Payment Analysis

710.00CAD/monthin Vaughan, ON
    Before Taxes:
  • 710.00 CAD/month
  • 327.69 CAD/bi-weekly
  • 163.85 CAD/week
  • 8,520.00 CAD/year
Incl. Ontario Taxes (13%):
  • 802.30 CAD/month
  • 370.29 CAD/bi-weekly
  • 185.15 CAD/week
  • 9,627.60 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: 26,840 CAD
  • Total Vehicle Debt: 62,600 CAD
  • Paid so Far: 30,760 CAD (49% Paid)
  • Remaining Lease Payments: 17,040 CAD
  • Residual Value: 14,800 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 30,760 CAD Total Vehicle Value: 62,600 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 5,200 CAD Remaining Term: 17,040 CAD
Term Paid so Far: 25,560 CAD Residual Value: 14,800 CAD
8%
41%
27%
24%
Cost to Own
Already Paid: 30,760 CAD (49%)
Cash Incentive: 5,000 CAD Buyout Price Today: 26,840 CAD
49% Paid
8%
43%
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: 26,840 CAD

  • 4.9%Interest Rate x 48 months
  • 617 CAD/month + tax
  • Total Payable: 29,611 CAD
  • Total Interest: 2,771 CAD
  • 8.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,999 CAD
  • Total Interest: 5,159 CAD
  • 14.9%Interest Rate x 48 months
  • 746 CAD/month + tax
  • Total Payable: 35,790 CAD
  • Total Interest: 8,950 CAD

At the end of the Lease Contract

Residual Value: 14,800 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 340 CAD/month + tax
  • Total Payable: 16,328 CAD
  • Total Interest: 1,528 CAD
  • 8.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,645 CAD
  • Total Interest: 2,845 CAD
  • 14.9%Interest Rate x 48 months
  • 411 CAD/month + tax
  • Total Payable: 19,735 CAD
  • Total Interest: 4,935 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)
15.05
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 21.30CAD/100km (TODAY without the Cash Incentive)
  • 42.60CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
16.49
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 23.34CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
769.23
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in May, 2018)

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CAD/month x 50 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: 50 months (Jul, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,800 km total
  • Available Now: 22,848 km/year (1,904 per month)
See all Details