Payment Analysis

1,375.00CAD/monthin Mississauga
    Before Taxes:
  • 1,375.00 CAD/month
  • 634.62 CAD/bi-weekly
  • 317.31 CAD/week
  • 16,500.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,553.75 CAD/month
  • 717.12 CAD/bi-weekly
  • 358.56 CAD/week
  • 18,645.00 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: 45,792 ~ 46,692 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz AMG GLC 63 S 4MATIC+
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,559
This Contract (CAD/month) 1,375
Monthly Difference 1,184 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 44,992 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 45,792 ~ 46,692

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 115,250 CAD
  • Total Vehicle Debt: 122,500 CAD
  • Paid so Far: 7,250 CAD (5% Paid)
  • Remaining Lease Payments: 52,250 CAD
  • Residual Value: 63,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,250 CAD Total Vehicle Value: 122,500 CAD
5% Paid
95%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 52,250 CAD
Term Paid so Far: -2,750 CAD Residual Value: 63,000 CAD
6%
-1%
43%
52%
Cost to Own
Already Paid: 7,250 CAD (5%)
Cash Incentive: 0 CAD Buyout Price Today: 115,250 CAD
5% Paid
0%
95%
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: 115,250 CAD

  • 4.9%Interest Rate x 48 months
  • 2,649 CAD/month + tax
  • Total Payable: 127,148 CAD
  • Total Interest: 11,898 CAD
  • 8.9%Interest Rate x 48 months
  • 2,863 CAD/month + tax
  • Total Payable: 137,402 CAD
  • Total Interest: 22,152 CAD
  • 14.9%Interest Rate x 48 months
  • 3,202 CAD/month + tax
  • Total Payable: 153,679 CAD
  • Total Interest: 38,429 CAD

At the end of the Lease Contract

Residual Value: 63,000 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 1,448 CAD/month + tax
  • Total Payable: 69,504 CAD
  • Total Interest: 6,504 CAD
  • 8.9%Interest Rate x 48 months
  • 1,565 CAD/month + tax
  • Total Payable: 75,109 CAD
  • Total Interest: 12,109 CAD
  • 14.9%Interest Rate x 48 months
  • 1,750 CAD/month + tax
  • Total Payable: 84,007 CAD
  • Total Interest: 21,007 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)
107.07
  • + tax
  • + fuel
  • + insurance
(or 1.07CAD per km)
Time Analysis
Cost per day: (CAD)
45.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
296.36
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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