This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 700 cash
SAVE ~6,800 CAD
CAD/month x 18 months
Transferred/Sold
2020 Mercedes-Benz CLA 250 4Matic (ID: #30556)
606
Toronto, ON
2020 Mercedes-Benz
CLA 250 4Matic Automatic AWD All upgraded packages included (with Intelligent Driving) w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 606 CAD/month + tax
- Cash Incentive: 700 CAD
- Payment After Incentive: 567 CAD/month + tax
- Original Downpayment: 4,397 CAD
- Residual Value: 29,595 CAD
- Months to End: 18 months (Oct, 2023)
Vehicle Status
- Contract Allowance: 17,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 31,444 km/year (2,620 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
Payment Analysis
606.00CAD/monthin Toronto, ON
- 606.00 CAD/month
- 279.69 CAD/bi-weekly
- 139.85 CAD/week
- 7,272.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 684.78 CAD/month
- 316.05 CAD/bi-weekly
- 158.03 CAD/week
- 8,217.36 CAD/year
Estimate Insurance Costs
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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:
6,396 ~ 7,296 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz CLA 250 4MATIC Coupe
- for 24 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 878 |
|---|---|
| This Contract (CAD/month) | 606 |
| Monthly Difference | 272 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 4,896 CAD |
| + Cash Incentive** (CAD) | + 700 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,396 ~ 7,296 |
| ** "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:
39,803 CAD
- Total Vehicle Debt: 61,868 CAD
- Paid so Far: 21,365 CAD (34% Paid)
- Remaining Lease Payments: 10,908 CAD
- Residual Value: 29,595 CAD
- Cash Incentive: 700 CAD
Vehicle Debt & Value
Paid so far: 21,365 CAD Total Vehicle Value: 61,868 CAD
Vehicle Debt Breakdown
Downpayment: 4,397 CAD Remaining Term: 10,908 CAD
Term Paid so Far: 16,968 CAD Residual Value: 29,595 CAD
Cost to Own
Already Paid: 21,365 CAD (34%)
Cash Incentive: 700 CAD Buyout Price Today: 39,803 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: 39,803 CAD
- 4.9%Interest Rate x 48 months
- 915 CAD/month + tax
- Total Payable: 43,912 CAD
- Total Interest: 4,109 CAD
- 8.9%Interest Rate x 48 months
- 989 CAD/month + tax
- Total Payable: 47,453 CAD
- Total Interest: 7,650 CAD
- 14.9%Interest Rate x 48 months
- 1,106 CAD/month + tax
- Total Payable: 53,075 CAD
- Total Interest: 13,272 CAD
At the end of the Lease Contract
Residual Value: 29,595 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 680 CAD/month + tax
- Total Payable: 32,650 CAD
- Total Interest: 3,055 CAD
- 8.9%Interest Rate x 48 months
- 735 CAD/month + tax
- Total Payable: 35,283 CAD
- Total Interest: 5,688 CAD
- 14.9%Interest Rate x 48 months
- 822 CAD/month + tax
- Total Payable: 39,463 CAD
- Total Interest: 9,868 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)
21.64
- + tax
- + fuel
- + insurance
- 23.13CAD/100km (TODAY without the Cash Incentive)
- 42.78CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
18.64
- + tax
- + insurance
- + km driven & fuel
- 19.92CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
604.70
- km/week
- without any
- additional costs
- 326.92km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
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