Payment Analysis

480.00CAD/monthin Toronto, On
    Before Taxes:
  • 480.00 CAD/month
  • 221.54 CAD/bi-weekly
  • 110.77 CAD/week
  • 5,760.00 CAD/year
Incl. Ontario Taxes (13%):
  • 542.40 CAD/month
  • 250.34 CAD/bi-weekly
  • 125.17 CAD/week
  • 6,508.80 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: 49,760 CAD
  • Total Vehicle Debt: 48,800 CAD
  • Paid so Far: -960 CAD (-2% Paid)
  • Remaining Lease Payments: 29,760 CAD
  • Residual Value: 20,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -960 CAD Total Vehicle Value: 48,800 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,760 CAD
Term Paid so Far: -960 CAD Residual Value: 20,000 CAD
0%
-2%
61%
41%
Cost to Own
Already Paid: -960 CAD (-2%)
Cash Incentive: 0 CAD Buyout Price Today: 49,760 CAD
-2% Paid
0%
102%
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: 49,760 CAD

  • 4.9%Interest Rate x 48 months
  • 1,144 CAD/month + tax
  • Total Payable: 54,897 CAD
  • Total Interest: 5,137 CAD
  • 8.9%Interest Rate x 48 months
  • 1,236 CAD/month + tax
  • Total Payable: 59,324 CAD
  • Total Interest: 9,564 CAD
  • 14.9%Interest Rate x 48 months
  • 1,382 CAD/month + tax
  • Total Payable: 66,352 CAD
  • Total Interest: 16,592 CAD

At the end of the Lease Contract

Residual Value: 20,000 CAD (in 62 months)

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,065 CAD
  • Total Interest: 2,065 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,844 CAD
  • Total Interest: 3,844 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,669 CAD
  • Total Interest: 6,669 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)
64.93
  • + tax
  • + fuel
  • + insurance
(or 0.65CAD per km)
Time Analysis
Cost per day: (CAD)
15.78
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
170.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Similar Listings in Toronto

CAD/month x 48 months
2024 Mercedes-Benz Sprinter 2500 (ID: #59521)
687
Toronto, Ontario
2024 Mercedes-Benz

Sprinter 2500 Automatique 2WD

Payment Details
  • Current Payment: 687 CAD/month + tax
  • Original Downpayment: 23,700 CAD
  • Months to End: 48 months (Jul, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,800 km total
  • Available Now: 23,800 km/year (1,983 per month)
See all Details