Payment Analysis

540.25CAD/monthin Toronto, ON
    Before Taxes:
  • 540.25 CAD/month
  • 249.35 CAD/bi-weekly
  • 124.67 CAD/week
  • 6,483.00 CAD/year
Incl. Ontario Taxes (13%):
  • 610.48 CAD/month
  • 281.76 CAD/bi-weekly
  • 140.88 CAD/week
  • 7,325.79 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: 1,624 ~ 2,524 CAD

compared to leasing a BRAND NEW:

  • Mazda CX-9 GS-L
  • for 42 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 643
This Contract (CAD/month) 540
Monthly Difference 103 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 824 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,624 ~ 2,524

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,672 CAD
  • Total Vehicle Debt: 49,932 CAD
  • Paid so Far: 22,260 CAD (44% Paid)
  • Remaining Lease Payments: 4,322 CAD
  • Residual Value: 23,350 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,260 CAD Total Vehicle Value: 49,932 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 650 CAD Remaining Term: 4,322 CAD
Term Paid so Far: 21,610 CAD Residual Value: 23,350 CAD
1%
43%
8%
48%
Cost to Own
Already Paid: 22,260 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 27,672 CAD
44% Paid
0%
56%
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: 27,672 CAD

  • 4.9%Interest Rate x 48 months
  • 636 CAD/month + tax
  • Total Payable: 30,529 CAD
  • Total Interest: 2,857 CAD
  • 8.9%Interest Rate x 48 months
  • 687 CAD/month + tax
  • Total Payable: 32,991 CAD
  • Total Interest: 5,319 CAD
  • 14.9%Interest Rate x 48 months
  • 769 CAD/month + tax
  • Total Payable: 36,899 CAD
  • Total Interest: 9,227 CAD

At the end of the Lease Contract

Residual Value: 23,350 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,760 CAD
  • Total Interest: 2,410 CAD
  • 8.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,838 CAD
  • Total Interest: 4,488 CAD
  • 14.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,136 CAD
  • Total Interest: 7,786 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)
4.89
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 27.01CAD/100km (Original Contract back in Aug, 2021)
Time Analysis
Cost per day: (CAD)
17.76
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,551.44
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 461.54km/week (Contract Original back in Aug, 2021)

Seller Contact Info

This Contract was Already Transferred.

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