Payment Analysis

1,100.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 1,100.00 CAD/month
  • 507.69 CAD/bi-weekly
  • 253.85 CAD/week
  • 13,200.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,232.00 CAD/month
  • 568.62 CAD/bi-weekly
  • 284.31 CAD/week
  • 14,784.00 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: 3,832 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLE 450 4MATIC SUV AWD
  • for 24 months
  • in BC
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,579
This Contract (CAD/month) 1,100
Monthly Difference 479 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 3,832 CAD
Total Savings (CAD) = 3,832

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 53,300 CAD
  • Total Vehicle Debt: 102,100 CAD
  • Paid so Far: 48,800 CAD (47% Paid)
  • Remaining Lease Payments: 8,800 CAD
  • Residual Value: 44,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 48,800 CAD Total Vehicle Value: 102,100 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 8,800 CAD
Term Paid so Far: 41,800 CAD Residual Value: 44,500 CAD
6%
41%
8%
45%
Cost to Own
Already Paid: 48,800 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 53,300 CAD
47% Paid
0%
53%
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: 53,300 CAD

  • 4.9%Interest Rate x 48 months
  • 1,225 CAD/month + tax
  • Total Payable: 58,802 CAD
  • Total Interest: 5,502 CAD
  • 8.9%Interest Rate x 48 months
  • 1,324 CAD/month + tax
  • Total Payable: 63,544 CAD
  • Total Interest: 10,244 CAD
  • 14.9%Interest Rate x 48 months
  • 1,481 CAD/month + tax
  • Total Payable: 71,073 CAD
  • Total Interest: 17,773 CAD

At the end of the Lease Contract

Residual Value: 44,500 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 1,023 CAD/month + tax
  • Total Payable: 49,094 CAD
  • Total Interest: 4,594 CAD
  • 8.9%Interest Rate x 48 months
  • 1,105 CAD/month + tax
  • Total Payable: 53,053 CAD
  • Total Interest: 8,553 CAD
  • 14.9%Interest Rate x 48 months
  • 1,236 CAD/month + tax
  • Total Payable: 59,338 CAD
  • Total Interest: 14,838 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)
20.63
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 94.29CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
36.16
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,230.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 269.23km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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