Payment Analysis
476.11CAD/monthin Richmond Hill, ON
- 476.11 CAD/month
- 219.74 CAD/bi-weekly
- 109.87 CAD/week
- 5,713.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 538.00 CAD/month
- 248.31 CAD/bi-weekly
- 124.15 CAD/week
- 6,456.05 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:
5,090 ~ 5,990 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA250 4Matic
- for 36 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 606 |
|---|---|
| This Contract (CAD/month) | 476 |
| Monthly Difference | 130 CAD/month |
| Remaining Term | x 33 months |
| Total Monthly Difference | = 4,290 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,090 ~ 5,990 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
36,745 CAD
- Total Vehicle Debt: 41,982 CAD
- Paid so Far: 5,237 CAD (12% Paid)
- Remaining Lease Payments: 15,712 CAD
- Residual Value: 21,034 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,237 CAD Total Vehicle Value: 41,982 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,712 CAD
Term Paid so Far: 5,237 CAD Residual Value: 21,034 CAD
Cost to Own
Already Paid: 5,237 CAD (12%)
Cash Incentive: 0 CAD Buyout Price Today: 36,745 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: 36,745 CAD
- 4.9%Interest Rate x 48 months
- 845 CAD/month + tax
- Total Payable: 40,539 CAD
- Total Interest: 3,793 CAD
- 8.9%Interest Rate x 48 months
- 913 CAD/month + tax
- Total Payable: 43,808 CAD
- Total Interest: 7,063 CAD
- 14.9%Interest Rate x 48 months
- 1,021 CAD/month + tax
- Total Payable: 48,998 CAD
- Total Interest: 12,252 CAD
At the end of the Lease Contract
Residual Value: 21,034 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 483 CAD/month + tax
- Total Payable: 23,205 CAD
- Total Interest: 2,171 CAD
- 8.9%Interest Rate x 48 months
- 522 CAD/month + tax
- Total Payable: 25,076 CAD
- Total Interest: 4,043 CAD
- 14.9%Interest Rate x 48 months
- 584 CAD/month + tax
- Total Payable: 28,047 CAD
- Total Interest: 7,014 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)
28.52
- + tax
- + fuel
- + insurance
- 31.70CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
15.65
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
385.23
- km/week
- without any
- additional costs
- 346.62km/week (Contract Original back in May, 2018)
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