Payment Analysis
340.00CAD/monthin Toronto, ON
- 340.00 CAD/month
- 156.92 CAD/bi-weekly
- 78.46 CAD/week
- 4,080.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 384.20 CAD/month
- 177.32 CAD/bi-weekly
- 88.66 CAD/week
- 4,610.40 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:
19,178 ~ 20,078 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 250 4MATIC COUPE w/ Premium Package
- for 12 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,289 |
|---|---|
| This Contract (CAD/month) | 340 |
| Monthly Difference | 949 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 20,878 CAD |
| - Required Payment** (CAD) | - 2,500 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 19,178 ~ 20,078 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,863 CAD
- Total Vehicle Debt: 44,683 CAD
- Paid so Far: 17,320 CAD (38% Paid)
- Remaining Lease Payments: 7,480 CAD
- Residual Value: 19,883 CAD
- Required Payment: 2,500 CAD
Vehicle Debt & Value
Paid so far: 17,320 CAD Total Vehicle Value: 44,683 CAD
Vehicle Debt Breakdown
Downpayment: 9,500 CAD Remaining Term: 7,480 CAD
Term Paid so Far: 7,820 CAD Residual Value: 19,883 CAD
Cost to Own
Already Paid: 17,320 CAD (38%)
Required Payment: 2,500 CAD (5%)Buyout Price Today: 29,863 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: 29,863 CAD
- 4.9%Interest Rate x 48 months
- 686 CAD/month + tax
- Total Payable: 32,946 CAD
- Total Interest: 3,083 CAD
- 8.9%Interest Rate x 48 months
- 742 CAD/month + tax
- Total Payable: 35,603 CAD
- Total Interest: 5,740 CAD
- 14.9%Interest Rate x 48 months
- 830 CAD/month + tax
- Total Payable: 39,821 CAD
- Total Interest: 9,958 CAD
At the end of the Lease Contract
Residual Value: 19,883 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 457 CAD/month + tax
- Total Payable: 21,936 CAD
- Total Interest: 2,053 CAD
- 8.9%Interest Rate x 48 months
- 494 CAD/month + tax
- Total Payable: 23,705 CAD
- Total Interest: 3,822 CAD
- 14.9%Interest Rate x 48 months
- 552 CAD/month + tax
- Total Payable: 26,513 CAD
- Total Interest: 6,630 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)
15.84
- + tax
- + fuel
- + insurance
- 11.87CAD/100km (TODAY without the Cash Incentive)
- 17.00CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
14.91
- + tax
- + insurance
- + km driven & fuel
- 11.18CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
660.84
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Sep, 2018)
Seller Contact Info
This Contract was Already Transferred.
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