Payment Analysis

615.50CAD/monthin Peterborough, ON
    Before Taxes:
  • 615.50 CAD/month
  • 284.08 CAD/bi-weekly
  • 142.04 CAD/week
  • 7,386.00 CAD/year
Incl. Ontario Taxes (13%):
  • 695.52 CAD/month
  • 321.01 CAD/bi-weekly
  • 160.50 CAD/week
  • 8,346.18 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: 4,908 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz AMG C 43 4MATIC Avantgarde Edition Sedan
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,024
This Contract (CAD/month) 616
Monthly Difference 409 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 4,908 CAD
Total Savings (CAD) = 4,908

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,481 CAD
  • Total Vehicle Debt: 57,311 CAD
  • Paid so Far: 21,830 CAD (38% Paid)
  • Remaining Lease Payments: 7,386 CAD
  • Residual Value: 28,095 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,830 CAD Total Vehicle Value: 57,311 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 1,518 CAD Remaining Term: 7,386 CAD
Term Paid so Far: 20,312 CAD Residual Value: 28,095 CAD
2%
36%
12%
50%
Cost to Own
Already Paid: 21,830 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 35,481 CAD
38% Paid
0%
62%
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: 35,481 CAD

  • 4.9%Interest Rate x 48 months
  • 815 CAD/month + tax
  • Total Payable: 39,144 CAD
  • Total Interest: 3,663 CAD
  • 8.9%Interest Rate x 48 months
  • 881 CAD/month + tax
  • Total Payable: 42,301 CAD
  • Total Interest: 6,820 CAD
  • 14.9%Interest Rate x 48 months
  • 986 CAD/month + tax
  • Total Payable: 47,312 CAD
  • Total Interest: 11,831 CAD

At the end of the Lease Contract

Residual Value: 28,095 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,995 CAD
  • Total Interest: 2,900 CAD
  • 8.9%Interest Rate x 48 months
  • 698 CAD/month + tax
  • Total Payable: 33,495 CAD
  • Total Interest: 5,400 CAD
  • 14.9%Interest Rate x 48 months
  • 780 CAD/month + tax
  • Total Payable: 37,463 CAD
  • Total Interest: 9,368 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)
50.94
  • + tax
  • + fuel
  • + insurance
(or 0.51CAD per km)
  • 61.55CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
20.24
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
278.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 230.77km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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