Payment Analysis
530.97CAD/monthin Hamilton, ON
- 530.97 CAD/month
- 245.06 CAD/bi-weekly
- 122.53 CAD/week
- 6,371.64 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 600.00 CAD/month
- 276.92 CAD/bi-weekly
- 138.46 CAD/week
- 7,199.95 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:
18,775 ~ 19,675 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz C300 4MATIC Sedan w/ Premium Package ($4,000.00) + Night Package ($2,300.00)
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 1,209 |
|---|---|
| This Contract (CAD/month) | 531 |
| Monthly Difference | 679 CAD/month |
| Remaining Term | x 25 months |
| Total Monthly Difference | = 16,975 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 18,775 ~ 19,675 |
| ** "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:
37,570 CAD
- Total Vehicle Debt: 53,340 CAD
- Paid so Far: 14,770 CAD (27% Paid)
- Remaining Lease Payments: 13,274 CAD
- Residual Value: 25,296 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 14,770 CAD Total Vehicle Value: 53,340 CAD
Vehicle Debt Breakdown
Downpayment: 4,150 CAD Remaining Term: 13,274 CAD
Term Paid so Far: 10,619 CAD Residual Value: 25,296 CAD
Cost to Own
Already Paid: 14,770 CAD (27%)
Cash Incentive: 1,000 CAD Buyout Price Today: 37,570 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: 37,570 CAD
- 4.9%Interest Rate x 48 months
- 864 CAD/month + tax
- Total Payable: 41,449 CAD
- Total Interest: 3,878 CAD
- 8.9%Interest Rate x 48 months
- 933 CAD/month + tax
- Total Payable: 44,791 CAD
- Total Interest: 7,221 CAD
- 14.9%Interest Rate x 48 months
- 1,044 CAD/month + tax
- Total Payable: 50,098 CAD
- Total Interest: 12,528 CAD
At the end of the Lease Contract
Residual Value: 25,296 CAD (in 25 months)
- 4.9%Interest Rate x 48 months
- 581 CAD/month + tax
- Total Payable: 27,907 CAD
- Total Interest: 2,611 CAD
- 8.9%Interest Rate x 48 months
- 628 CAD/month + tax
- Total Payable: 30,158 CAD
- Total Interest: 4,862 CAD
- 14.9%Interest Rate x 48 months
- 703 CAD/month + tax
- Total Payable: 33,731 CAD
- Total Interest: 8,435 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)
55.79
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
16.14
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
203.08
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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