This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Mercedes-Benz Lease Takeover in Toronto, ON: 2019 Mercedes-Benz A220 4Matic Sedan Automatic AWD
SAVE ~4,300 CAD
CAD/month x 14 months
2019 Mercedes-Benz A220 4Matic Sedan (ID: #18201)
507
Toronto, ON
2019 Mercedes-Benz

A220 4Matic Sedan Automatic AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 507 CAD/month + tax
  • Residual Value: 22,347 CAD
  • Months to End: 14 months (Jan, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 13,313 km total
  • Available Now: 44,303 km/year (3,692 per month)
  • Excess Km Cost: 0.25 CAD/km
Deal Special Perks
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

507.08CAD/monthin Toronto, ON
    Before Taxes:
  • 507.08 CAD/month
  • 234.04 CAD/bi-weekly
  • 117.02 CAD/week
  • 6,084.96 CAD/year
Incl. Ontario Taxes (13%):
  • 573.00 CAD/month
  • 264.46 CAD/bi-weekly
  • 132.23 CAD/week
  • 6,876.00 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: 3,838 ~ 4,738 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz A 220 4MATIC Sedan
  • for 24 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 724
This Contract (CAD/month) 507
Monthly Difference 217 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 3,038 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,838 ~ 4,738

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,446 CAD
  • Total Vehicle Debt: 42,123 CAD
  • Paid so Far: 12,677 CAD (30% Paid)
  • Remaining Lease Payments: 7,099 CAD
  • Residual Value: 22,347 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,677 CAD Total Vehicle Value: 42,123 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,099 CAD
Term Paid so Far: 12,677 CAD Residual Value: 22,347 CAD
0%
30%
16%
54%
Cost to Own
Already Paid: 12,677 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 29,446 CAD
30% Paid
0%
70%
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: 29,446 CAD

  • 4.9%Interest Rate x 48 months
  • 677 CAD/month + tax
  • Total Payable: 32,486 CAD
  • Total Interest: 3,040 CAD
  • 8.9%Interest Rate x 48 months
  • 731 CAD/month + tax
  • Total Payable: 35,106 CAD
  • Total Interest: 5,660 CAD
  • 14.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,265 CAD
  • Total Interest: 9,819 CAD

At the end of the Lease Contract

Residual Value: 22,347 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 514 CAD/month + tax
  • Total Payable: 24,654 CAD
  • Total Interest: 2,307 CAD
  • 8.9%Interest Rate x 48 months
  • 555 CAD/month + tax
  • Total Payable: 26,642 CAD
  • Total Interest: 4,295 CAD
  • 14.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,798 CAD
  • Total Interest: 7,451 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)
13.73
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 30.42CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
16.67
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
851.98
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 384.62km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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