Payment Analysis

280.06CAD/monthin Edmonton, AB
    Before Taxes:
  • 280.06 CAD/month
  • 129.26 CAD/bi-weekly
  • 64.63 CAD/week
  • 3,360.72 CAD/year
Incl. Alberta Taxes (5%):
  • 294.06 CAD/month
  • 135.72 CAD/bi-weekly
  • 67.86 CAD/week
  • 3,528.76 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: 9,750 CAD

compared to leasing a BRAND NEW:

  • Mazda MAZDA6 GT Skyactiv-Drive 6-speed automatic transmission with manual-shift mode and Drive Selection switch (Finance Takeover)
  • for 72 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 530
This Contract (CAD/month) 280
Monthly Difference 250 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 7,750 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 9,750
** "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: 6,683 CAD
  • Total Vehicle Debt: 24,026 CAD
  • Paid so Far: 15,343 CAD (63% Paid)
  • Remaining Lease Payments: 8,682 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 15,343 CAD Total Vehicle Value: 24,026 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 8,682 CAD
Term Paid so Far: 14,843 CAD Residual Value: 1 CAD
2%
61%
36%
1%
Cost to Own
Already Paid: 15,343 CAD (63%)
Cash Incentive: 2,000 CAD Buyout Price Today: 6,683 CAD
63% Paid
8%
29%
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: 6,683 CAD

  • 4.9%Interest Rate x 48 months
  • 154 CAD/month + tax
  • Total Payable: 7,373 CAD
  • Total Interest: 690 CAD
  • 8.9%Interest Rate x 48 months
  • 166 CAD/month + tax
  • Total Payable: 7,967 CAD
  • Total Interest: 1,284 CAD
  • 14.9%Interest Rate x 48 months
  • 186 CAD/month + tax
  • Total Payable: 8,911 CAD
  • Total Interest: 2,228 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
5.81
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 7.55CAD/100km (TODAY without the Cash Incentive)
  • 11.20CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
7.09
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 9.21CAD/day (Original Contract back in Jun, 2020)
Remaining Km
Can be driven up to:
856.08
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 576.92km/week (Contract Original back in Jun, 2020)

Seller Contact Info

This Contract was Already Transferred.

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