Payment Analysis
665.00CAD/monthin Ottawa, ON
- 665.00 CAD/month
- 306.92 CAD/bi-weekly
- 153.46 CAD/week
- 7,980.00 CAD/year
Before Taxes:
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:
27,830 ~ 28,730 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
| Leasing New (CAD/month) | 1,460 |
|---|---|
| This Contract (CAD/month) | 665 |
| Monthly Difference | 795 CAD/month |
| Remaining Term | x 34 months |
| Total Monthly Difference | = 27,030 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 27,830 ~ 28,730 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
58,610 CAD
- Total Vehicle Debt: 83,420 CAD
- Paid so Far: 24,810 CAD (29% Paid)
- Remaining Lease Payments: 22,610 CAD
- Residual Value: 36,000 CAD
- Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 24,810 CAD Total Vehicle Value: 83,420 CAD
Vehicle Debt Breakdown
Downpayment: 15,500 CAD Remaining Term: 22,610 CAD
Term Paid so Far: 9,310 CAD Residual Value: 36,000 CAD
Cost to Own
Already Paid: 24,810 CAD (29%)
Required Payment: 0 CAD (0%)Buyout Price Today: 58,610 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: 58,610 CAD
- 4.9%Interest Rate x 48 months
- 1,347 CAD/month + tax
- Total Payable: 64,660 CAD
- Total Interest: 6,050 CAD
- 8.9%Interest Rate x 48 months
- 1,456 CAD/month + tax
- Total Payable: 69,875 CAD
- Total Interest: 11,265 CAD
- 14.9%Interest Rate x 48 months
- 1,628 CAD/month + tax
- Total Payable: 78,153 CAD
- Total Interest: 19,543 CAD
At the end of the Lease Contract
Residual Value: 36,000 CAD (in 34 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)
62.81
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
21.86
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
244.34
- km/week
- without any
- additional costs
