Payment Analysis
1,473.96CAD/monthin Toronto, ON
- 1,473.96 CAD/month
- 680.29 CAD/bi-weekly
- 340.14 CAD/week
- 17,687.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,665.57 CAD/month
- 768.73 CAD/bi-weekly
- 384.36 CAD/week
- 19,986.90 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:
25,360 ~ 26,660 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLS530 4Matic Coupe
- for 24 months
- in Ontario
- $0 down payment
- 27,000 km/year
Leasing New (CAD/month) | 1,905 |
---|---|
This Contract (CAD/month) | 1,474 |
Monthly Difference | 432 CAD/month |
Remaining Term | x 55 months |
Total Monthly Difference | = 23,760 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 25,360 ~ 26,660 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
125,343 CAD
- Total Vehicle Debt: 97,338 CAD
- Paid so Far: -28,005 CAD (-29% Paid)
- Remaining Lease Payments: 81,068 CAD
- Residual Value: 44,275 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -28,005 CAD Total Vehicle Value: 97,338 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 81,068 CAD
Term Paid so Far: -28,005 CAD Residual Value: 44,275 CAD
Cost to Own
Already Paid: -28,005 CAD (-29%)
Cash Incentive: 0 CAD Buyout Price Today: 125,343 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: 125,343 CAD
- 4.9%Interest Rate x 48 months
- 2,881 CAD/month + tax
- Total Payable: 138,282 CAD
- Total Interest: 12,940 CAD
- 8.9%Interest Rate x 48 months
- 3,113 CAD/month + tax
- Total Payable: 149,434 CAD
- Total Interest: 24,091 CAD
- 14.9%Interest Rate x 48 months
- 3,482 CAD/month + tax
- Total Payable: 167,138 CAD
- Total Interest: 41,795 CAD
At the end of the Lease Contract
Residual Value: 44,275 CAD (in 55 months)
- 4.9%Interest Rate x 48 months
- 1,018 CAD/month + tax
- Total Payable: 48,846 CAD
- Total Interest: 4,571 CAD
- 8.9%Interest Rate x 48 months
- 1,100 CAD/month + tax
- Total Payable: 52,785 CAD
- Total Interest: 8,510 CAD
- 14.9%Interest Rate x 48 months
- 1,230 CAD/month + tax
- Total Payable: 59,038 CAD
- Total Interest: 14,763 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)
205.23
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
48.46
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
165.73
- km/week
- without any
- additional costs
Similar Listings in Toronto
+ 5,000 cash
2024 Audi
S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca
Payment Details
- Current Payment: 1,024 CAD/month + tax
- Cash Incentive: 5,000 CAD
- Payment After Incentive: 863 CAD/month + tax
- Months to End: 31 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 14,393 km total
- Available Now: 19,203 km/year (1,600 per month)
2022 Polestar
Polestar 2 Automatique AWD
Payment Details
- Current Payment: 1,120 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Months to End: 28 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 50,000 km/year
- Current Odometer: 49,000 km total
- Available Now: 84,357 km/year (7,030 per month)
2021 Infiniti
Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 680 CAD/month + tax
- Months to End: 8 months (Dec, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 46,000 km total
- Available Now: 27,000 km/year (2,250 per month)
- Please note that this contract ends in less than a year.
+ 3,000 cash
2022 Toyota
Camry SE Automatique 2WD
Payment Details
- Current Payment: 482 CAD/month + tax
- Required Payment: 3,000 CAD
- Payment Including Incentive: 602 CAD/month + tax
- Residual Value: 12,254 CAD
- Months to End: 25 months (May, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 43,000 km total
- Available Now: 27,360 km/year (2,280 per month)
- Excess Km Cost: 0.10 CAD/km
2023 Genesis
G80 2.5T Advanced AWD Automatique AWD
Payment Details
- Current Payment: 690 CAD/month + tax
- Original Downpayment: 5,000 CAD
- Months to End: 49 months (May, 2029)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 26,000 km total
- Available Now: 17,714 km/year (1,476 per month)
+ 5,000 cash
2023 Audi
S5 3.0L Quattro Technik Sportback Automatique AWD
Payment Details
- Current Payment: 1,379 CAD/month + tax
- Cash Incentive: 5,000 CAD
- Payment After Incentive: 1,085 CAD/month + tax
- Residual Value: 40,836 CAD
- Months to End: 17 months (Oct, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 68,635 km total
- Available Now: 8,022 km/year (669 per month)