Payment Analysis

1,055.00CAD/monthin Newmarket, ON
    Before Taxes:
  • 1,055.00 CAD/month
  • 486.92 CAD/bi-weekly
  • 243.46 CAD/week
  • 12,660.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,192.15 CAD/month
  • 550.22 CAD/bi-weekly
  • 275.11 CAD/week
  • 14,305.80 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: 4,518 ~ 5,418 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz E450 4MATIC Coupé Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,341
This Contract (CAD/month) 1,055
Monthly Difference 286 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 3,718 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,518 ~ 5,418

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,309 CAD
  • Total Vehicle Debt: 88,069 CAD
  • Paid so Far: 33,760 CAD (38% Paid)
  • Remaining Lease Payments: 13,715 CAD
  • Residual Value: 40,594 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 33,760 CAD Total Vehicle Value: 88,069 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,715 CAD
Term Paid so Far: 33,760 CAD Residual Value: 40,594 CAD
0%
38%
15%
47%
Cost to Own
Already Paid: 33,760 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 54,309 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: 54,309 CAD

  • 4.9%Interest Rate x 48 months
  • 1,248 CAD/month + tax
  • Total Payable: 59,915 CAD
  • Total Interest: 5,606 CAD
  • 8.9%Interest Rate x 48 months
  • 1,349 CAD/month + tax
  • Total Payable: 64,747 CAD
  • Total Interest: 10,438 CAD
  • 14.9%Interest Rate x 48 months
  • 1,509 CAD/month + tax
  • Total Payable: 72,418 CAD
  • Total Interest: 18,109 CAD

At the end of the Lease Contract

Residual Value: 40,594 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 933 CAD/month + tax
  • Total Payable: 44,785 CAD
  • Total Interest: 4,191 CAD
  • 8.9%Interest Rate x 48 months
  • 1,008 CAD/month + tax
  • Total Payable: 48,396 CAD
  • Total Interest: 7,802 CAD
  • 14.9%Interest Rate x 48 months
  • 1,128 CAD/month + tax
  • Total Payable: 54,130 CAD
  • Total Interest: 13,536 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)
37.02
  • + tax
  • + fuel
  • + insurance
(or 0.37CAD per km)
  • 105.50CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
34.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.25CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
657.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 230.77km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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