Payment Analysis

793.61CAD/monthin Toronto, ON
    Before Taxes:
  • 793.61 CAD/month
  • 366.28 CAD/bi-weekly
  • 183.14 CAD/week
  • 9,523.32 CAD/year
Incl. Ontario Taxes (13%):
  • 896.78 CAD/month
  • 413.90 CAD/bi-weekly
  • 206.95 CAD/week
  • 10,761.35 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: 36,024 ~ 36,924 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C 300 4MATIC Coupe w/ Intelligent Drive Package + Premium Package + Premium Plus Package + Technology Package + Sport Package +
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,745
This Contract (CAD/month) 794
Monthly Difference 952 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 35,224 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 36,024 ~ 36,924

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 62,336 CAD
  • Total Vehicle Debt: 72,171 CAD
  • Paid so Far: 9,835 CAD (13% Paid)
  • Remaining Lease Payments: 29,364 CAD
  • Residual Value: 32,972 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,835 CAD Total Vehicle Value: 72,171 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 3,486 CAD Remaining Term: 29,364 CAD
Term Paid so Far: 6,349 CAD Residual Value: 32,972 CAD
4%
9%
40%
47%
Cost to Own
Already Paid: 9,835 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 62,336 CAD
13% Paid
0%
87%
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: 62,336 CAD

  • 4.9%Interest Rate x 48 months
  • 1,433 CAD/month + tax
  • Total Payable: 68,771 CAD
  • Total Interest: 6,435 CAD
  • 8.9%Interest Rate x 48 months
  • 1,548 CAD/month + tax
  • Total Payable: 74,317 CAD
  • Total Interest: 11,981 CAD
  • 14.9%Interest Rate x 48 months
  • 1,732 CAD/month + tax
  • Total Payable: 83,121 CAD
  • Total Interest: 20,785 CAD

At the end of the Lease Contract

Residual Value: 32,972 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 758 CAD/month + tax
  • Total Payable: 36,376 CAD
  • Total Interest: 3,404 CAD
  • 8.9%Interest Rate x 48 months
  • 819 CAD/month + tax
  • Total Payable: 39,309 CAD
  • Total Interest: 6,337 CAD
  • 14.9%Interest Rate x 48 months
  • 916 CAD/month + tax
  • Total Payable: 43,966 CAD
  • Total Interest: 10,994 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)
54.22
  • + tax
  • + fuel
  • + insurance
(or 0.54CAD per km)
Time Analysis
Cost per day: (CAD)
26.09
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
337.80
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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