Payment Analysis
704.00CAD/monthin Toronto, ON
- 704.00 CAD/month
- 324.92 CAD/bi-weekly
- 162.46 CAD/week
- 8,448.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 795.52 CAD/month
- 367.16 CAD/bi-weekly
- 183.58 CAD/week
- 9,546.24 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:
15,590 ~ 16,890 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz C 300 4MATIC Coupe
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
Leasing New (CAD/month) | 970 |
---|---|
This Contract (CAD/month) | 704 |
Monthly Difference | 266 CAD/month |
Remaining Term | x 15 months |
Total Monthly Difference | = 3,990 CAD |
+ Cash Incentive** (CAD) | + 10,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 15,590 ~ 16,890 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
24,060 CAD
- Total Vehicle Debt: 48,804 CAD
- Paid so Far: 14,744 CAD (30% Paid)
- Remaining Lease Payments: 10,560 CAD
- Residual Value: 23,500 CAD
- Cash Incentive: 10,000 CAD
Vehicle Debt & Value
Paid so far: 14,744 CAD Total Vehicle Value: 48,804 CAD
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 10,560 CAD
Term Paid so Far: 7,744 CAD Residual Value: 23,500 CAD
Cost to Own
Already Paid: 14,744 CAD (30%)
Cash Incentive: 10,000 CAD Buyout Price Today: 24,060 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: 24,060 CAD
- 4.9%Interest Rate x 48 months
- 553 CAD/month + tax
- Total Payable: 26,544 CAD
- Total Interest: 2,484 CAD
- 8.9%Interest Rate x 48 months
- 598 CAD/month + tax
- Total Payable: 28,684 CAD
- Total Interest: 4,624 CAD
- 14.9%Interest Rate x 48 months
- 668 CAD/month + tax
- Total Payable: 32,083 CAD
- Total Interest: 8,023 CAD
At the end of the Lease Contract
Residual Value: 23,500 CAD (in 15 months)
- 4.9%Interest Rate x 48 months
- 540 CAD/month + tax
- Total Payable: 25,926 CAD
- Total Interest: 2,426 CAD
- 8.9%Interest Rate x 48 months
- 584 CAD/month + tax
- Total Payable: 28,017 CAD
- Total Interest: 4,517 CAD
- 14.9%Interest Rate x 48 months
- 653 CAD/month + tax
- Total Payable: 31,336 CAD
- Total Interest: 7,836 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)
2.02
- + tax
- + fuel
- + insurance
- 38.03CAD/100km (TODAY without the Cash Incentive)
- 64.98CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
1.23
- + tax
- + insurance
- + km driven & fuel
- 23.15CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
427.18
- km/week
- without any
- additional costs
- 250.00km/week (Contract Original back in Oct, 2020)
Seller Contact Info
This Contract was Already Transferred.
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