Payment Analysis

332.19CAD/monthin Toronto, ON
    Before Taxes:
  • 332.19 CAD/month
  • 153.32 CAD/bi-weekly
  • 76.66 CAD/week
  • 3,986.28 CAD/year
Incl. Ontario Taxes (13%):
  • 375.37 CAD/month
  • 173.25 CAD/bi-weekly
  • 86.62 CAD/week
  • 4,504.50 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: 4,708 ~ 5,608 CAD

compared to leasing a BRAND NEW:

  • Mazda Mazda3 GS
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 403
This Contract (CAD/month) 332
Monthly Difference 71 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 3,408 CAD
+ Cash Incentive** (CAD) + 500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,708 ~ 5,608
** "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: 25,817 CAD
  • Total Vehicle Debt: 24,824 CAD
  • Paid so Far: -1,493 CAD (-7% Paid)
  • Remaining Lease Payments: 15,945 CAD
  • Residual Value: 10,372 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -1,493 CAD Total Vehicle Value: 24,824 CAD
-7% Paid
107%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 15,945 CAD
Term Paid so Far: -1,993 CAD Residual Value: 10,372 CAD
2%
-9%
64%
43%
Cost to Own
Already Paid: -1,493 CAD (-7%)
Cash Incentive: 500 CAD Buyout Price Today: 25,817 CAD
-7% Paid
2%
105%
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: 25,817 CAD

  • 4.9%Interest Rate x 48 months
  • 593 CAD/month + tax
  • Total Payable: 28,482 CAD
  • Total Interest: 2,665 CAD
  • 8.9%Interest Rate x 48 months
  • 641 CAD/month + tax
  • Total Payable: 30,779 CAD
  • Total Interest: 4,962 CAD
  • 14.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,425 CAD
  • Total Interest: 8,608 CAD

At the end of the Lease Contract

Residual Value: 10,372 CAD (in 48 months)

  • 4.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,442 CAD
  • Total Interest: 1,071 CAD
  • 8.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,365 CAD
  • Total Interest: 1,993 CAD
  • 14.9%Interest Rate x 48 months
  • 288 CAD/month + tax
  • Total Payable: 13,830 CAD
  • Total Interest: 3,458 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)
38.61
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
10.58
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
192.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.02CAD

Similar Listings in Toronto

SAVE ~1,000 CAD
CAD/month x 45 months
2023 Hyundai IONIQ 6 ULTIMATE (ID: #52060)
910
Toronto, ON
2023 Hyundai

IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 910 CAD/month + tax
  • Months to End: 45 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 22,000 km total
  • Available Now: 26,133 km/year (2,178 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 71 months
2019 Porsche Macan (ID: #57325)
1,000
Stratford
2019 Porsche

Macan Automatique AWD S

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,000 CAD/month + tax
  • Months to End: 71 months (Dec, 2030)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 100,000 km total
  • Available Now: 5,352 km/year (446 per month)
See all Details
CAD/month x 43 months
2024 Tesla Model 3 Long Range (ID: #56580)
847
Burlington, ON
2024 Tesla

Model 3 Long Range Automatique AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 847 CAD/month + tax
  • Months to End: 43 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 4,254 km total
  • Available Now: 26,138 km/year (2,178 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
+ 500 cash
CAD/month x 32 months
2024 Hyundai Elantra Luxury (ID: #55907)
229
mississauga
2024 Hyundai

Elantra Luxury Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 229 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 213 CAD/month + tax
  • Months to End: 32 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,500 km total
  • Available Now: 20,813 km/year (1,734 per month)
See all Details
CAD/month x 43 months
2024 Acura TYPE S (ID: #55762)
800
Toronto
2024 Acura

TYPE S Manuelle 2WD

Payment Details
  • Current Payment: 800 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 26,000 CAD
  • Months to End: 43 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 2,000 km total
  • Available Now: 21,767 km/year (1,814 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details
CAD/month x 40 months
2024 Hyundai Elantra N (ID: #55724)
583
London
2024 Hyundai

Elantra N Automatique 2WD Performance package

  • Warranty Complete Term
Payment Details
  • Current Payment: 583 CAD/month + tax
  • Residual Value: 19,000 CAD
  • Months to End: 40 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,000 km total
  • Available Now: 23,100 km/year (1,925 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details