This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 1,000 cash
SAVE ~9,000 CAD
CAD/month x 10 months
Transferred/Sold
2018 Mercedes-Benz C300 Performance (ID: #23525)
531
Hamilton, ON
2018 Mercedes-Benz
C300 Performance Automatic AWD w/ Performance Package, Night package + Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 531 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 431 CAD/month + tax
- Original Downpayment: 4,150 CAD
- Residual Value: 25,296 CAD
- Months to End: 10 months (Mar, 2022)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 68,000 km total
- Available Now: 26,400 km/year (2,200 per month)
- Please note that this contract ends in less than a year.
Deal Special Perks
Payment Analysis
530.97CAD/monthin Hamilton, ON
- 530.97 CAD/month
- 245.06 CAD/bi-weekly
- 122.53 CAD/week
- 6,371.64 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 600.00 CAD/month
- 276.92 CAD/bi-weekly
- 138.46 CAD/week
- 7,199.95 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:
8,590 ~ 9,490 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz C300 4MATIC Sedan w/ Premium Package ($4,000.00) + Night Package ($2,300.00)
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 1,209 |
|---|---|
| This Contract (CAD/month) | 531 |
| Monthly Difference | 679 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 6,790 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 8,590 ~ 9,490 |
| ** "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:
29,606 CAD
- Total Vehicle Debt: 53,340 CAD
- Paid so Far: 22,734 CAD (42% Paid)
- Remaining Lease Payments: 5,310 CAD
- Residual Value: 25,296 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 22,734 CAD Total Vehicle Value: 53,340 CAD
Vehicle Debt Breakdown
Downpayment: 4,150 CAD Remaining Term: 5,310 CAD
Term Paid so Far: 18,584 CAD Residual Value: 25,296 CAD
Cost to Own
Already Paid: 22,734 CAD (42%)
Cash Incentive: 1,000 CAD Buyout Price Today: 29,606 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: 29,606 CAD
- 4.9%Interest Rate x 48 months
- 680 CAD/month + tax
- Total Payable: 32,662 CAD
- Total Interest: 3,056 CAD
- 8.9%Interest Rate x 48 months
- 735 CAD/month + tax
- Total Payable: 35,296 CAD
- Total Interest: 5,690 CAD
- 14.9%Interest Rate x 48 months
- 822 CAD/month + tax
- Total Payable: 39,478 CAD
- Total Interest: 9,872 CAD
At the end of the Lease Contract
Residual Value: 25,296 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 581 CAD/month + tax
- Total Payable: 27,907 CAD
- Total Interest: 2,611 CAD
- 8.9%Interest Rate x 48 months
- 628 CAD/month + tax
- Total Payable: 30,158 CAD
- Total Interest: 4,862 CAD
- 14.9%Interest Rate x 48 months
- 703 CAD/month + tax
- Total Payable: 33,731 CAD
- Total Interest: 8,435 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)
19.59
- + tax
- + fuel
- + insurance
- 24.14CAD/100km (TODAY without the Cash Incentive)
- 26.55CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
14.17
- + tax
- + insurance
- + km driven & fuel
- 17.46CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
507.69
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jun, 2018)
Seller Contact Info
This Contract was Already Transferred.
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