Payment Analysis
521.75CAD/monthin Halifax, NS
- 521.75 CAD/month
- 240.81 CAD/bi-weekly
- 120.40 CAD/week
- 6,261.00 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 600.01 CAD/month
- 276.93 CAD/bi-weekly
- 138.46 CAD/week
- 7,200.15 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:
17,792 ~ 19,092 CAD
compared to leasing a BRAND NEW:
- Mercedes- Benz C 300 4MATIC Avant garde Edition Sedan
- for 12 months
- in NS
- $0 down payment
- 12,000 km/year
| Leasing New (CAD/month) | 1,225 |
|---|---|
| This Contract (CAD/month) | 522 |
| Monthly Difference | 704 CAD/month |
| Remaining Term | x 23 months |
| Total Monthly Difference | = 16,192 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 17,792 ~ 19,092 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
36,341 CAD
- Total Vehicle Debt: 47,819 CAD
- Paid so Far: 11,479 CAD (24% Paid)
- Remaining Lease Payments: 12,000 CAD
- Residual Value: 24,340 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,479 CAD Total Vehicle Value: 47,819 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,000 CAD
Term Paid so Far: 11,479 CAD Residual Value: 24,340 CAD
Cost to Own
Already Paid: 11,479 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 36,341 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: 36,341 CAD
- 4.9%Interest Rate x 48 months
- 835 CAD/month + tax
- Total Payable: 40,092 CAD
- Total Interest: 3,752 CAD
- 8.9%Interest Rate x 48 months
- 903 CAD/month + tax
- Total Payable: 43,325 CAD
- Total Interest: 6,985 CAD
- 14.9%Interest Rate x 48 months
- 1,010 CAD/month + tax
- Total Payable: 48,458 CAD
- Total Interest: 12,118 CAD
At the end of the Lease Contract
Residual Value: 24,340 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 559 CAD/month + tax
- Total Payable: 26,853 CAD
- Total Interest: 2,513 CAD
- 8.9%Interest Rate x 48 months
- 605 CAD/month + tax
- Total Payable: 29,019 CAD
- Total Interest: 4,678 CAD
- 14.9%Interest Rate x 48 months
- 676 CAD/month + tax
- Total Payable: 32,456 CAD
- Total Interest: 8,116 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)
103.37
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.15
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
116.48
- km/week
- without any
- additional costs
