Payment Analysis

667.94CAD/monthin Toronto, ON
    Before Taxes:
  • 667.94 CAD/month
  • 308.28 CAD/bi-weekly
  • 154.14 CAD/week
  • 8,015.28 CAD/year
Incl. Ontario Taxes (13%):
  • 754.77 CAD/month
  • 348.36 CAD/bi-weekly
  • 174.18 CAD/week
  • 9,057.27 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: 18,496 ~ 19,796 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz AMG C43 (with the same packages)
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,051
This Contract (CAD/month) 668
Monthly Difference 384 CAD/month
Remaining Term x 44 months
Total Monthly Difference = 16,896 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 18,496 ~ 19,796

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 65,053 CAD
  • Total Vehicle Debt: 70,146 CAD
  • Paid so Far: 5,093 CAD (7% Paid)
  • Remaining Lease Payments: 29,389 CAD
  • Residual Value: 35,664 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,093 CAD Total Vehicle Value: 70,146 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 4,425 CAD Remaining Term: 29,389 CAD
Term Paid so Far: 668 CAD Residual Value: 35,664 CAD
6%
1%
42%
51%
Cost to Own
Already Paid: 5,093 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 65,053 CAD
7% Paid
0%
93%
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: 65,053 CAD

  • 4.9%Interest Rate x 48 months
  • 1,495 CAD/month + tax
  • Total Payable: 71,769 CAD
  • Total Interest: 6,716 CAD
  • 8.9%Interest Rate x 48 months
  • 1,616 CAD/month + tax
  • Total Payable: 77,557 CAD
  • Total Interest: 12,503 CAD
  • 14.9%Interest Rate x 48 months
  • 1,807 CAD/month + tax
  • Total Payable: 86,745 CAD
  • Total Interest: 21,692 CAD

At the end of the Lease Contract

Residual Value: 35,664 CAD (in 44 months)

  • 4.9%Interest Rate x 48 months
  • 820 CAD/month + tax
  • Total Payable: 39,345 CAD
  • Total Interest: 3,682 CAD
  • 8.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,518 CAD
  • Total Interest: 6,855 CAD
  • 14.9%Interest Rate x 48 months
  • 991 CAD/month + tax
  • Total Payable: 47,556 CAD
  • Total Interest: 11,892 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)
47.40
  • + tax
  • + fuel
  • + insurance
(or 0.47CAD per km)
Time Analysis
Cost per day: (CAD)
21.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
325.17
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

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