Payment Analysis

507.00CAD/monthin Toronto, ON
    Before Taxes:
  • 507.00 CAD/month
  • 234.00 CAD/bi-weekly
  • 117.00 CAD/week
  • 6,084.00 CAD/year
Incl. Ontario Taxes (13%):
  • 572.91 CAD/month
  • 264.42 CAD/bi-weekly
  • 132.21 CAD/week
  • 6,874.92 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,847 CAD
  • Total Vehicle Debt: 45,536 CAD
  • Paid so Far: 13,689 CAD (30% Paid)
  • Remaining Lease Payments: 18,252 CAD
  • Residual Value: 13,595 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 13,689 CAD Total Vehicle Value: 45,536 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,252 CAD
Term Paid so Far: 13,689 CAD Residual Value: 13,595 CAD
0%
30%
40%
30%
Cost to Own
Already Paid: 13,689 CAD (30%)
Cash Incentive: 1,000 CAD Buyout Price Today: 30,847 CAD
30% Paid
2%
68%
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: 30,847 CAD

  • 4.9%Interest Rate x 48 months
  • 709 CAD/month + tax
  • Total Payable: 34,031 CAD
  • Total Interest: 3,184 CAD
  • 8.9%Interest Rate x 48 months
  • 766 CAD/month + tax
  • Total Payable: 36,776 CAD
  • Total Interest: 5,929 CAD
  • 14.9%Interest Rate x 48 months
  • 857 CAD/month + tax
  • Total Payable: 41,133 CAD
  • Total Interest: 10,286 CAD

At the end of the Lease Contract

Residual Value: 13,595 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,998 CAD
  • Total Interest: 1,403 CAD
  • 8.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,208 CAD
  • Total Interest: 2,613 CAD
  • 14.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,128 CAD
  • Total Interest: 4,533 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)
23.63
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 25.00CAD/100km (TODAY without the Cash Incentive)
  • 30.42CAD/100km (Original Contract back in Jan, 2017)
Time Analysis
Cost per day: (CAD)
15.76
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.67CAD/day (Original Contract back in Jan, 2017)
Remaining Km
Can be driven up to:
467.95
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jan, 2017)

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CAD/month x 50 months
2024 Mercedes-Benz Sprinter 2500 (ID: #59521)
687
Toronto, Ontario
2024 Mercedes-Benz

Sprinter 2500 Automatique 2WD

Payment Details
  • Current Payment: 687 CAD/month + tax
  • Original Downpayment: 23,700 CAD
  • Months to End: 50 months (Jul, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,800 km total
  • Available Now: 22,848 km/year (1,904 per month)
See all Details