Payment Analysis
507.08CAD/monthin Toronto, ON
- 507.08 CAD/month
- 234.04 CAD/bi-weekly
- 117.02 CAD/week
- 6,084.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 573.00 CAD/month
- 264.46 CAD/bi-weekly
- 132.23 CAD/week
- 6,876.00 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:
5,791 ~ 6,691 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) | 724 |
|---|---|
| This Contract (CAD/month) | 507 |
| Monthly Difference | 217 CAD/month |
| Remaining Term | x 23 months |
| Total Monthly Difference | = 4,991 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,791 ~ 6,691 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
34,010 CAD
- Total Vehicle Debt: 42,123 CAD
- Paid so Far: 8,113 CAD (19% Paid)
- Remaining Lease Payments: 11,663 CAD
- Residual Value: 22,347 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,113 CAD Total Vehicle Value: 42,123 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,663 CAD
Term Paid so Far: 8,113 CAD Residual Value: 22,347 CAD
Cost to Own
Already Paid: 8,113 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 34,010 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: 34,010 CAD
- 4.9%Interest Rate x 48 months
- 782 CAD/month + tax
- Total Payable: 37,521 CAD
- Total Interest: 3,511 CAD
- 8.9%Interest Rate x 48 months
- 845 CAD/month + tax
- Total Payable: 40,547 CAD
- Total Interest: 6,537 CAD
- 14.9%Interest Rate x 48 months
- 945 CAD/month + tax
- Total Payable: 45,350 CAD
- Total Interest: 11,340 CAD
At the end of the Lease Contract
Residual Value: 22,347 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 514 CAD/month + tax
- Total Payable: 24,654 CAD
- Total Interest: 2,307 CAD
- 8.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,642 CAD
- Total Interest: 4,295 CAD
- 14.9%Interest Rate x 48 months
- 621 CAD/month + tax
- Total Payable: 29,798 CAD
- Total Interest: 7,451 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)
22.56
- + tax
- + fuel
- + insurance
- 30.42CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
16.67
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
518.60
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2019)
Seller Contact Info
This Contract was Already Transferred.
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