Payment Analysis
492.69CAD/monthin Mississauga, ON
- 492.69 CAD/month
- 227.40 CAD/bi-weekly
- 113.70 CAD/week
- 5,912.28 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 556.74 CAD/month
- 256.96 CAD/bi-weekly
- 128.48 CAD/week
- 6,680.88 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:
9,014 ~ 9,914 CAD
compared to leasing a BRAND NEW:
- Mercedes Benz A 250 4MATIC Hatch
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 1,034 |
|---|---|
| This Contract (CAD/month) | 493 |
| Monthly Difference | 542 CAD/month |
| Remaining Term | x 17 months |
| Total Monthly Difference | = 9,214 CAD |
| - Required Payment** (CAD) | - 1,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,014 ~ 9,914 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
30,346 CAD
- Total Vehicle Debt: 48,141 CAD
- Paid so Far: 18,795 CAD (39% Paid)
- Remaining Lease Payments: 8,376 CAD
- Residual Value: 20,970 CAD
- Required Payment: 1,000 CAD
Vehicle Debt & Value
Paid so far: 18,795 CAD Total Vehicle Value: 48,141 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 8,376 CAD
Term Paid so Far: 13,795 CAD Residual Value: 20,970 CAD
Cost to Own
Already Paid: 18,795 CAD (39%)
Required Payment: 1,000 CAD (2%)Buyout Price Today: 30,346 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: 30,346 CAD
- 4.9%Interest Rate x 48 months
- 697 CAD/month + tax
- Total Payable: 33,478 CAD
- Total Interest: 3,133 CAD
- 8.9%Interest Rate x 48 months
- 754 CAD/month + tax
- Total Payable: 36,178 CAD
- Total Interest: 5,833 CAD
- 14.9%Interest Rate x 48 months
- 843 CAD/month + tax
- Total Payable: 40,464 CAD
- Total Interest: 10,119 CAD
At the end of the Lease Contract
Residual Value: 20,970 CAD (in 17 months)
- 4.9%Interest Rate x 48 months
- 482 CAD/month + tax
- Total Payable: 23,135 CAD
- Total Interest: 2,165 CAD
- 8.9%Interest Rate x 48 months
- 521 CAD/month + tax
- Total Payable: 25,001 CAD
- Total Interest: 4,031 CAD
- 14.9%Interest Rate x 48 months
- 583 CAD/month + tax
- Total Payable: 27,962 CAD
- Total Interest: 6,992 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)
29.76
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
18.13
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
427.60
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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