Payment Analysis
507.00CAD/monthin Toronto, ON
- 507.00 CAD/month
- 234.00 CAD/bi-weekly
- 117.00 CAD/week
- 6,084.00 CAD/year
Before Taxes:
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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,252 CAD
Term Paid so Far: 13,689 CAD Residual Value: 13,595 CAD
Cost to Own
Already Paid: 13,689 CAD (30%)
Cash Incentive: 1,000 CAD Buyout Price Today: 30,847 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: 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
- 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
- 16.67CAD/day (Original Contract back in Jan, 2017)
Remaining Km
Can be driven up to:
467.95
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2017)
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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)