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: 30,390 CAD
  • Total Vehicle Debt: 62,600 CAD
  • Paid so Far: 27,210 CAD (43% Paid)
  • Remaining Lease Payments: 20,590 CAD
  • Residual Value: 14,800 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 27,210 CAD Total Vehicle Value: 62,600 CAD
43% Paid
57%
Vehicle Debt Breakdown
Downpayment: 5,200 CAD Remaining Term: 20,590 CAD
Term Paid so Far: 22,010 CAD Residual Value: 14,800 CAD
8%
35%
33%
24%
Cost to Own
Already Paid: 27,210 CAD (43%)
Cash Incentive: 5,000 CAD Buyout Price Today: 30,390 CAD
43% Paid
8%
49%
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: 30,390 CAD

  • 4.9%Interest Rate x 48 months
  • 698 CAD/month + tax
  • Total Payable: 33,527 CAD
  • Total Interest: 3,137 CAD
  • 8.9%Interest Rate x 48 months
  • 755 CAD/month + tax
  • Total Payable: 36,231 CAD
  • Total Interest: 5,841 CAD
  • 14.9%Interest Rate x 48 months
  • 844 CAD/month + tax
  • Total Payable: 40,523 CAD
  • Total Interest: 10,133 CAD

At the end of the Lease Contract

Residual Value: 14,800 CAD (in 29 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)
19.49
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 25.74CAD/100km (TODAY without the Cash Incentive)
  • 42.60CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
17.67
  • + 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:
636.60
  • 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 45 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: 45 months (Jul, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,800 km total
  • Available Now: 25,387 km/year (2,116 per month)
See all Details