This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
+ 1,555 cash
SAVE ~9,700 CAD
CAD/month x 12 months
Transferred/Sold
2020 Mercedes-Benz Mercedes GLE 350 (ID: #27925)
1,376
Toronto, ON
2020 Mercedes-Benz
Mercedes GLE 350 Automatic AWD Premium Package, Premium Plus Package, Technology Package, MSP - Sports Package, IDP - Intelligent Driver Package, Climate Controlled Cup Holders, Trailer Hitch, All Season Tires, Mercedes Window Tinting, First Class Lease Protection, 36 Month Maint
Payment Details
- Current Payment: 1,376 CAD/month + tax
- Cash Incentive: 1,555 CAD
- Payment After Incentive: 1,247 CAD/month + tax
- Residual Value: 44,272 CAD
- Months to End: 12 months (May, 2022)
Vehicle Status
- Contract Allowance: 24,030 km/year
- Current Odometer: 52,341 km total
- Available Now: 19,749 km/year (1,646 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
Payment Analysis
1,376.46CAD/monthin Toronto, ON
- 1,376.46 CAD/month
- 635.29 CAD/bi-weekly
- 317.64 CAD/week
- 16,517.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,555.40 CAD/month
- 717.88 CAD/bi-weekly
- 358.94 CAD/week
- 18,664.80 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:
9,207 ~ 10,107 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLE 350 4MATIC SUV
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 1,947 |
|---|---|
| This Contract (CAD/month) | 1,376 |
| Monthly Difference | 571 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = 6,852 CAD |
| + Cash Incentive** (CAD) | + 1,555 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,207 ~ 10,107 |
| ** "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:
59,234 CAD
- Total Vehicle Debt: 93,824 CAD
- Paid so Far: 33,035 CAD (35% Paid)
- Remaining Lease Payments: 16,518 CAD
- Residual Value: 44,272 CAD
- Cash Incentive: 1,555 CAD
Vehicle Debt & Value
Paid so far: 33,035 CAD Total Vehicle Value: 93,824 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,518 CAD
Term Paid so Far: 33,035 CAD Residual Value: 44,272 CAD
Cost to Own
Already Paid: 33,035 CAD (35%)
Cash Incentive: 1,555 CAD Buyout Price Today: 59,234 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: 59,234 CAD
- 4.9%Interest Rate x 48 months
- 1,361 CAD/month + tax
- Total Payable: 65,349 CAD
- Total Interest: 6,115 CAD
- 8.9%Interest Rate x 48 months
- 1,471 CAD/month + tax
- Total Payable: 70,619 CAD
- Total Interest: 11,385 CAD
- 14.9%Interest Rate x 48 months
- 1,646 CAD/month + tax
- Total Payable: 78,985 CAD
- Total Interest: 19,751 CAD
At the end of the Lease Contract
Residual Value: 44,272 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 1,018 CAD/month + tax
- Total Payable: 48,842 CAD
- Total Interest: 4,570 CAD
- 8.9%Interest Rate x 48 months
- 1,100 CAD/month + tax
- Total Payable: 52,781 CAD
- Total Interest: 8,509 CAD
- 14.9%Interest Rate x 48 months
- 1,230 CAD/month + tax
- Total Payable: 59,034 CAD
- Total Interest: 14,762 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)
75.76
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
40.99
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
379.79
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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