid

45%

Vehicle Debt Breakdown

Downpayment: 2,500 CAD Remaining Term: 3,736 CAD

Term Paid so Far: 32,223 CAD Residual Value: 24,647 CAD

52%

40%

Cost to Own

Already Paid: 34,723 CAD (55%)

Cash Incentive: 0 CAD Buyout Price Today: 28,383 CAD

55% Paid

45%

Additional Financing Details

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: 28,383 CAD

4.9%Interest Rate x 48 months
652 CAD/month + tax
Total Payable: 31,313 CAD
Total Interest: 2,930 CAD

8.9%Interest Rate x 48 months
705 CAD/month + tax
Total Payable: 33,838 CAD
Total Interest: 5,455 CAD

14.9%Interest Rate x 48 months
788 CAD/month + tax
Total Payable: 37,847 CAD
Total Interest: 9,464 CAD

At the end of the Lease Contract

Residual Value: 24,647 CAD (in 8 months)

4.9%Interest Rate x 48 months
566 CAD/month + tax
Total Payable: 27,191 CAD
Total Interest: 2,544 CAD

8.9%Interest Rate x 48 months
612 CAD/month + tax
Total Payable: 29,384 CAD
Total Interest: 4,737 CAD

14.9%Interest Rate x 48 months
685 CAD/month + tax
Total Payable: 32,865 CAD
Total Interest: 8,218 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)