Payment Analysis

580.00CAD/monthin Brampton, ON
    Before Taxes:
  • 580.00 CAD/month
  • 267.69 CAD/bi-weekly
  • 133.85 CAD/week
  • 6,960.00 CAD/year
Incl. Ontario Taxes (13%):
  • 655.40 CAD/month
  • 302.49 CAD/bi-weekly
  • 151.25 CAD/week
  • 7,864.80 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: 2,141 ~ 3,041 CAD

compared to leasing a BRAND NEW:

  • Mercedes Benz AMG C 43 4MATIC Coupe
  • for 36 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,027
This Contract (CAD/month) 580
Monthly Difference 447 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 1,341 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,141 ~ 3,041

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,243 CAD
  • Total Vehicle Debt: 81,343 CAD
  • Paid so Far: 44,100 CAD (54% Paid)
  • Remaining Lease Payments: 1,740 CAD
  • Residual Value: 35,503 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 44,100 CAD Total Vehicle Value: 81,343 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 18,000 CAD Remaining Term: 1,740 CAD
Term Paid so Far: 26,100 CAD Residual Value: 35,503 CAD
22%
32%
2%
44%
Cost to Own
Already Paid: 44,100 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 37,243 CAD
54% Paid
0%
46%
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: 37,243 CAD

  • 4.9%Interest Rate x 48 months
  • 856 CAD/month + tax
  • Total Payable: 41,088 CAD
  • Total Interest: 3,845 CAD
  • 8.9%Interest Rate x 48 months
  • 925 CAD/month + tax
  • Total Payable: 44,401 CAD
  • Total Interest: 7,158 CAD
  • 14.9%Interest Rate x 48 months
  • 1,035 CAD/month + tax
  • Total Payable: 49,661 CAD
  • Total Interest: 12,418 CAD

At the end of the Lease Contract

Residual Value: 35,503 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 816 CAD/month + tax
  • Total Payable: 39,168 CAD
  • Total Interest: 3,665 CAD
  • 8.9%Interest Rate x 48 months
  • 882 CAD/month + tax
  • Total Payable: 42,327 CAD
  • Total Interest: 6,824 CAD
  • 14.9%Interest Rate x 48 months
  • 986 CAD/month + tax
  • Total Payable: 47,341 CAD
  • Total Interest: 11,838 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)
3.09
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 38.67CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
19.07
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,338.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.15km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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