This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,555 cash
Mercedes-Benz Lease Takeover in Toronto: 2020 Mercedes-Benz Mercedes GLE350 Automatic AWD ID:#27925
SAVE ~9,700 CAD
CAD/month x 12 months
2020 Mercedes-Benz Mercedes GLE 350 (ID: #27925)
1,376
Toronto, ONCarFax Canada Accident Report
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

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
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
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • All Main Coverages
  • High End Vehicle & Options
  • 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

1,376.46CAD/monthin Toronto, ON
    Before Taxes:
  • 1,376.46 CAD/month
  • 635.29 CAD/bi-weekly
  • 317.64 CAD/week
  • 16,517.52 CAD/year
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
Savings Breakdown:
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
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,518 CAD
Term Paid so Far: 33,035 CAD Residual Value: 44,272 CAD
0%
35%
17%
48%
Cost to Own
Already Paid: 33,035 CAD (35%)
Cash Incentive: 1,555 CAD Buyout Price Today: 59,234 CAD
35% Paid
1%
64%
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
(inlcuding the 1,555CAD incentive)
Time Analysis
Cost per day: (CAD)
40.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,555CAD incentive)
Remaining Km
Can be driven up to:
379.79
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

Seller Contact Info

This Contract was Already Transferred.

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  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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