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: 9,500 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 30 months
Total Monthly Difference = 7,500 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 9,500
** "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: 6,403 CAD
  • Total Vehicle Debt: 24,026 CAD
  • Paid so Far: 15,623 CAD (65% Paid)
  • Remaining Lease Payments: 8,402 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 15,623 CAD Total Vehicle Value: 24,026 CAD
65% Paid
35%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 8,402 CAD
Term Paid so Far: 15,123 CAD Residual Value: 1 CAD
2%
63%
34%
1%
Cost to Own
Already Paid: 15,623 CAD (65%)
Cash Incentive: 2,000 CAD Buyout Price Today: 6,403 CAD
65% Paid
8%
27%
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: 6,403 CAD

  • 4.9%Interest Rate x 48 months
  • 147 CAD/month + tax
  • Total Payable: 7,064 CAD
  • Total Interest: 661 CAD
  • 8.9%Interest Rate x 48 months
  • 159 CAD/month + tax
  • Total Payable: 7,633 CAD
  • Total Interest: 1,231 CAD
  • 14.9%Interest Rate x 48 months
  • 178 CAD/month + tax
  • Total Payable: 8,538 CAD
  • Total Interest: 2,135 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 30 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)
5.57
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 7.31CAD/100km (TODAY without the Cash Incentive)
  • 11.20CAD/100km (Original Contract back in Jun, 2020)
Time Analysis
Cost per day: (CAD)
7.02
  • + 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:
884.62
  • 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.

Similar Listings in Edmonton

+ 500 cash
Lease Takeover Temporary Image
CAD/month x 39 months
2023 Lexus IS500 (ID: #50022)
1,100
Edmonton alberta
2023 Lexus

IS500 Automatique 2WD F sport

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,100 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 1,087 CAD/month + tax
  • Residual Value: 26,000 CAD
  • Months to End: 39 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 9,120 km total
  • Available Now: 27,450 km/year (2,288 per month)
See all Details
Lease Takeover in Edmonton, AB: 2015 Volkswagen Jetta Trendline Manual 2WD ID:#3651
CAD/month x 76 months
2015 Volkswagen Jetta Trendline (ID: #3651)
336
Edmonton, AB
2015 Volkswagen

Jetta Trendline Manuelle 2WD + Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 336 CAD/month + tax
  • Original Downpayment: 600 CAD
  • Residual Value: 12,143 CAD
  • Months to End: 76 months (Aug, 2018)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 1,263 km/year (105 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ More similar deals