Payment Analysis

518.00CAD/monthin Toronto, ON
    Before Taxes:
  • 518.00 CAD/month
  • 239.08 CAD/bi-weekly
  • 119.54 CAD/week
  • 6,216.00 CAD/year
Incl. Ontario Taxes (13%):
  • 585.34 CAD/month
  • 270.16 CAD/bi-weekly
  • 135.08 CAD/week
  • 7,024.08 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: 19,275 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz AMG C43
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,343
This Contract (CAD/month) 518
Monthly Difference 825 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 22,275 CAD
- Required Payment** (CAD) - 3,000
Total Savings (CAD) = 19,275
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 52,386 CAD
  • Total Vehicle Debt: 72,710 CAD
  • Paid so Far: 23,324 CAD (32% Paid)
  • Remaining Lease Payments: 13,986 CAD
  • Residual Value: 35,400 CAD
  • Required Payment: 3,000 CAD
Vehicle Debt & Value
Paid so far: 23,324 CAD Total Vehicle Value: 72,710 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 14,000 CAD Remaining Term: 13,986 CAD
Term Paid so Far: 9,324 CAD Residual Value: 35,400 CAD
19%
13%
19%
49%
Cost to Own
Already Paid: 23,324 CAD (32%)
Required Payment: 3,000 CAD (4%)Buyout Price Today: 52,386 CAD
28% Paid
4%
68%
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: 52,386 CAD

  • 4.9%Interest Rate x 48 months
  • 1,204 CAD/month + tax
  • Total Payable: 57,794 CAD
  • Total Interest: 5,408 CAD
  • 8.9%Interest Rate x 48 months
  • 1,301 CAD/month + tax
  • Total Payable: 62,455 CAD
  • Total Interest: 10,069 CAD
  • 14.9%Interest Rate x 48 months
  • 1,455 CAD/month + tax
  • Total Payable: 69,854 CAD
  • Total Interest: 17,468 CAD

At the end of the Lease Contract

Residual Value: 35,400 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 814 CAD/month + tax
  • Total Payable: 39,054 CAD
  • Total Interest: 3,654 CAD
  • 8.9%Interest Rate x 48 months
  • 879 CAD/month + tax
  • Total Payable: 42,204 CAD
  • Total Interest: 6,804 CAD
  • 14.9%Interest Rate x 48 months
  • 983 CAD/month + tax
  • Total Payable: 47,204 CAD
  • Total Interest: 11,804 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)
58.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 48.39CAD/100km (TODAY without the Cash Incentive)
  • 51.80CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
20.68
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 17.03CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
247.01
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 230.77km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.

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