This Vehicle is Sold


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Transfer Details

Mercedes-Benz Lease Takeover in Montreal, QC: 2017 Mercedes-Benz S 550 4MATIC LWB Automatic AWD
SAVE ~26,900 CAD
CAD/month x 50 months
2017 Mercedes-Benz S 550 4MATIC LWB (ID: #10285)
1,705
Montreal, QCCarFax Canada Accident Report
2017 Mercedes-Benz

S 550 4MATIC LWB Automatic AWD w/ High-End Package + Front Climate-Comfort Seat + Dynamic Multi-Mode Front Seat + more

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,705 CAD/month + tax
  • Residual Value: 52,000 CAD
  • Months to End: 50 months (May, 2021)
Vehicle Status
  • Contract Allowance: 15,000 km/year
  • Current Odometer: 31,000 km total
  • Available Now: 5,760 km/year (480 per month)
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

1,705.00CAD/monthin Montreal, QC
    Before Taxes:
  • 1,705.00 CAD/month
  • 786.92 CAD/bi-weekly
  • 393.46 CAD/week
  • 20,460.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,960.41 CAD/month
  • 904.80 CAD/bi-weekly
  • 452.40 CAD/week
  • 23,524.91 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: 26,200 ~ 27,500 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz S 560 4MATIC Long Wheel Base
  • for 24 months (note this contract is shorter)
  • in Québec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,197
This Contract (CAD/month) 1,705
Monthly Difference 492 CAD/month
Remaining Term x 50 months
Total Monthly Difference = 24,600 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 26,200 ~ 27,500

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 137,250 CAD
  • Total Vehicle Debt: 127,020 CAD
  • Paid so Far: -10,230 CAD (-9% Paid)
  • Remaining Lease Payments: 85,250 CAD
  • Residual Value: 52,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -10,230 CAD Total Vehicle Value: 127,020 CAD
-9% Paid
109%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 85,250 CAD
Term Paid so Far: -10,230 CAD Residual Value: 52,000 CAD
0%
-9%
67%
42%
Cost to Own
Already Paid: -10,230 CAD (-9%)
Cash Incentive: 0 CAD Buyout Price Today: 137,250 CAD
-9% Paid
0%
109%
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: 137,250 CAD

  • 4.9%Interest Rate x 48 months
  • 3,155 CAD/month + tax
  • Total Payable: 151,419 CAD
  • Total Interest: 14,169 CAD
  • 8.9%Interest Rate x 48 months
  • 3,409 CAD/month + tax
  • Total Payable: 163,630 CAD
  • Total Interest: 26,380 CAD
  • 14.9%Interest Rate x 48 months
  • 3,813 CAD/month + tax
  • Total Payable: 183,015 CAD
  • Total Interest: 45,765 CAD

At the end of the Lease Contract

Residual Value: 52,000 CAD (in 50 months)

  • 4.9%Interest Rate x 48 months
  • 1,195 CAD/month + tax
  • Total Payable: 57,368 CAD
  • Total Interest: 5,368 CAD
  • 8.9%Interest Rate x 48 months
  • 1,292 CAD/month + tax
  • Total Payable: 61,995 CAD
  • Total Interest: 9,995 CAD
  • 14.9%Interest Rate x 48 months
  • 1,445 CAD/month + tax
  • Total Payable: 69,339 CAD
  • Total Interest: 17,339 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)
355.21
  • + tax
  • + fuel
  • + insurance
(or 3.55CAD per km)
Time Analysis
Cost per day: (CAD)
56.05
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
110.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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