Payment Analysis

665.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 665.00 CAD/month
  • 306.92 CAD/bi-weekly
  • 153.46 CAD/week
  • 7,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 751.45 CAD/month
  • 346.82 CAD/bi-weekly
  • 173.41 CAD/week
  • 9,017.40 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: 16,700 ~ 17,600 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz e400 coupe 4matic Automatic AWD
  • for 12 months
  • in BC
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,460
This Contract (CAD/month) 665
Monthly Difference 795 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 15,900 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 16,700 ~ 17,600

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 49,300 CAD
  • Total Vehicle Debt: 83,420 CAD
  • Paid so Far: 34,120 CAD (40% Paid)
  • Remaining Lease Payments: 13,300 CAD
  • Residual Value: 36,000 CAD
  • Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 34,120 CAD Total Vehicle Value: 83,420 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 15,500 CAD Remaining Term: 13,300 CAD
Term Paid so Far: 18,620 CAD Residual Value: 36,000 CAD
18%
22%
16%
44%
Cost to Own
Already Paid: 34,120 CAD (40%)
Required Payment: 0 CAD (0%)Buyout Price Today: 49,300 CAD
40% Paid
0%
60%
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: 49,300 CAD

  • 4.9%Interest Rate x 48 months
  • 1,133 CAD/month + tax
  • Total Payable: 54,389 CAD
  • Total Interest: 5,089 CAD
  • 8.9%Interest Rate x 48 months
  • 1,224 CAD/month + tax
  • Total Payable: 58,776 CAD
  • Total Interest: 9,476 CAD
  • 14.9%Interest Rate x 48 months
  • 1,370 CAD/month + tax
  • Total Payable: 65,739 CAD
  • Total Interest: 16,439 CAD

At the end of the Lease Contract

Residual Value: 36,000 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 827 CAD/month + tax
  • Total Payable: 39,716 CAD
  • Total Interest: 3,716 CAD
  • 8.9%Interest Rate x 48 months
  • 894 CAD/month + tax
  • Total Payable: 42,919 CAD
  • Total Interest: 6,919 CAD
  • 14.9%Interest Rate x 48 months
  • 1,000 CAD/month + tax
  • Total Payable: 48,004 CAD
  • Total Interest: 12,004 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)
36.94
  • + tax
  • + fuel
  • + insurance
(or 0.37CAD per km)
  • 44.33CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
21.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
415.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 346.15km/week (Contract Original back in Aug, 2018)

Seller Contact Info

This Contract was Already Transferred.