Payment Analysis
1,365.00CAD/monthin Toronto, ON
- 1,365.00 CAD/month
- 630.00 CAD/bi-weekly
- 315.00 CAD/week
- 16,380.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,542.45 CAD/month
- 711.90 CAD/bi-weekly
- 355.95 CAD/week
- 18,509.40 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:
39,704 ~ 41,004 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz E53A4M
- for 12 months
- in Ontario
- $0 down payment
- 32,000 km/year
| Leasing New (CAD/month) | 2,583 |
|---|---|
| This Contract (CAD/month) | 1,365 |
| Monthly Difference | 1,218 CAD/month |
| Remaining Term | x 28 months |
| Total Monthly Difference | = 34,104 CAD |
| + Cash Incentive** (CAD) | + 4,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 39,704 ~ 41,004 |
| ** "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:
80,876 CAD
- Total Vehicle Debt: 110,581 CAD
- Paid so Far: 25,705 CAD (23% Paid)
- Remaining Lease Payments: 38,220 CAD
- Residual Value: 46,656 CAD
- Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 25,705 CAD Total Vehicle Value: 110,581 CAD
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 38,220 CAD
Term Paid so Far: 23,205 CAD Residual Value: 46,656 CAD
Cost to Own
Already Paid: 25,705 CAD (23%)
Cash Incentive: 4,000 CAD Buyout Price Today: 80,876 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: 80,876 CAD
- 4.9%Interest Rate x 48 months
- 1,859 CAD/month + tax
- Total Payable: 89,225 CAD
- Total Interest: 8,349 CAD
- 8.9%Interest Rate x 48 months
- 2,009 CAD/month + tax
- Total Payable: 96,421 CAD
- Total Interest: 15,545 CAD
- 14.9%Interest Rate x 48 months
- 2,247 CAD/month + tax
- Total Payable: 107,844 CAD
- Total Interest: 26,968 CAD
At the end of the Lease Contract
Residual Value: 46,656 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 1,072 CAD/month + tax
- Total Payable: 51,472 CAD
- Total Interest: 4,816 CAD
- 8.9%Interest Rate x 48 months
- 1,159 CAD/month + tax
- Total Payable: 55,623 CAD
- Total Interest: 8,967 CAD
- 14.9%Interest Rate x 48 months
- 1,296 CAD/month + tax
- Total Payable: 62,213 CAD
- Total Interest: 15,557 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)
77.80
- + tax
- + fuel
- + insurance
- 86.90CAD/100km (TODAY without the Cash Incentive)
- 91.00CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
40.18
- + tax
- + insurance
- + km driven & fuel
- 44.88CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
362.51
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Mar, 2018)
Seller Contact Info
This Contract was Already Transferred.
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