Mercedes-Benz Lease Takeover in Calgary, AB: 2022 Mercedes-Benz GLE 350 4 MATIC Automatique AWD ID:#45436 • LeaseCosts Canada

Payment Analysis

1,485.60CAD/monthin Calgary, AB

Before Taxes:

1,485.60 CAD/month
685.66 CAD/bi-weekly
342.83 CAD/week
17,827.20 CAD/year

Incl. Alberta Taxes (5%):

1,559.88 CAD/month
719.94 CAD/bi-weekly
359.97 CAD/week
18,718.56 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: 10,326 ~ 11,626 CAD

compared to leasing a BRAND NEW:

2023 GLE 350 4MATIC SUV
for 36 months
in Alberta
$0 down payment
18,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	2,083
This Contract (CAD/month)	1,486
Monthly Difference	598 CAD/month
Remaining Term	x 12 months
Total Monthly Difference	= 7,176 CAD
+ Cash Incentive** (CAD)	+ 1,550
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 10,326 ~ 11,626
	** "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: 56,843 CAD

Total Vehicle Debt: 107,418 CAD
Paid so Far: 49,025 CAD (45% Paid)
Remaining Lease Payments: 17,827 CAD
Residual Value: 40,566 CAD
Cash Incentive: 1,550 CAD

Vehicle Debt & Value

Paid so far: 49,025 CAD Total Vehicle Value: 107,418 CAD

45% Paid

55%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 17,827 CAD

Term Paid so Far: 49,025 CAD Residual Value: 40,566 CAD

45%

16%

39%

Cost to Own

Already Paid: 49,025 CAD (45%)

Cash Incentive: 1,550 CAD Buyout Price Today: 56,843 CAD

45% Paid

54%

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: 56,843 CAD

4.9%Interest Rate x 48 months
1,306 CAD/month + tax
Total Payable: 62,711 CAD
Total Interest: 5,868 CAD

8.9%Interest Rate x 48 months
1,412 CAD/month + tax
Total Payable: 67,768 CAD
Total Interest: 10,925 CAD

14.9%Interest Rate x 48 months
1,579 CAD/month + tax
Total Payable: 75,797 CAD
Total Interest: 18,954 CAD

At the end of the Lease Contract

Residual Value: 40,566 CAD (in 12 months)

4.9%Interest Rate x 48 months
932 CAD/month + tax
Total Payable: 44,753 CAD
Total Interest: 4,188 CAD

8.9%Interest Rate x 48 months
1,008 CAD/month + tax
Total Payable: 48,363 CAD
Total Interest: 7,797 CAD

14.9%Interest Rate x 48 months
1,127 CAD/month + tax
Total Payable: 54,092 CAD
Total Interest: 13,526 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)

130.22

+ tax
+ fuel
+ insurance

(inlcuding the 1,550CAD incentive)

Time Analysis

Cost per day: (CAD)

44.60

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 1,550CAD incentive)

Remaining Km

Can be driven up to:

240.38

km/week
without any
additional costs

Excess km cost: 0.35CAD

Seller Contact Info

Name: Donghyeon Ku
Location: Calgary, AB
Date Contract Started: 2022-06-15
Date Contract Ends: 2026-03-15

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Espresso Brown leather interior w Polar White Exterior. Premium Package, Premium Plus Package, Technology Package, Night Package, Trailer Hitch. Comes w winter tires/winter mats. 3M installed. No accident, smoke free.