Payment Analysis
536.50CAD/monthin Toronto, ON
- 536.50 CAD/month
- 247.62 CAD/bi-weekly
- 123.81 CAD/week
- 6,438.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 606.25 CAD/month
- 279.81 CAD/bi-weekly
- 139.90 CAD/week
- 7,274.94 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:
2,758 ~ 3,658 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz A 220 4MATIC Sedan
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
Leasing New (CAD/month) | 714 |
---|---|
This Contract (CAD/month) | 537 |
Monthly Difference | 178 CAD/month |
Remaining Term | x 11 months |
Total Monthly Difference | = 1,958 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,758 ~ 3,658 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,402 CAD
- Total Vehicle Debt: 49,106 CAD
- Paid so Far: 19,705 CAD (40% Paid)
- Remaining Lease Payments: 5,902 CAD
- Residual Value: 23,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,705 CAD Total Vehicle Value: 49,106 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 5,902 CAD
Term Paid so Far: 17,705 CAD Residual Value: 23,500 CAD
Cost to Own
Already Paid: 19,705 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 29,402 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: 29,402 CAD
- 4.9%Interest Rate x 48 months
- 676 CAD/month + tax
- Total Payable: 32,437 CAD
- Total Interest: 3,035 CAD
- 8.9%Interest Rate x 48 months
- 730 CAD/month + tax
- Total Payable: 35,053 CAD
- Total Interest: 5,651 CAD
- 14.9%Interest Rate x 48 months
- 817 CAD/month + tax
- Total Payable: 39,205 CAD
- Total Interest: 9,804 CAD
At the end of the Lease Contract
Residual Value: 23,500 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 540 CAD/month + tax
- Total Payable: 25,926 CAD
- Total Interest: 2,426 CAD
- 8.9%Interest Rate x 48 months
- 584 CAD/month + tax
- Total Payable: 28,017 CAD
- Total Interest: 4,517 CAD
- 14.9%Interest Rate x 48 months
- 653 CAD/month + tax
- Total Payable: 31,336 CAD
- Total Interest: 7,836 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)
12.40
- + tax
- + fuel
- + insurance
- 32.19CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
17.64
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
998.38
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2019)
Seller Contact Info
This Contract was Already Transferred.
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