Payment Analysis
600.00CAD/monthin Toronto, ON
- 600.00 CAD/month
- 276.92 CAD/bi-weekly
- 138.46 CAD/week
- 7,200.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 678.00 CAD/month
- 312.92 CAD/bi-weekly
- 156.46 CAD/week
- 8,136.00 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:
6,006 CAD
compared to leasing a BRAND NEW:
- Sprinter Passenger Van 1500 High Roof
- for 36 months
- in Ontario
- $0 down payment
- 40,000 km/year
| Leasing New (CAD/month) | 1,030 |
|---|---|
| This Contract (CAD/month) | 600 |
| Monthly Difference | 429 CAD/month |
| Remaining Term | x 14 months |
| Total Monthly Difference | = 6,006 CAD |
| Total Savings (CAD) | = 6,006 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
23,400 CAD
- Total Vehicle Debt: 58,000 CAD
- Paid so Far: 34,600 CAD (59% Paid)
- Remaining Lease Payments: 8,400 CAD
- Residual Value: 15,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 34,600 CAD Total Vehicle Value: 58,000 CAD
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 8,400 CAD
Term Paid so Far: 27,600 CAD Residual Value: 15,000 CAD
Cost to Own
Already Paid: 34,600 CAD (59%)
Cash Incentive: 0 CAD Buyout Price Today: 23,400 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: 23,400 CAD
- 4.9%Interest Rate x 48 months
- 538 CAD/month + tax
- Total Payable: 25,816 CAD
- Total Interest: 2,416 CAD
- 8.9%Interest Rate x 48 months
- 581 CAD/month + tax
- Total Payable: 27,898 CAD
- Total Interest: 4,498 CAD
- 14.9%Interest Rate x 48 months
- 650 CAD/month + tax
- Total Payable: 31,203 CAD
- Total Interest: 7,803 CAD
At the end of the Lease Contract
Residual Value: 15,000 CAD (in 14 months)
- 4.9%Interest Rate x 48 months
- 345 CAD/month + tax
- Total Payable: 16,548 CAD
- Total Interest: 1,548 CAD
- 8.9%Interest Rate x 48 months
- 373 CAD/month + tax
- Total Payable: 17,883 CAD
- Total Interest: 2,883 CAD
- 14.9%Interest Rate x 48 months
- 417 CAD/month + tax
- Total Payable: 20,002 CAD
- Total Interest: 5,002 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)
4.31
- + tax
- + fuel
- + insurance
- 18.00CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
19.73
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
3,214.29
- km/week
- without any
- additional costs
- 769.23km/week (Contract Original back in Feb, 2019)
Seller Contact Info
This Contract was Already Transferred.
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2024 Mercedes-Benz
Sprinter 2500 Automatique 2WD
Payment Details
- Current Payment: 687 CAD/month + tax
- Original Downpayment: 23,700 CAD
- Months to End: 51 months (Jul, 2029)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 4,800 km total
- Available Now: 22,400 km/year (1,867 per month)
