Payment Analysis

529.72CAD/monthin Toronto, ON
    Before Taxes:
  • 529.72 CAD/month
  • 244.49 CAD/bi-weekly
  • 122.24 CAD/week
  • 6,356.64 CAD/year
Incl. Ontario Taxes (13%):
  • 598.58 CAD/month
  • 276.27 CAD/bi-weekly
  • 138.13 CAD/week
  • 7,183.00 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: 22,542 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C300 4MATIC
  • for 24 months
  • in Ontario
  • $0 down payment
  • 30,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 971
This Contract (CAD/month) 530
Monthly Difference 442 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 22,542 CAD
Total Savings (CAD) = 22,542

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 56,540 CAD
  • Total Vehicle Debt: 56,540 CAD
  • Paid so Far: 0 CAD (0% Paid)
  • Remaining Lease Payments: 27,016 CAD
  • Residual Value: 29,524 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 0 CAD Total Vehicle Value: 56,540 CAD
0% Paid
100%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,016 CAD
Term Paid so Far: 0 CAD Residual Value: 29,524 CAD
0%
0%
47%
53%
Cost to Own
Already Paid: 0 CAD (0%)
Cash Incentive: 0 CAD Buyout Price Today: 56,540 CAD
0% Paid
0%
100%
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: 56,540 CAD

  • 4.9%Interest Rate x 48 months
  • 1,300 CAD/month + tax
  • Total Payable: 62,376 CAD
  • Total Interest: 5,837 CAD
  • 8.9%Interest Rate x 48 months
  • 1,404 CAD/month + tax
  • Total Payable: 67,407 CAD
  • Total Interest: 10,867 CAD
  • 14.9%Interest Rate x 48 months
  • 1,571 CAD/month + tax
  • Total Payable: 75,393 CAD
  • Total Interest: 18,853 CAD

At the end of the Lease Contract

Residual Value: 29,524 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 679 CAD/month + tax
  • Total Payable: 32,572 CAD
  • Total Interest: 3,048 CAD
  • 8.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,199 CAD
  • Total Interest: 5,675 CAD
  • 14.9%Interest Rate x 48 months
  • 820 CAD/month + tax
  • Total Payable: 39,369 CAD
  • Total Interest: 9,845 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)
61.96
  • + tax
  • + fuel
  • + insurance
(or 0.62CAD per km)
Time Analysis
Cost per day: (CAD)
17.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
197.29
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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