Payment Analysis

552.33CAD/monthin Toronto, ON
    Before Taxes:
  • 552.33 CAD/month
  • 254.92 CAD/bi-weekly
  • 127.46 CAD/week
  • 6,627.96 CAD/year
Incl. Ontario Taxes (13%):
  • 624.13 CAD/month
  • 288.06 CAD/bi-weekly
  • 144.03 CAD/week
  • 7,489.59 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: 12,482 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C300
  • for 24 months
  • in Ontario
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 785
This Contract (CAD/month) 552
Monthly Difference 232 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 11,832 CAD
+ Cash Incentive** (CAD) + 650
Total Savings (CAD) = 12,482
** "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: 55,248 CAD
  • Total Vehicle Debt: 58,032 CAD
  • Paid so Far: 2,134 CAD (3% Paid)
  • Remaining Lease Payments: 28,169 CAD
  • Residual Value: 27,729 CAD
  • Cash Incentive: 650 CAD
Vehicle Debt & Value
Paid so far: 2,134 CAD Total Vehicle Value: 58,032 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 6,000 CAD Remaining Term: 28,169 CAD
Term Paid so Far: -3,866 CAD Residual Value: 27,729 CAD
8%
-5%
48%
49%
Cost to Own
Already Paid: 2,134 CAD (3%)
Cash Incentive: 650 CAD Buyout Price Today: 55,248 CAD
3% Paid
1%
96%
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: 55,248 CAD

  • 4.9%Interest Rate x 48 months
  • 1,270 CAD/month + tax
  • Total Payable: 60,951 CAD
  • Total Interest: 5,703 CAD
  • 8.9%Interest Rate x 48 months
  • 1,372 CAD/month + tax
  • Total Payable: 65,867 CAD
  • Total Interest: 10,619 CAD
  • 14.9%Interest Rate x 48 months
  • 1,535 CAD/month + tax
  • Total Payable: 73,670 CAD
  • Total Interest: 18,422 CAD

At the end of the Lease Contract

Residual Value: 27,729 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 637 CAD/month + tax
  • Total Payable: 30,592 CAD
  • Total Interest: 2,863 CAD
  • 8.9%Interest Rate x 48 months
  • 689 CAD/month + tax
  • Total Payable: 33,059 CAD
  • Total Interest: 5,330 CAD
  • 14.9%Interest Rate x 48 months
  • 770 CAD/month + tax
  • Total Payable: 36,975 CAD
  • Total Interest: 9,246 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)
114.66
  • + tax
  • + fuel
  • + insurance
(inlcuding the 650CAD incentive)
Time Analysis
Cost per day: (CAD)
17.74
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 650CAD incentive)
Remaining Km
Can be driven up to:
108.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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