Payment Analysis

929.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 929.00 CAD/month
  • 428.77 CAD/bi-weekly
  • 214.38 CAD/week
  • 11,148.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,049.77 CAD/month
  • 484.51 CAD/bi-weekly
  • 242.25 CAD/week
  • 12,597.24 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: 10,166 ~ 11,066 CAD

compared to leasing a BRAND NEW:

  • MB C43 AMG 4Matic
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,152
This Contract (CAD/month) 929
Monthly Difference 223 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 9,366 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 10,166 ~ 11,066

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 73,018 CAD
  • Total Vehicle Debt: 70,231 CAD
  • Paid so Far: -2,787 CAD (-4% Paid)
  • Remaining Lease Payments: 39,018 CAD
  • Residual Value: 34,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -2,787 CAD Total Vehicle Value: 70,231 CAD
-4% Paid
104%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 39,018 CAD
Term Paid so Far: -2,787 CAD Residual Value: 34,000 CAD
0%
-4%
55%
49%
Cost to Own
Already Paid: -2,787 CAD (-4%)
Cash Incentive: 0 CAD Buyout Price Today: 73,018 CAD
-4% Paid
0%
104%
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: 73,018 CAD

  • 4.9%Interest Rate x 48 months
  • 1,678 CAD/month + tax
  • Total Payable: 80,556 CAD
  • Total Interest: 7,538 CAD
  • 8.9%Interest Rate x 48 months
  • 1,814 CAD/month + tax
  • Total Payable: 87,052 CAD
  • Total Interest: 14,034 CAD
  • 14.9%Interest Rate x 48 months
  • 2,028 CAD/month + tax
  • Total Payable: 97,365 CAD
  • Total Interest: 24,347 CAD

At the end of the Lease Contract

Residual Value: 34,000 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 781 CAD/month + tax
  • Total Payable: 37,510 CAD
  • Total Interest: 3,510 CAD
  • 8.9%Interest Rate x 48 months
  • 844 CAD/month + tax
  • Total Payable: 40,535 CAD
  • Total Interest: 6,535 CAD
  • 14.9%Interest Rate x 48 months
  • 945 CAD/month + tax
  • Total Payable: 45,337 CAD
  • Total Interest: 11,337 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)
72.26
  • + tax
  • + fuel
  • + insurance
(or 0.72CAD per km)
Time Analysis
Cost per day: (CAD)
30.54
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
296.70
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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