Payment Analysis

704.00CAD/monthin Toronto, ON
    Before Taxes:
  • 704.00 CAD/month
  • 324.92 CAD/bi-weekly
  • 162.46 CAD/week
  • 8,448.00 CAD/year
Incl. Ontario Taxes (13%):
  • 795.52 CAD/month
  • 367.16 CAD/bi-weekly
  • 183.58 CAD/week
  • 9,546.24 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: 18,250 ~ 19,550 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C 300 4MATIC Coupe
  • for 24 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 970
This Contract (CAD/month) 704
Monthly Difference 266 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 6,650 CAD
+ Cash Incentive** (CAD) + 10,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 18,250 ~ 19,550
** "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: 31,100 CAD
  • Total Vehicle Debt: 48,804 CAD
  • Paid so Far: 7,704 CAD (15% Paid)
  • Remaining Lease Payments: 17,600 CAD
  • Residual Value: 23,500 CAD
  • Cash Incentive: 10,000 CAD
Vehicle Debt & Value
Paid so far: 7,704 CAD Total Vehicle Value: 48,804 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 17,600 CAD
Term Paid so Far: 704 CAD Residual Value: 23,500 CAD
13%
2%
36%
49%
Cost to Own
Already Paid: 7,704 CAD (15%)
Cash Incentive: 10,000 CAD Buyout Price Today: 31,100 CAD
15% Paid
20%
65%
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: 31,100 CAD

  • 4.9%Interest Rate x 48 months
  • 715 CAD/month + tax
  • Total Payable: 34,311 CAD
  • Total Interest: 3,211 CAD
  • 8.9%Interest Rate x 48 months
  • 772 CAD/month + tax
  • Total Payable: 37,078 CAD
  • Total Interest: 5,978 CAD
  • 14.9%Interest Rate x 48 months
  • 864 CAD/month + tax
  • Total Payable: 41,470 CAD
  • Total Interest: 10,370 CAD

At the end of the Lease Contract

Residual Value: 23,500 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 540 CAD/month + tax
  • Total Payable: 25,926 CAD
  • Total Interest: 2,426 CAD
  • 8.9%Interest Rate x 48 months
  • 584 CAD/month + tax
  • Total Payable: 28,017 CAD
  • Total Interest: 4,517 CAD
  • 14.9%Interest Rate x 48 months
  • 653 CAD/month + tax
  • Total Payable: 31,336 CAD
  • Total Interest: 7,836 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)
27.37
  • + tax
  • + fuel
  • + insurance
(inlcuding the 10,000CAD incentive)
  • 63.39CAD/100km (TODAY without the Cash Incentive)
  • 64.98CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
9.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 10,000CAD incentive)
  • 23.15CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
256.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 250.00km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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