Payment Analysis
567.00CAD/monthin Vaughan, ON
- 567.00 CAD/month
- 261.69 CAD/bi-weekly
- 130.85 CAD/week
- 6,804.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 640.71 CAD/month
- 295.71 CAD/bi-weekly
- 147.86 CAD/week
- 7,688.52 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:
14,386 CAD
compared to leasing a BRAND NEW:
- Mercedes- Benz C Series C300
- for 16 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 859 |
|---|---|
| This Contract (CAD/month) | 567 |
| Monthly Difference | 291 CAD/month |
| Remaining Term | x 46 months |
| Total Monthly Difference | = 13,386 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| Total Savings (CAD) | = 14,386 |
| ** "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:
56,782 CAD
- Total Vehicle Debt: 56,213 CAD
- Paid so Far: -1,569 CAD (-3% Paid)
- Remaining Lease Payments: 26,082 CAD
- Residual Value: 31,700 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -1,569 CAD Total Vehicle Value: 56,213 CAD
Vehicle Debt Breakdown
Downpayment: 2,400 CAD Remaining Term: 26,082 CAD
Term Paid so Far: -3,969 CAD Residual Value: 31,700 CAD
Cost to Own
Already Paid: -1,569 CAD (-3%)
Cash Incentive: 1,000 CAD Buyout Price Today: 56,782 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: 56,782 CAD
- 4.9%Interest Rate x 48 months
- 1,305 CAD/month + tax
- Total Payable: 62,644 CAD
- Total Interest: 5,862 CAD
- 8.9%Interest Rate x 48 months
- 1,410 CAD/month + tax
- Total Payable: 67,696 CAD
- Total Interest: 10,914 CAD
- 14.9%Interest Rate x 48 months
- 1,577 CAD/month + tax
- Total Payable: 75,716 CAD
- Total Interest: 18,934 CAD
At the end of the Lease Contract
Residual Value: 31,700 CAD (in 46 months)
- 4.9%Interest Rate x 48 months
- 729 CAD/month + tax
- Total Payable: 34,972 CAD
- Total Interest: 3,272 CAD
- 8.9%Interest Rate x 48 months
- 787 CAD/month + tax
- Total Payable: 37,793 CAD
- Total Interest: 6,093 CAD
- 14.9%Interest Rate x 48 months
- 881 CAD/month + tax
- Total Payable: 42,270 CAD
- Total Interest: 10,570 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)
122.35
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.93
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
102.84
- km/week
- without any
- additional costs
