Payment Analysis

690.00CAD/monthin Calgary, AB
    Before Taxes:
  • 690.00 CAD/month
  • 318.46 CAD/bi-weekly
  • 159.23 CAD/week
  • 8,280.00 CAD/year
Incl. Alberta Taxes (5%):
  • 724.50 CAD/month
  • 334.38 CAD/bi-weekly
  • 167.19 CAD/week
  • 8,694.00 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: 7,942 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLC 300 COUPE Automatic AWD w/ Premium package + Premium plus package + Night Package & Technology package
  • for 24 months
  • in AB
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,108
This Contract (CAD/month) 690
Monthly Difference 418 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 7,942 CAD
Total Savings (CAD) = 7,942

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,110 CAD
  • Total Vehicle Debt: 70,050 CAD
  • Paid so Far: 24,940 CAD (35% Paid)
  • Remaining Lease Payments: 13,110 CAD
  • Residual Value: 32,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,940 CAD Total Vehicle Value: 70,050 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 13,110 CAD
Term Paid so Far: 17,940 CAD Residual Value: 32,000 CAD
9%
26%
18%
47%
Cost to Own
Already Paid: 24,940 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 45,110 CAD
35% Paid
0%
65%
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: 45,110 CAD

  • 4.9%Interest Rate x 48 months
  • 1,037 CAD/month + tax
  • Total Payable: 49,767 CAD
  • Total Interest: 4,657 CAD
  • 8.9%Interest Rate x 48 months
  • 1,120 CAD/month + tax
  • Total Payable: 53,780 CAD
  • Total Interest: 8,670 CAD
  • 14.9%Interest Rate x 48 months
  • 1,253 CAD/month + tax
  • Total Payable: 60,152 CAD
  • Total Interest: 15,042 CAD

At the end of the Lease Contract

Residual Value: 32,000 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 735 CAD/month + tax
  • Total Payable: 35,303 CAD
  • Total Interest: 3,303 CAD
  • 8.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,151 CAD
  • Total Interest: 6,151 CAD
  • 14.9%Interest Rate x 48 months
  • 889 CAD/month + tax
  • Total Payable: 42,670 CAD
  • Total Interest: 10,670 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)
25.21
  • + tax
  • + fuel
  • + insurance
(or 0.25CAD per km)
  • 46.00CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
22.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
631.58
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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