Mercedes-Benz Lease Takeover in Toronto, ON: 2018 Mercedes-Benz AMG E 43 Automatique AWD ID:#15934 • LeaseCosts Canada

Payment Analysis

1,365.00CAD/monthin Toronto, ON

Before Taxes:

1,365.00 CAD/month
630.00 CAD/bi-weekly
315.00 CAD/week
16,380.00 CAD/year

Incl. Ontario Taxes (13%):

1,542.45 CAD/month
711.90 CAD/bi-weekly
355.95 CAD/week
18,509.40 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: 50,666 ~ 51,966 CAD

compared to leasing a BRAND NEW:

Mercedes-Benz E53A4M
for 12 months
in Ontario
$0 down payment
32,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	2,583
This Contract (CAD/month)	1,365
Monthly Difference	1,218 CAD/month
Remaining Term	x 37 months
Total Monthly Difference	= 45,066 CAD
+ Cash Incentive** (CAD)	+ 4,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 50,666 ~ 51,966
	** "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: 93,161 CAD

Total Vehicle Debt: 110,581 CAD
Paid so Far: 13,420 CAD (12% Paid)
Remaining Lease Payments: 50,505 CAD
Residual Value: 46,656 CAD
Cash Incentive: 4,000 CAD

Vehicle Debt & Value

Paid so far: 13,420 CAD Total Vehicle Value: 110,581 CAD

12% Paid

88%

Vehicle Debt Breakdown

Downpayment: 2,500 CAD Remaining Term: 50,505 CAD

Term Paid so Far: 10,920 CAD Residual Value: 46,656 CAD

10%

45%

43%

Cost to Own

Already Paid: 13,420 CAD (12%)

Cash Incentive: 4,000 CAD Buyout Price Today: 93,161 CAD

12% Paid

85%

Additional Financing Details

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: 93,161 CAD

4.9%Interest Rate x 48 months
2,141 CAD/month + tax
Total Payable: 102,778 CAD
Total Interest: 9,617 CAD

8.9%Interest Rate x 48 months
2,314 CAD/month + tax
Total Payable: 111,067 CAD
Total Interest: 17,906 CAD

14.9%Interest Rate x 48 months
2,588 CAD/month + tax
Total Payable: 124,225 CAD
Total Interest: 31,064 CAD

At the end of the Lease Contract

Residual Value: 46,656 CAD (in 37 months)

4.9%Interest Rate x 48 months
1,072 CAD/month + tax
Total Payable: 51,472 CAD
Total Interest: 4,816 CAD

8.9%Interest Rate x 48 months
1,159 CAD/month + tax
Total Payable: 55,623 CAD
Total Interest: 8,967 CAD

14.9%Interest Rate x 48 months
1,296 CAD/month + tax
Total Payable: 62,213 CAD
Total Interest: 15,557 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)