Payment Analysis
400.86CAD/monthin Oakville
- 400.86 CAD/month
- 185.01 CAD/bi-weekly
- 92.51 CAD/week
- 4,810.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 452.97 CAD/month
- 209.06 CAD/bi-weekly
- 104.53 CAD/week
- 5,435.66 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:
10,184 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 250
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 984 |
|---|---|
| This Contract (CAD/month) | 401 |
| Monthly Difference | 584 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 15,184 CAD |
| - Required Payment** (CAD) | - 5,000 |
| Total Savings (CAD) | = 10,184 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
36,797 CAD
- Total Vehicle Debt: 49,013 CAD
- Paid so Far: 17,215 CAD (35% Paid)
- Remaining Lease Payments: 10,422 CAD
- Residual Value: 21,375 CAD
- Required Payment: 5,000 CAD
Vehicle Debt & Value
Paid so far: 17,215 CAD Total Vehicle Value: 49,013 CAD
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 10,422 CAD
Term Paid so Far: 7,215 CAD Residual Value: 21,375 CAD
Cost to Own
Already Paid: 17,215 CAD (35%)
Required Payment: 5,000 CAD (10%)Buyout Price Today: 36,797 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: 36,797 CAD
- 4.9%Interest Rate x 48 months
- 846 CAD/month + tax
- Total Payable: 40,596 CAD
- Total Interest: 3,799 CAD
- 8.9%Interest Rate x 48 months
- 914 CAD/month + tax
- Total Payable: 43,870 CAD
- Total Interest: 7,073 CAD
- 14.9%Interest Rate x 48 months
- 1,022 CAD/month + tax
- Total Payable: 49,067 CAD
- Total Interest: 12,270 CAD
At the end of the Lease Contract
Residual Value: 21,375 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 491 CAD/month + tax
- Total Payable: 23,582 CAD
- Total Interest: 2,207 CAD
- 8.9%Interest Rate x 48 months
- 531 CAD/month + tax
- Total Payable: 25,483 CAD
- Total Interest: 4,108 CAD
- 14.9%Interest Rate x 48 months
- 594 CAD/month + tax
- Total Payable: 28,502 CAD
- Total Interest: 7,127 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)
59.32
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
19.50
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
230.77
- km/week
- without any
- additional costs
