Payment Analysis
606.00CAD/monthin Toronto, ON
- 606.00 CAD/month
- 279.69 CAD/bi-weekly
- 139.85 CAD/week
- 7,272.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 684.78 CAD/month
- 316.05 CAD/bi-weekly
- 158.03 CAD/week
- 8,217.36 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:
3,132 ~ 4,032 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 250 4MATIC Coupe
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 878 |
|---|---|
| This Contract (CAD/month) | 606 |
| Monthly Difference | 272 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 1,632 CAD |
| + Cash Incentive** (CAD) | + 700 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,132 ~ 4,032 |
| ** "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:
32,531 CAD
- Total Vehicle Debt: 61,868 CAD
- Paid so Far: 28,637 CAD (46% Paid)
- Remaining Lease Payments: 3,636 CAD
- Residual Value: 29,595 CAD
- Cash Incentive: 700 CAD
Vehicle Debt & Value
Paid so far: 28,637 CAD Total Vehicle Value: 61,868 CAD
Vehicle Debt Breakdown
Downpayment: 4,397 CAD Remaining Term: 3,636 CAD
Term Paid so Far: 24,240 CAD Residual Value: 29,595 CAD
Cost to Own
Already Paid: 28,637 CAD (46%)
Cash Incentive: 700 CAD Buyout Price Today: 32,531 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: 32,531 CAD
- 4.9%Interest Rate x 48 months
- 748 CAD/month + tax
- Total Payable: 35,889 CAD
- Total Interest: 3,358 CAD
- 8.9%Interest Rate x 48 months
- 808 CAD/month + tax
- Total Payable: 38,784 CAD
- Total Interest: 6,253 CAD
- 14.9%Interest Rate x 48 months
- 904 CAD/month + tax
- Total Payable: 43,378 CAD
- Total Interest: 10,847 CAD
At the end of the Lease Contract
Residual Value: 29,595 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 680 CAD/month + tax
- Total Payable: 32,650 CAD
- Total Interest: 3,055 CAD
- 8.9%Interest Rate x 48 months
- 735 CAD/month + tax
- Total Payable: 35,283 CAD
- Total Interest: 5,688 CAD
- 14.9%Interest Rate x 48 months
- 822 CAD/month + tax
- Total Payable: 39,463 CAD
- Total Interest: 9,868 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)
6.22
- + tax
- + fuel
- + insurance
- 7.71CAD/100km (TODAY without the Cash Incentive)
- 42.78CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
16.09
- + tax
- + insurance
- + km driven & fuel
- 19.92CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
1,814.10
- km/week
- without any
- additional costs
- 326.92km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
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