Payment Analysis
701.00CAD/monthin Scarborough, ON
- 701.00 CAD/month
- 323.54 CAD/bi-weekly
- 161.77 CAD/week
- 8,412.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 792.13 CAD/month
- 365.60 CAD/bi-weekly
- 182.80 CAD/week
- 9,505.56 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:
2,328 ~ 3,228 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 250 4MATIC Coupe
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 792 |
---|---|
This Contract (CAD/month) | 701 |
Monthly Difference | 91 CAD/month |
Remaining Term | x 8 months |
Total Monthly Difference | = 728 CAD |
+ Cash Incentive** (CAD) | + 800 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,328 ~ 3,228 |
** "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:
31,232 CAD
- Total Vehicle Debt: 58,670 CAD
- Paid so Far: 26,638 CAD (45% Paid)
- Remaining Lease Payments: 5,608 CAD
- Residual Value: 26,424 CAD
- Cash Incentive: 800 CAD
Vehicle Debt & Value
Paid so far: 26,638 CAD Total Vehicle Value: 58,670 CAD
Vehicle Debt Breakdown
Downpayment: 701 CAD Remaining Term: 5,608 CAD
Term Paid so Far: 25,937 CAD Residual Value: 26,424 CAD
Cost to Own
Already Paid: 26,638 CAD (45%)
Cash Incentive: 800 CAD Buyout Price Today: 31,232 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: 31,232 CAD
- 4.9%Interest Rate x 48 months
- 718 CAD/month + tax
- Total Payable: 34,456 CAD
- Total Interest: 3,224 CAD
- 8.9%Interest Rate x 48 months
- 776 CAD/month + tax
- Total Payable: 37,235 CAD
- Total Interest: 6,003 CAD
- 14.9%Interest Rate x 48 months
- 868 CAD/month + tax
- Total Payable: 41,646 CAD
- Total Interest: 10,414 CAD
At the end of the Lease Contract
Residual Value: 26,424 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 607 CAD/month + tax
- Total Payable: 29,152 CAD
- Total Interest: 2,728 CAD
- 8.9%Interest Rate x 48 months
- 656 CAD/month + tax
- Total Payable: 31,503 CAD
- Total Interest: 5,079 CAD
- 14.9%Interest Rate x 48 months
- 734 CAD/month + tax
- Total Payable: 35,235 CAD
- Total Interest: 8,811 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)
8.76
- + tax
- + fuel
- + insurance
- 10.21CAD/100km (TODAY without the Cash Incentive)
- 46.73CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
19.76
- + tax
- + insurance
- + km driven & fuel
- 23.05CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
1,583.65
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
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