Payment Analysis
575.00CAD/monthin Mississauga, ON
- 575.00 CAD/month
- 265.38 CAD/bi-weekly
- 132.69 CAD/week
- 6,900.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 649.75 CAD/month
- 299.88 CAD/bi-weekly
- 149.94 CAD/week
- 7,797.00 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:
3,790 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz C300 4matic
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 669 |
|---|---|
| This Contract (CAD/month) | 575 |
| Monthly Difference | 94 CAD/month |
| Remaining Term | x 35 months |
| Total Monthly Difference | = 3,290 CAD |
| + Cash Incentive** (CAD) | + 500 |
| Total Savings (CAD) | = 3,790 |
| ** "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:
41,625 CAD
- Total Vehicle Debt: 45,575 CAD
- Paid so Far: 3,450 CAD (7% Paid)
- Remaining Lease Payments: 20,125 CAD
- Residual Value: 22,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 3,450 CAD Total Vehicle Value: 45,575 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,125 CAD
Term Paid so Far: 3,450 CAD Residual Value: 22,000 CAD
Cost to Own
Already Paid: 3,450 CAD (7%)
Cash Incentive: 500 CAD Buyout Price Today: 41,625 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: 41,625 CAD
- 4.9%Interest Rate x 48 months
- 957 CAD/month + tax
- Total Payable: 45,922 CAD
- Total Interest: 4,297 CAD
- 8.9%Interest Rate x 48 months
- 1,034 CAD/month + tax
- Total Payable: 49,625 CAD
- Total Interest: 8,000 CAD
- 14.9%Interest Rate x 48 months
- 1,156 CAD/month + tax
- Total Payable: 55,505 CAD
- Total Interest: 13,880 CAD
At the end of the Lease Contract
Residual Value: 22,000 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 506 CAD/month + tax
- Total Payable: 24,271 CAD
- Total Interest: 2,271 CAD
- 8.9%Interest Rate x 48 months
- 546 CAD/month + tax
- Total Payable: 26,228 CAD
- Total Interest: 4,228 CAD
- 14.9%Interest Rate x 48 months
- 611 CAD/month + tax
- Total Payable: 29,336 CAD
- Total Interest: 7,336 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)
48.66
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
18.43
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
265.93
- km/week
- without any
- additional costs
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