Payment Analysis
667.94CAD/monthin Toronto, ON
- 667.94 CAD/month
- 308.28 CAD/bi-weekly
- 154.14 CAD/week
- 8,015.28 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 4,425 CAD Remaining Term: 29,389 CAD
Term Paid so Far: 668 CAD Residual Value: 35,664 CAD
Cost to Own
Already Paid: 5,093 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 65,053 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: 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
Time Analysis
Cost per day: (CAD)
21.96
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
325.17
- km/week
- without any
- additional costs
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