Payment Analysis

679.35CAD/monthin Brampton, ON
    Before Taxes:
  • 679.35 CAD/month
  • 313.55 CAD/bi-weekly
  • 156.77 CAD/week
  • 8,152.20 CAD/year
Incl. Ontario Taxes (13%):
  • 767.67 CAD/month
  • 354.31 CAD/bi-weekly
  • 177.15 CAD/week
  • 9,211.99 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: 9,520 ~ 10,420 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C300 (with the same packages)
  • for 36 months
  • in Ontario
  • $0 down payment
  • 27,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 869
This Contract (CAD/month) 679
Monthly Difference 190 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 7,220 CAD
+ Cash Incentive** (CAD) + 1,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,520 ~ 10,420
** "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: 51,790 CAD
  • Total Vehicle Debt: 61,546 CAD
  • Paid so Far: 8,255 CAD (13% Paid)
  • Remaining Lease Payments: 25,815 CAD
  • Residual Value: 27,475 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 8,255 CAD Total Vehicle Value: 61,546 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 25,815 CAD
Term Paid so Far: 4,755 CAD Residual Value: 27,475 CAD
5%
8%
42%
45%
Cost to Own
Already Paid: 8,255 CAD (13%)
Cash Incentive: 1,500 CAD Buyout Price Today: 51,790 CAD
13% Paid
2%
85%
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: 51,790 CAD

  • 4.9%Interest Rate x 48 months
  • 1,190 CAD/month + tax
  • Total Payable: 57,137 CAD
  • Total Interest: 5,346 CAD
  • 8.9%Interest Rate x 48 months
  • 1,286 CAD/month + tax
  • Total Payable: 61,745 CAD
  • Total Interest: 9,954 CAD
  • 14.9%Interest Rate x 48 months
  • 1,439 CAD/month + tax
  • Total Payable: 69,059 CAD
  • Total Interest: 17,269 CAD

At the end of the Lease Contract

Residual Value: 27,475 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 631 CAD/month + tax
  • Total Payable: 30,311 CAD
  • Total Interest: 2,836 CAD
  • 8.9%Interest Rate x 48 months
  • 682 CAD/month + tax
  • Total Payable: 32,756 CAD
  • Total Interest: 5,281 CAD
  • 14.9%Interest Rate x 48 months
  • 763 CAD/month + tax
  • Total Payable: 36,636 CAD
  • Total Interest: 9,161 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)
36.84
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
21.04
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
400.81
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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