Payment Analysis
692.96CAD/monthin Toronto, ON
- 692.96 CAD/month
- 319.83 CAD/bi-weekly
- 159.91 CAD/week
- 8,315.52 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 4,286 CAD Remaining Term: 28,411 CAD
Term Paid so Far: 4,851 CAD Residual Value: 29,938 CAD
Cost to Own
Already Paid: 9,137 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 58,349 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: 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
Time Analysis
Cost per day: (CAD)
22.78
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
343.34
- km/week
- without any
- additional costs
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