Payment Analysis

633.00CAD/monthin Toronto, ON
    Before Taxes:
  • 633.00 CAD/month
  • 292.15 CAD/bi-weekly
  • 146.08 CAD/week
  • 7,596.00 CAD/year
Incl. Ontario Taxes (13%):
  • 715.29 CAD/month
  • 330.13 CAD/bi-weekly
  • 165.07 CAD/week
  • 8,583.48 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: 8,800 ~ 9,700 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C300 4M MSRP: $46,400.00
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 883
This Contract (CAD/month) 633
Monthly Difference 250 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 8,000 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,800 ~ 9,700

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,019 CAD
  • Total Vehicle Debt: 56,248 CAD
  • Paid so Far: 8,229 CAD (14% Paid)
  • Remaining Lease Payments: 20,256 CAD
  • Residual Value: 27,763 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,229 CAD Total Vehicle Value: 56,248 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,256 CAD
Term Paid so Far: 8,229 CAD Residual Value: 27,763 CAD
0%
14%
36%
50%
Cost to Own
Already Paid: 8,229 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 48,019 CAD
14% Paid
0%
86%
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: 48,019 CAD

  • 4.9%Interest Rate x 48 months
  • 1,104 CAD/month + tax
  • Total Payable: 52,976 CAD
  • Total Interest: 4,957 CAD
  • 8.9%Interest Rate x 48 months
  • 1,193 CAD/month + tax
  • Total Payable: 57,248 CAD
  • Total Interest: 9,229 CAD
  • 14.9%Interest Rate x 48 months
  • 1,334 CAD/month + tax
  • Total Payable: 64,031 CAD
  • Total Interest: 16,012 CAD

At the end of the Lease Contract

Residual Value: 27,763 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,629 CAD
  • Total Interest: 2,866 CAD
  • 8.9%Interest Rate x 48 months
  • 690 CAD/month + tax
  • Total Payable: 33,099 CAD
  • Total Interest: 5,336 CAD
  • 14.9%Interest Rate x 48 months
  • 771 CAD/month + tax
  • Total Payable: 37,020 CAD
  • Total Interest: 9,257 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)
41.44
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
  • 44.95CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
20.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
352.46
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 325.00km/week (Contract Original back in Aug, 2018)

Seller Contact Info

This Contract was Already Transferred.

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