Payment Analysis
529.72CAD/monthin Toronto, ON
- 529.72 CAD/month
- 244.49 CAD/bi-weekly
- 122.24 CAD/week
- 6,356.64 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,016 CAD
Term Paid so Far: 0 CAD Residual Value: 29,524 CAD
Cost to Own
Already Paid: 0 CAD (0%)
Cash Incentive: 0 CAD Buyout Price Today: 56,540 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: 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
Time Analysis
Cost per day: (CAD)
17.42
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
197.29
- km/week
- without any
- additional costs
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