Mercedes-Benz Lease Takeover in Toronto, ON: 2018 Mercedes-Benz C300 4Matic Automatique AWD ID:#6198 • LeaseCosts Canada

Payment Analysis

552.33CAD/monthin Toronto, ON

Before Taxes:

552.33 CAD/month
254.92 CAD/bi-weekly
127.46 CAD/week
6,627.96 CAD/year

Incl. Ontario Taxes (13%):

624.13 CAD/month
288.06 CAD/bi-weekly
144.03 CAD/week
7,489.59 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: 9,698 CAD

compared to leasing a BRAND NEW:

Mercedes-Benz C300
for 24 months
in Ontario
$0 down payment
12,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	785
This Contract (CAD/month)	552
Monthly Difference	232 CAD/month
Remaining Term	x 39 months
Total Monthly Difference	= 9,048 CAD
+ Cash Incentive** (CAD)	+ 650
Total Savings (CAD)	= 9,698
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,620 CAD

Total Vehicle Debt: 58,032 CAD
Paid so Far: 8,762 CAD (15% Paid)
Remaining Lease Payments: 21,541 CAD
Residual Value: 27,729 CAD
Cash Incentive: 650 CAD

Vehicle Debt & Value

Paid so far: 8,762 CAD Total Vehicle Value: 58,032 CAD

15% Paid

85%

Vehicle Debt Breakdown

Downpayment: 6,000 CAD Remaining Term: 21,541 CAD

Term Paid so Far: 2,762 CAD Residual Value: 27,729 CAD

10%

37%

48%

Cost to Own

Already Paid: 8,762 CAD (15%)

Cash Incentive: 650 CAD Buyout Price Today: 48,620 CAD

15% Paid

84%

Additional Financing Details

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: 48,620 CAD

4.9%Interest Rate x 48 months
1,117 CAD/month + tax
Total Payable: 53,639 CAD
Total Interest: 5,019 CAD

8.9%Interest Rate x 48 months
1,208 CAD/month + tax
Total Payable: 57,965 CAD
Total Interest: 9,345 CAD

14.9%Interest Rate x 48 months
1,351 CAD/month + tax
Total Payable: 64,832 CAD
Total Interest: 16,212 CAD

At the end of the Lease Contract

Residual Value: 27,729 CAD (in 39 months)

4.9%Interest Rate x 48 months
637 CAD/month + tax
Total Payable: 30,592 CAD
Total Interest: 2,863 CAD

8.9%Interest Rate x 48 months
689 CAD/month + tax
Total Payable: 33,059 CAD
Total Interest: 5,330 CAD

14.9%Interest Rate x 48 months
770 CAD/month + tax
Total Payable: 36,975 CAD
Total Interest: 9,246 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)