Payment Analysis

759.00CAD/monthin Thornhill, ON
    Before Taxes:
  • 759.00 CAD/month
  • 350.31 CAD/bi-weekly
  • 175.15 CAD/week
  • 9,108.00 CAD/year
Incl. Ontario Taxes (13%):
  • 857.67 CAD/month
  • 395.85 CAD/bi-weekly
  • 197.92 CAD/week
  • 10,292.04 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: 4,714 ~ 6,014 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C 300 4MATIC Sedan
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,105
This Contract (CAD/month) 759
Monthly Difference 346 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 3,114 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,714 ~ 6,014

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,331 CAD
  • Total Vehicle Debt: 59,896 CAD
  • Paid so Far: 26,565 CAD (44% Paid)
  • Remaining Lease Payments: 6,831 CAD
  • Residual Value: 26,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,565 CAD Total Vehicle Value: 59,896 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,831 CAD
Term Paid so Far: 26,565 CAD Residual Value: 26,500 CAD
0%
44%
11%
45%
Cost to Own
Already Paid: 26,565 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 33,331 CAD
44% Paid
0%
56%
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: 33,331 CAD

  • 4.9%Interest Rate x 48 months
  • 766 CAD/month + tax
  • Total Payable: 36,772 CAD
  • Total Interest: 3,441 CAD
  • 8.9%Interest Rate x 48 months
  • 828 CAD/month + tax
  • Total Payable: 39,737 CAD
  • Total Interest: 6,406 CAD
  • 14.9%Interest Rate x 48 months
  • 926 CAD/month + tax
  • Total Payable: 44,445 CAD
  • Total Interest: 11,114 CAD

At the end of the Lease Contract

Residual Value: 26,500 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,236 CAD
  • Total Interest: 2,736 CAD
  • 8.9%Interest Rate x 48 months
  • 658 CAD/month + tax
  • Total Payable: 31,593 CAD
  • Total Interest: 5,093 CAD
  • 14.9%Interest Rate x 48 months
  • 736 CAD/month + tax
  • Total Payable: 35,336 CAD
  • Total Interest: 8,836 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)
11.58
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 50.60CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
24.95
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,512.82
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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