Payment Analysis

607.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 607.00 CAD/month
  • 280.15 CAD/bi-weekly
  • 140.08 CAD/week
  • 7,284.00 CAD/year
Incl. Ontario Taxes (13%):
  • 685.91 CAD/month
  • 316.57 CAD/bi-weekly
  • 158.29 CAD/week
  • 8,230.92 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: 6,722 ~ 7,622 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz A 250 4MATIC Hatch w/ Technology Package ($1,600.00) + Navigation Package ($1,000.00) + Premium Package ($2,950.00)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 889
This Contract (CAD/month) 607
Monthly Difference 282 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 5,922 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,722 ~ 7,622

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,747 CAD
  • Total Vehicle Debt: 53,036 CAD
  • Paid so Far: 17,289 CAD (32% Paid)
  • Remaining Lease Payments: 12,747 CAD
  • Residual Value: 23,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,289 CAD Total Vehicle Value: 53,036 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 900 CAD Remaining Term: 12,747 CAD
Term Paid so Far: 16,389 CAD Residual Value: 23,000 CAD
1%
31%
24%
44%
Cost to Own
Already Paid: 17,289 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 35,747 CAD
32% Paid
0%
68%
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: 35,747 CAD

  • 4.9%Interest Rate x 48 months
  • 822 CAD/month + tax
  • Total Payable: 39,437 CAD
  • Total Interest: 3,690 CAD
  • 8.9%Interest Rate x 48 months
  • 888 CAD/month + tax
  • Total Payable: 42,618 CAD
  • Total Interest: 6,871 CAD
  • 14.9%Interest Rate x 48 months
  • 993 CAD/month + tax
  • Total Payable: 47,667 CAD
  • Total Interest: 11,920 CAD

At the end of the Lease Contract

Residual Value: 23,000 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 529 CAD/month + tax
  • Total Payable: 25,374 CAD
  • Total Interest: 2,374 CAD
  • 8.9%Interest Rate x 48 months
  • 571 CAD/month + tax
  • Total Payable: 27,421 CAD
  • Total Interest: 4,421 CAD
  • 14.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,669 CAD
  • Total Interest: 7,669 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)
50.72
  • + tax
  • + fuel
  • + insurance
(or 0.51CAD per km)
Time Analysis
Cost per day: (CAD)
19.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
276.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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