Payment Analysis
400.00CAD/monthin Toronto, ON
- 400.00 CAD/month
- 184.62 CAD/bi-weekly
- 92.31 CAD/week
- 4,800.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 452.00 CAD/month
- 208.62 CAD/bi-weekly
- 104.31 CAD/week
- 5,424.00 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:
10,010 ~ 10,910 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLE 350 Automatic AWD w/ Premium Package + Premium Plus + Night Package + Technology Package
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,245 |
|---|---|
| This Contract (CAD/month) | 400 |
| Monthly Difference | 845 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 15,210 CAD |
| - Required Payment** (CAD) | - 6,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 10,010 ~ 10,910 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
52,582 CAD
- Total Vehicle Debt: 87,382 CAD
- Paid so Far: 40,800 CAD (46% Paid)
- Remaining Lease Payments: 7,200 CAD
- Residual Value: 39,382 CAD
- Required Payment: 6,000 CAD
Vehicle Debt & Value
Paid so far: 40,800 CAD Total Vehicle Value: 87,382 CAD
Vehicle Debt Breakdown
Downpayment: 30,000 CAD Remaining Term: 7,200 CAD
Term Paid so Far: 10,800 CAD Residual Value: 39,382 CAD
Cost to Own
Already Paid: 40,800 CAD (46%)
Required Payment: 6,000 CAD (6%)Buyout Price Today: 52,582 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: 52,582 CAD
- 4.9%Interest Rate x 48 months
- 1,209 CAD/month + tax
- Total Payable: 58,010 CAD
- Total Interest: 5,428 CAD
- 8.9%Interest Rate x 48 months
- 1,306 CAD/month + tax
- Total Payable: 62,688 CAD
- Total Interest: 10,106 CAD
- 14.9%Interest Rate x 48 months
- 1,461 CAD/month + tax
- Total Payable: 70,115 CAD
- Total Interest: 17,533 CAD
At the end of the Lease Contract
Residual Value: 39,382 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 905 CAD/month + tax
- Total Payable: 43,448 CAD
- Total Interest: 4,066 CAD
- 8.9%Interest Rate x 48 months
- 978 CAD/month + tax
- Total Payable: 46,951 CAD
- Total Interest: 7,569 CAD
- 14.9%Interest Rate x 48 months
- 1,094 CAD/month + tax
- Total Payable: 52,514 CAD
- Total Interest: 13,132 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)
21.75
- + tax
- + fuel
- + insurance
- 11.86CAD/100km (TODAY without the Cash Incentive)
- 26.67CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
24.11
- + tax
- + insurance
- + km driven & fuel
- 13.15CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
778.21
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Jan, 2020)
Seller Contact Info
This Contract was Already Transferred.
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