Payment Analysis

446.45CAD/monthin Markham, ON
    Before Taxes:
  • 446.45 CAD/month
  • 206.05 CAD/bi-weekly
  • 103.03 CAD/week
  • 5,357.40 CAD/year
Incl. Ontario Taxes (13%):
  • 504.49 CAD/month
  • 232.84 CAD/bi-weekly
  • 116.42 CAD/week
  • 6,053.86 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: 4,661 ~ 5,561 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz A 250 4MATIC Hatch Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 797
This Contract (CAD/month) 446
Monthly Difference 351 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 3,861 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,661 ~ 5,561

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,119 CAD
  • Total Vehicle Debt: 47,583 CAD
  • Paid so Far: 18,464 CAD (38% Paid)
  • Remaining Lease Payments: 4,911 CAD
  • Residual Value: 24,208 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,464 CAD Total Vehicle Value: 47,583 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 3,285 CAD Remaining Term: 4,911 CAD
Term Paid so Far: 15,179 CAD Residual Value: 24,208 CAD
6%
32%
10%
52%
Cost to Own
Already Paid: 18,464 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 29,119 CAD
38% Paid
0%
62%
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: 29,119 CAD

  • 4.9%Interest Rate x 48 months
  • 669 CAD/month + tax
  • Total Payable: 32,125 CAD
  • Total Interest: 3,006 CAD
  • 8.9%Interest Rate x 48 months
  • 723 CAD/month + tax
  • Total Payable: 34,716 CAD
  • Total Interest: 5,597 CAD
  • 14.9%Interest Rate x 48 months
  • 809 CAD/month + tax
  • Total Payable: 38,829 CAD
  • Total Interest: 9,710 CAD

At the end of the Lease Contract

Residual Value: 24,208 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,707 CAD
  • Total Interest: 2,499 CAD
  • 8.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,861 CAD
  • Total Interest: 4,653 CAD
  • 14.9%Interest Rate x 48 months
  • 673 CAD/month + tax
  • Total Payable: 32,280 CAD
  • Total Interest: 8,072 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)
13.47
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 44.65CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
14.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
764.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 230.77km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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