Payment Analysis
754.75CAD/monthin Scarborough, ON
- 754.75 CAD/month
- 348.35 CAD/bi-weekly
- 174.17 CAD/week
- 9,057.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 852.87 CAD/month
- 393.63 CAD/bi-weekly
- 196.82 CAD/week
- 10,234.41 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:
15,611 ~ 16,911 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLC300 4matic
- for 24 months
- in Ontario
- $0 down payment
- 12,000 km/year
Leasing New (CAD/month) | 1,234 |
---|---|
This Contract (CAD/month) | 755 |
Monthly Difference | 479 CAD/month |
Remaining Term | x 28 months |
Total Monthly Difference | = 13,412 CAD |
+ Cash Incentive** (CAD) | + 599 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 15,611 ~ 16,911 |
** "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:
47,034 CAD
- Total Vehicle Debt: 65,464 CAD
- Paid so Far: 17,831 CAD (27% Paid)
- Remaining Lease Payments: 21,133 CAD
- Residual Value: 26,500 CAD
- Cash Incentive: 599 CAD
Vehicle Debt & Value
Paid so far: 17,831 CAD Total Vehicle Value: 65,464 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 21,133 CAD
Term Paid so Far: 12,831 CAD Residual Value: 26,500 CAD
Cost to Own
Already Paid: 17,831 CAD (27%)
Cash Incentive: 599 CAD Buyout Price Today: 47,034 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: 47,034 CAD
- 4.9%Interest Rate x 48 months
- 1,081 CAD/month + tax
- Total Payable: 51,889 CAD
- Total Interest: 4,855 CAD
- 8.9%Interest Rate x 48 months
- 1,168 CAD/month + tax
- Total Payable: 56,074 CAD
- Total Interest: 9,040 CAD
- 14.9%Interest Rate x 48 months
- 1,307 CAD/month + tax
- Total Payable: 62,717 CAD
- Total Interest: 15,683 CAD
At the end of the Lease Contract
Residual Value: 26,500 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 609 CAD/month + tax
- Total Payable: 29,236 CAD
- Total Interest: 2,736 CAD
- 8.9%Interest Rate x 48 months
- 658 CAD/month + tax
- Total Payable: 31,593 CAD
- Total Interest: 5,093 CAD
- 14.9%Interest Rate x 48 months
- 736 CAD/month + tax
- Total Payable: 35,336 CAD
- Total Interest: 8,836 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)
36.15
- + tax
- + fuel
- + insurance
- 37.20CAD/100km (TODAY without the Cash Incentive)
- 50.32CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
24.11
- + tax
- + insurance
- + km driven & fuel
- 24.81CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
468.17
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Mar, 2018)
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Payment Details
- Current Payment: 678 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 595 CAD/month + tax
- Residual Value: 34,450 CAD
- Months to End: 12 months (May, 2025)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 72,000 km total
- Available Now: 22,000 km/year (1,833 per month)
Deal Special Perks
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Payment Details
- Current Payment: 1,443 CAD/month + tax
- Required Payment: 6,000 CAD
- Payment Including Incentive: 1,871 CAD/month + tax
- Original Downpayment: 12,399 CAD
- Residual Value: 45,150 CAD
- Months to End: 14 months (Jul, 2025)
Vehicle Status
- Contract Allowance: 17,454 km/year
- Current Odometer: 16,000 km total
- Available Now: 31,167 km/year (2,597 per month)
- Excess Km Cost: 0.25 CAD/km
+ 7,000 cash
SAVE ~10,200 CAD
2023 BMW
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Payment Details
- Current Payment: 952 CAD/month + tax
- Cash Incentive: 7,000 CAD
- Payment After Incentive: 772 CAD/month + tax
- Residual Value: 28,175 CAD
- Months to End: 39 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 15,038 km total
- Available Now: 15,065 km/year (1,255 per month)
- Excess Km Cost: 0.15 CAD/km
Deal Special Perks
+ 2,000 cash
SAVE ~21,600 CAD
2022 BMW
X5 M50 Automatique AWD Premium Package, Technology Package
Payment Details
- Current Payment: 1,837 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 1,742 CAD/month + tax
- Residual Value: 45,448 CAD
- Months to End: 21 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 28,000 km total
- Available Now: 29,714 km/year (2,476 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
SAVE ~3,800 CAD
2022 Nissan
Rouge Platinum Automatique AWD Tricare Hazard Protect
Payment Details
- Current Payment: 745 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
- Months to End: 39 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 24,718 km/year (2,060 per month)
Deal Special Perks
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SAVE ~-5,900 CAD
2022 Acura
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Payment Details
- Current Payment: 478 CAD/month + tax
- Required Payment: 30,000 CAD
- Payment Including Incentive: 1,728 CAD/month + tax
- Original Downpayment: 32,000 CAD
- Residual Value: 18,720 CAD
- Months to End: 24 months (May, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 24,644 km total
- Available Now: 35,678 km/year (2,973 per month)