Payment Analysis
804.00CAD/monthin Toronto, ON
- 804.00 CAD/month
- 371.08 CAD/bi-weekly
- 185.54 CAD/week
- 9,648.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 908.52 CAD/month
- 419.32 CAD/bi-weekly
- 209.66 CAD/week
- 10,902.24 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:
1,604 ~ 2,504 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 4Matic Coupe Automatic AWD
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
Leasing New (CAD/month) | 1,005 |
---|---|
This Contract (CAD/month) | 804 |
Monthly Difference | 201 CAD/month |
Remaining Term | x 4 months |
Total Monthly Difference | = 804 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 1,604 ~ 2,504 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,216 CAD
- Total Vehicle Debt: 68,612 CAD
- Paid so Far: 39,396 CAD (57% Paid)
- Remaining Lease Payments: 3,216 CAD
- Residual Value: 26,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 39,396 CAD Total Vehicle Value: 68,612 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,216 CAD
Term Paid so Far: 39,396 CAD Residual Value: 26,000 CAD
Cost to Own
Already Paid: 39,396 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 29,216 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: 29,216 CAD
- 4.9%Interest Rate x 48 months
- 672 CAD/month + tax
- Total Payable: 32,232 CAD
- Total Interest: 3,016 CAD
- 8.9%Interest Rate x 48 months
- 726 CAD/month + tax
- Total Payable: 34,831 CAD
- Total Interest: 5,615 CAD
- 14.9%Interest Rate x 48 months
- 812 CAD/month + tax
- Total Payable: 38,958 CAD
- Total Interest: 9,742 CAD
At the end of the Lease Contract
Residual Value: 26,000 CAD (in 4 months)
- 4.9%Interest Rate x 48 months
- 598 CAD/month + tax
- Total Payable: 28,684 CAD
- Total Interest: 2,684 CAD
- 8.9%Interest Rate x 48 months
- 646 CAD/month + tax
- Total Payable: 30,997 CAD
- Total Interest: 4,997 CAD
- 14.9%Interest Rate x 48 months
- 722 CAD/month + tax
- Total Payable: 34,670 CAD
- Total Interest: 8,670 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)
3.42
- + tax
- + fuel
- + insurance
- 40.20CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
26.43
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
5,423.08
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Apr, 2020)
Seller Contact Info
This Contract was Already Transferred.
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