Payment Analysis
536.50CAD/monthin Toronto, ON
- 536.50 CAD/month
- 247.62 CAD/bi-weekly
- 123.81 CAD/week
- 6,438.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 606.25 CAD/month
- 279.81 CAD/bi-weekly
- 139.90 CAD/week
- 7,274.94 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:
3,826 ~ 4,726 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz A 220 4MATIC Sedan
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 714 |
|---|---|
| This Contract (CAD/month) | 537 |
| Monthly Difference | 178 CAD/month |
| Remaining Term | x 17 months |
| Total Monthly Difference | = 3,026 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,826 ~ 4,726 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
32,621 CAD
- Total Vehicle Debt: 49,106 CAD
- Paid so Far: 16,486 CAD (33% Paid)
- Remaining Lease Payments: 9,121 CAD
- Residual Value: 23,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,486 CAD Total Vehicle Value: 49,106 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 9,121 CAD
Term Paid so Far: 14,486 CAD Residual Value: 23,500 CAD
Cost to Own
Already Paid: 16,486 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 32,621 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: 32,621 CAD
- 4.9%Interest Rate x 48 months
- 750 CAD/month + tax
- Total Payable: 35,988 CAD
- Total Interest: 3,368 CAD
- 8.9%Interest Rate x 48 months
- 810 CAD/month + tax
- Total Payable: 38,890 CAD
- Total Interest: 6,270 CAD
- 14.9%Interest Rate x 48 months
- 906 CAD/month + tax
- Total Payable: 43,498 CAD
- Total Interest: 10,877 CAD
At the end of the Lease Contract
Residual Value: 23,500 CAD (in 17 months)
- 4.9%Interest Rate x 48 months
- 540 CAD/month + tax
- Total Payable: 25,926 CAD
- Total Interest: 2,426 CAD
- 8.9%Interest Rate x 48 months
- 584 CAD/month + tax
- Total Payable: 28,017 CAD
- Total Interest: 4,517 CAD
- 14.9%Interest Rate x 48 months
- 653 CAD/month + tax
- Total Payable: 31,336 CAD
- Total Interest: 7,836 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)
19.17
- + tax
- + fuel
- + insurance
- 32.19CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
17.64
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
646.01
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2019)
Seller Contact Info
This Contract was Already Transferred.
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