This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 500 cash
Lease Takeover in Hamilton, ON: 2016 Mercedes-Benz CLA 250 4MATIC Automatic AWD
SAVE ~10,800 CAD
CAD/month x 48 months
2016 Mercedes-Benz CLA 250 4MATIC (ID: #4280)
513
Hamilton, ON
2016 Mercedes-Benz

CLA 250 4MATIC Automatic AWD Premium package

  • Warranty Complete Term
Payment Details
  • Current Payment: 513 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 503 CAD/month + tax
  • Original Downpayment: 600 CAD
  • Residual Value: 22 CAD
  • Months to End: 48 months (Mar, 2020)
Vehicle Status
  • Contract Allowance: 15,000 km/year
  • Current Odometer: 39,800 km total
  • Available Now: 3,800 km/year (317 per month)
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

513.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 513.00 CAD/month
  • 236.77 CAD/bi-weekly
  • 118.38 CAD/week
  • 6,156.00 CAD/year
Incl. Ontario Taxes (13%):
  • 579.69 CAD/month
  • 267.55 CAD/bi-weekly
  • 133.77 CAD/week
  • 6,956.28 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: 10,820 CAD

compared to leasing a BRAND NEW:

  • Mercedes Benz CLA240
  • for 24 months
  • in Ontario
  • $0 down payment
  • 15,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 513
Monthly Difference 215 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 10,320 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 10,820
** "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: 24,146 CAD
  • Total Vehicle Debt: 23,194 CAD
  • Paid so Far: -1,452 CAD (-7% Paid)
  • Remaining Lease Payments: 24,624 CAD
  • Residual Value: 22 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -1,452 CAD Total Vehicle Value: 23,194 CAD
-7% Paid
107%
Vehicle Debt Breakdown
Downpayment: 600 CAD Remaining Term: 24,624 CAD
Term Paid so Far: -2,052 CAD Residual Value: 22 CAD
2%
-9%
106%
1%
Cost to Own
Already Paid: -1,452 CAD (-7%)
Cash Incentive: 500 CAD Buyout Price Today: 24,146 CAD
-7% Paid
2%
105%
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: 24,146 CAD

  • 4.9%Interest Rate x 48 months
  • 555 CAD/month + tax
  • Total Payable: 26,638 CAD
  • Total Interest: 2,493 CAD
  • 8.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,787 CAD
  • Total Interest: 4,641 CAD
  • 14.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,197 CAD
  • Total Interest: 8,051 CAD

At the end of the Lease Contract

Residual Value: 22 CAD (in 48 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 24 CAD
  • Total Interest: 2 CAD
  • 8.9%Interest Rate x 48 months
  • 1 CAD/month + tax
  • Total Payable: 26 CAD
  • Total Interest: 4 CAD
  • 14.9%Interest Rate x 48 months
  • 1 CAD/month + tax
  • Total Payable: 29 CAD
  • Total Interest: 7 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)
158.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
16.52
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
73.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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