Payment Analysis

704.00CAD/monthin Toronto, ON
    Before Taxes:
  • 704.00 CAD/month
  • 324.92 CAD/bi-weekly
  • 162.46 CAD/week
  • 8,448.00 CAD/year
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: 21,708 ~ 23,008 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
Savings Breakdown:
Leasing New (CAD/month) 970
This Contract (CAD/month) 704
Monthly Difference 266 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 10,108 CAD
+ Cash Incentive** (CAD) + 10,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 21,708 ~ 23,008
** "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: 40,252 CAD
  • Total Vehicle Debt: 48,804 CAD
  • Paid so Far: -1,448 CAD (-3% Paid)
  • Remaining Lease Payments: 26,752 CAD
  • Residual Value: 23,500 CAD
  • Cash Incentive: 10,000 CAD
Vehicle Debt & Value
Paid so far: -1,448 CAD Total Vehicle Value: 48,804 CAD
-3% Paid
103%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 26,752 CAD
Term Paid so Far: -8,448 CAD Residual Value: 23,500 CAD
14%
-17%
54%
49%
Cost to Own
Already Paid: -1,448 CAD (-3%)
Cash Incentive: 10,000 CAD Buyout Price Today: 40,252 CAD
-3% Paid
20%
83%
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: 40,252 CAD

  • 4.9%Interest Rate x 48 months
  • 925 CAD/month + tax
  • Total Payable: 44,407 CAD
  • Total Interest: 4,155 CAD
  • 8.9%Interest Rate x 48 months
  • 1,000 CAD/month + tax
  • Total Payable: 47,989 CAD
  • Total Interest: 7,737 CAD
  • 14.9%Interest Rate x 48 months
  • 1,118 CAD/month + tax
  • Total Payable: 53,674 CAD
  • Total Interest: 13,422 CAD

At the end of the Lease Contract

Residual Value: 23,500 CAD (in 38 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)
60.33
  • + tax
  • + fuel
  • + insurance
(inlcuding the 10,000CAD incentive)
Time Analysis
Cost per day: (CAD)
14.49
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 10,000CAD incentive)
Remaining Km
Can be driven up to:
168.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.

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