Payment Analysis

692.96CAD/monthin Toronto, ON
    Before Taxes:
  • 692.96 CAD/month
  • 319.83 CAD/bi-weekly
  • 159.91 CAD/week
  • 8,315.52 CAD/year
Incl. Ontario Taxes (13%):
  • 783.04 CAD/month
  • 361.41 CAD/bi-weekly
  • 180.70 CAD/week
  • 9,396.54 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: 7,626 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C300 Coupe w/ Wheel Scratch Package
  • for 36 months
  • in Ontario
  • $0 down payment
  • 21,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 878
This Contract (CAD/month) 693
Monthly Difference 186 CAD/month
Remaining Term x 41 months
Total Monthly Difference = 7,626 CAD
Total Savings (CAD) = 7,626

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 58,349 CAD
  • Total Vehicle Debt: 67,486 CAD
  • Paid so Far: 9,137 CAD (13% Paid)
  • Remaining Lease Payments: 28,411 CAD
  • Residual Value: 29,938 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,137 CAD Total Vehicle Value: 67,486 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 4,286 CAD Remaining Term: 28,411 CAD
Term Paid so Far: 4,851 CAD Residual Value: 29,938 CAD
6%
7%
42%
45%
Cost to Own
Already Paid: 9,137 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 58,349 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: 58,349 CAD

  • 4.9%Interest Rate x 48 months
  • 1,341 CAD/month + tax
  • Total Payable: 64,373 CAD
  • Total Interest: 6,024 CAD
  • 8.9%Interest Rate x 48 months
  • 1,449 CAD/month + tax
  • Total Payable: 69,564 CAD
  • Total Interest: 11,215 CAD
  • 14.9%Interest Rate x 48 months
  • 1,621 CAD/month + tax
  • Total Payable: 77,805 CAD
  • Total Interest: 19,456 CAD

At the end of the Lease Contract

Residual Value: 29,938 CAD (in 41 months)

  • 4.9%Interest Rate x 48 months
  • 688 CAD/month + tax
  • Total Payable: 33,028 CAD
  • Total Interest: 3,091 CAD
  • 8.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,692 CAD
  • Total Interest: 5,754 CAD
  • 14.9%Interest Rate x 48 months
  • 832 CAD/month + tax
  • Total Payable: 39,920 CAD
  • Total Interest: 9,983 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)
46.58
  • + tax
  • + fuel
  • + insurance
(or 0.47CAD per km)
Time Analysis
Cost per day: (CAD)
22.78
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
343.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Similar Listings in Toronto

+ 3,000 cash
CAD/month x 31 months
2024 BMW M 440xi (ID: #53838)
1,329
TORONTO
2024 BMW

M 440xi Automatique AWD Premium Enhanced, M Sport

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,329 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 1,232 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 37,035 CAD
  • Months to End: 31 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 6,500 km total
  • Available Now: 28,452 km/year (2,371 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
+ 1,000 cash
CAD/month x 50 months
2024 Toyota GR86 Premium (ID: #57281)
630
North York
2024 Toyota

GR86 Premium Manuelle 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 630 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 610 CAD/month + tax
  • Original Downpayment: 1,800 CAD
  • Residual Value: 18,000 CAD
  • Months to End: 50 months (Apr, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,800 km total
  • Available Now: 22,688 km/year (1,891 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 33 months
2024 Hyundai Elantra Preferred (ID: #57195)
408
North York
2024 Hyundai

Elantra Preferred Automatique 2WD Tech Package

Payment Details
  • Current Payment: 408 CAD/month + tax
  • Original Downpayment: 399 CAD
  • Residual Value: 16,724 CAD
  • Months to End: 33 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 4,200 km total
  • Available Now: 17,382 km/year (1,448 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ 1,000 cash
CAD/month x 50 months
2024 Toyota GR 86 Premium (ID: #56897)
630
North York
2024 Toyota

GR 86 Premium Manuelle 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 630 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 610 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 18,000 CAD
  • Months to End: 50 months (Apr, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,000 km total
  • Available Now: 23,040 km/year (1,920 per month)
  • Excess Km Cost: 0.29 CAD/km
See all Details
+ 24,000 cash
CAD/month x 2 months
2018 Porsche 911 Carrera S (ID: #56500)
1,058
Toronto, ON
2018 Porsche

911 Carrera S Automatique 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,058 CAD/month + tax
  • Required Payment: 24,000 CAD
  • Payment Including Incentive: 13,058 CAD/month + tax
  • Original Downpayment: 32,400 CAD
  • Residual Value: 86,685 CAD
  • Months to End: 2 months (Apr, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 65,000 km total
  • Available Now: -30,000 km/year (-2,500 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.30 CAD/km
See all Details
+ 9,000 cash
CAD/month x 25 months
2023 Mercedes-Benz CLS 450 (ID: #55395)
1,995
Toronto
2023 Mercedes-Benz

CLS 450 Automatique AWD Entertainment & Convenience Premium Package + $4,500.00, Entertainment & Convenience Comfort Package + $5,100.00, Performance & Safety Intelligent Drive Package + $3,000.00

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,995 CAD/month + tax
  • Cash Incentive: 9,000 CAD
  • Payment After Incentive: 1,635 CAD/month + tax
  • Residual Value: 42,074 CAD
  • Months to End: 25 months (Mar, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 30,500 km total
  • Available Now: 27,600 km/year (2,300 per month)
See all Details