Payment Analysis
632.74CAD/monthin Oakville, Ontario
- 632.74 CAD/month
- 292.03 CAD/bi-weekly
- 146.02 CAD/week
- 7,592.88 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 715.00 CAD/month
- 330.00 CAD/bi-weekly
- 165.00 CAD/week
- 8,579.95 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:
7,694 ~ 8,994 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz A 250 4MATIC Hatch
- for 12 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 924 |
|---|---|
| This Contract (CAD/month) | 633 |
| Monthly Difference | 292 CAD/month |
| Remaining Term | x 17 months |
| Total Monthly Difference | = 4,964 CAD |
| + Cash Incentive** (CAD) | + 1,130 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,694 ~ 8,994 |
| ** "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:
32,957 CAD
- Total Vehicle Debt: 51,803 CAD
- Paid so Far: 17,717 CAD (34% Paid)
- Remaining Lease Payments: 10,757 CAD
- Residual Value: 23,330 CAD
- Cash Incentive: 1,130 CAD
Vehicle Debt & Value
Paid so far: 17,717 CAD Total Vehicle Value: 51,803 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,757 CAD
Term Paid so Far: 17,717 CAD Residual Value: 23,330 CAD
Cost to Own
Already Paid: 17,717 CAD (34%)
Cash Incentive: 1,130 CAD Buyout Price Today: 32,957 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: 32,957 CAD
- 4.9%Interest Rate x 48 months
- 757 CAD/month + tax
- Total Payable: 36,359 CAD
- Total Interest: 3,402 CAD
- 8.9%Interest Rate x 48 months
- 819 CAD/month + tax
- Total Payable: 39,291 CAD
- Total Interest: 6,334 CAD
- 14.9%Interest Rate x 48 months
- 916 CAD/month + tax
- Total Payable: 43,946 CAD
- Total Interest: 10,989 CAD
At the end of the Lease Contract
Residual Value: 23,330 CAD (in 17 months)
- 4.9%Interest Rate x 48 months
- 536 CAD/month + tax
- Total Payable: 25,738 CAD
- Total Interest: 2,408 CAD
- 8.9%Interest Rate x 48 months
- 579 CAD/month + tax
- Total Payable: 27,814 CAD
- Total Interest: 4,484 CAD
- 14.9%Interest Rate x 48 months
- 648 CAD/month + tax
- Total Payable: 31,109 CAD
- Total Interest: 7,779 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)
21.73
- + tax
- + fuel
- + insurance
- 24.28CAD/100km (TODAY without the Cash Incentive)
- 30.37CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
18.62
- + tax
- + insurance
- + km driven & fuel
- 20.80CAD/day (Original Contract back in Feb, 2019)
Remaining Km
Can be driven up to:
601.45
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Feb, 2019)
Seller Contact Info
This Contract was Already Transferred.
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