Payment Analysis

378.52CAD/monthin Victoria, BC
    Before Taxes:
  • 378.52 CAD/month
  • 174.70 CAD/bi-weekly
  • 87.35 CAD/week
  • 4,542.24 CAD/year
Incl. B.C. Taxes (12%):
  • 423.94 CAD/month
  • 195.67 CAD/bi-weekly
  • 97.83 CAD/week
  • 5,087.31 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: 1,665 ~ 2,965 CAD

compared to leasing a BRAND NEW:

  • MAZDA MAZDA3 SPORT GT
  • for 39 months
  • in BC
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 443
This Contract (CAD/month) 379
Monthly Difference 65 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 65 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,665 ~ 2,965

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,565 CAD
  • Total Vehicle Debt: 40,355 CAD
  • Paid so Far: 22,790 CAD (56% Paid)
  • Remaining Lease Payments: 379 CAD
  • Residual Value: 17,186 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,790 CAD Total Vehicle Value: 40,355 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 379 CAD
Term Paid so Far: 17,790 CAD Residual Value: 17,186 CAD
12%
44%
0%
44%
Cost to Own
Already Paid: 22,790 CAD (56%)
Cash Incentive: 0 CAD Buyout Price Today: 17,565 CAD
56% Paid
0%
44%
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: 17,565 CAD

  • 4.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,378 CAD
  • Total Interest: 1,813 CAD
  • 8.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,940 CAD
  • Total Interest: 3,376 CAD
  • 14.9%Interest Rate x 48 months
  • 488 CAD/month + tax
  • Total Payable: 23,421 CAD
  • Total Interest: 5,857 CAD

At the end of the Lease Contract

Residual Value: 17,186 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,960 CAD
  • Total Interest: 1,774 CAD
  • 8.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,489 CAD
  • Total Interest: 3,303 CAD
  • 14.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,917 CAD
  • Total Interest: 5,731 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)
0.68
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 28.39CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
12.44
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
12,923.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 307.69km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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