Payment Analysis
598.00CAD/monthin Brampton, ON
- 598.00 CAD/month
- 276.00 CAD/bi-weekly
- 138.00 CAD/week
- 7,176.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 675.74 CAD/month
- 311.88 CAD/bi-weekly
- 155.94 CAD/week
- 8,108.88 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:
7,316 CAD
compared to leasing a BRAND NEW:
- Mercedes Benz C300 with Premium Package & Night Package
- for 39 months
- in Ontario
- $0 down payment
- 22,000 km/year
| Leasing New (CAD/month) | 814 |
|---|---|
| This Contract (CAD/month) | 598 |
| Monthly Difference | 216 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 5,616 CAD |
| + Cash Incentive** (CAD) | + 1,700 |
| Total Savings (CAD) | = 7,316 |
| ** "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:
39,379 CAD
- Total Vehicle Debt: 53,758 CAD
- Paid so Far: 12,679 CAD (23% Paid)
- Remaining Lease Payments: 15,548 CAD
- Residual Value: 25,531 CAD
- Cash Incentive: 1,700 CAD
Vehicle Debt & Value
Paid so far: 12,679 CAD Total Vehicle Value: 53,758 CAD
Vehicle Debt Breakdown
Downpayment: 1,915 CAD Remaining Term: 15,548 CAD
Term Paid so Far: 10,764 CAD Residual Value: 25,531 CAD
Cost to Own
Already Paid: 12,679 CAD (23%)
Cash Incentive: 1,700 CAD Buyout Price Today: 39,379 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: 39,379 CAD
- 4.9%Interest Rate x 48 months
- 905 CAD/month + tax
- Total Payable: 43,444 CAD
- Total Interest: 4,065 CAD
- 8.9%Interest Rate x 48 months
- 978 CAD/month + tax
- Total Payable: 46,948 CAD
- Total Interest: 7,569 CAD
- 14.9%Interest Rate x 48 months
- 1,094 CAD/month + tax
- Total Payable: 52,510 CAD
- Total Interest: 13,131 CAD
At the end of the Lease Contract
Residual Value: 25,531 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 587 CAD/month + tax
- Total Payable: 28,167 CAD
- Total Interest: 2,636 CAD
- 8.9%Interest Rate x 48 months
- 634 CAD/month + tax
- Total Payable: 30,438 CAD
- Total Interest: 4,907 CAD
- 14.9%Interest Rate x 48 months
- 709 CAD/month + tax
- Total Payable: 34,044 CAD
- Total Interest: 8,513 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)
18.22
- + tax
- + fuel
- + insurance
- 20.46CAD/100km (TODAY without the Cash Incentive)
- 29.90CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
17.51
- + tax
- + insurance
- + km driven & fuel
- 19.66CAD/day (Original Contract back in Apr, 2018)
Remaining Km
Can be driven up to:
674.56
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Apr, 2018)
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