Payment Analysis

506.32CAD/monthin Calgary, AB
    Before Taxes:
  • 506.32 CAD/month
  • 233.69 CAD/bi-weekly
  • 116.84 CAD/week
  • 6,075.84 CAD/year
Incl. Alberta Taxes (5%):
  • 531.64 CAD/month
  • 245.37 CAD/bi-weekly
  • 122.69 CAD/week
  • 6,379.63 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: 2,608 ~ 3,908 CAD

compared to leasing a BRAND NEW:

  • 2023 MAZDA CX-30 GS
  • for 24 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 590
This Contract (CAD/month) 506
Monthly Difference 84 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 1,008 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,608 ~ 3,908

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,895 CAD
  • Total Vehicle Debt: 44,698 CAD
  • Paid so Far: 24,803 CAD (55% Paid)
  • Remaining Lease Payments: 6,076 CAD
  • Residual Value: 13,819 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,803 CAD Total Vehicle Value: 44,698 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 6,076 CAD
Term Paid so Far: 24,303 CAD Residual Value: 13,819 CAD
1%
54%
13%
32%
Cost to Own
Already Paid: 24,803 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 19,895 CAD
55% Paid
0%
45%
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: 19,895 CAD

  • 4.9%Interest Rate x 48 months
  • 457 CAD/month + tax
  • Total Payable: 21,949 CAD
  • Total Interest: 2,054 CAD
  • 8.9%Interest Rate x 48 months
  • 494 CAD/month + tax
  • Total Payable: 23,719 CAD
  • Total Interest: 3,824 CAD
  • 14.9%Interest Rate x 48 months
  • 553 CAD/month + tax
  • Total Payable: 26,529 CAD
  • Total Interest: 6,634 CAD

At the end of the Lease Contract

Residual Value: 13,819 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,246 CAD
  • Total Interest: 1,427 CAD
  • 8.9%Interest Rate x 48 months
  • 343 CAD/month + tax
  • Total Payable: 16,475 CAD
  • Total Interest: 2,656 CAD
  • 14.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,427 CAD
  • Total Interest: 4,608 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)
9.94
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 30.38CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
16.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,175.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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