Payment Analysis
325.00CAD/monthin Toronto, ON
- 325.00 CAD/month
- 150.00 CAD/bi-weekly
- 75.00 CAD/week
- 3,900.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 367.25 CAD/month
- 169.50 CAD/bi-weekly
- 84.75 CAD/week
- 4,407.00 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:
2,445 ~ 3,745 CAD
compared to leasing a BRAND NEW:
- Mazda CX 5 GX 2WD
- for 60 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 390 |
---|---|
This Contract (CAD/month) | 325 |
Monthly Difference | 65 CAD/month |
Remaining Term | x 13 months |
Total Monthly Difference | = 845 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,445 ~ 3,745 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
23,725 CAD
- Total Vehicle Debt: 38,675 CAD
- Paid so Far: 14,950 CAD (38% Paid)
- Remaining Lease Payments: 4,225 CAD
- Residual Value: 19,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,950 CAD Total Vehicle Value: 38,675 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,225 CAD
Term Paid so Far: 14,950 CAD Residual Value: 19,500 CAD
Cost to Own
Already Paid: 14,950 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 23,725 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: 23,725 CAD
- 4.9%Interest Rate x 48 months
- 545 CAD/month + tax
- Total Payable: 26,174 CAD
- Total Interest: 2,449 CAD
- 8.9%Interest Rate x 48 months
- 589 CAD/month + tax
- Total Payable: 28,285 CAD
- Total Interest: 4,560 CAD
- 14.9%Interest Rate x 48 months
- 659 CAD/month + tax
- Total Payable: 31,636 CAD
- Total Interest: 7,911 CAD
At the end of the Lease Contract
Residual Value: 19,500 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 448 CAD/month + tax
- Total Payable: 21,513 CAD
- Total Interest: 2,013 CAD
- 8.9%Interest Rate x 48 months
- 484 CAD/month + tax
- Total Payable: 23,248 CAD
- Total Interest: 3,748 CAD
- 14.9%Interest Rate x 48 months
- 542 CAD/month + tax
- Total Payable: 26,002 CAD
- Total Interest: 6,502 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)
1.54
- + tax
- + fuel
- + insurance
- 6.00CAD/100km (Original Contract back in Jan, 2021)
Time Analysis
Cost per day: (CAD)
10.68
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
4,874.26
- km/week
- without any
- additional costs
- 1,250.00km/week (Contract Original back in Jan, 2021)