This Vehicle is Sold


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Vehicle Photos

Transfer Details

Mercedes-Benz Lease Takeover in Toronto, ON: 2021 Mercedes-Benz A220 4matic 4dr Automatic AWD ID:#33224
SAVE ~2,500 CAD
CAD/month x 9 months
2021 Mercedes-Benz A220 4matic 4dr (ID: #33224)
644
Vaughan
2021 Mercedes-Benz

A220 4matic 4dr Automatic AWD Navigation Packaget, Premium package, Sport Package, heated steering wheel, electric passenger seat, lease protection w/ Warranty Complete Term + Wear & Tear Coverage, Tinted Windows

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 644 CAD/month + tax
  • Residual Value: 21,240 CAD
  • Months to End: 9 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 8,100 km total
  • Available Now: 77,200 km/year (6,433 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • All Main Coverages
  • High End Vehicle & Options
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

644.01CAD/monthin Vaughan
    Before Taxes:
  • 644.01 CAD/month
  • 297.24 CAD/bi-weekly
  • 148.62 CAD/week
  • 7,728.12 CAD/year
Incl. Ontario Taxes (13%):
  • 727.73 CAD/month
  • 335.88 CAD/bi-weekly
  • 167.94 CAD/week
  • 8,732.78 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: 2,051 ~ 2,951 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz A220 4MATIC 4dr Automatic AWD w/ Navigation, Sport, Premium packages, heated steering wheel, electric passenger seat,
  • for 39 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 783
This Contract (CAD/month) 644
Monthly Difference 139 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 1,251 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,051 ~ 2,951

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,036 CAD
  • Total Vehicle Debt: 49,576 CAD
  • Paid so Far: 22,540 CAD (45% Paid)
  • Remaining Lease Payments: 5,796 CAD
  • Residual Value: 21,240 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,540 CAD Total Vehicle Value: 49,576 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,796 CAD
Term Paid so Far: 22,540 CAD Residual Value: 21,240 CAD
0%
45%
11%
44%
Cost to Own
Already Paid: 22,540 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 27,036 CAD
45% Paid
0%
55%
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: 27,036 CAD

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,827 CAD
  • Total Interest: 2,791 CAD
  • 8.9%Interest Rate x 48 months
  • 672 CAD/month + tax
  • Total Payable: 32,233 CAD
  • Total Interest: 5,196 CAD
  • 14.9%Interest Rate x 48 months
  • 751 CAD/month + tax
  • Total Payable: 36,051 CAD
  • Total Interest: 9,015 CAD

At the end of the Lease Contract

Residual Value: 21,240 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 488 CAD/month + tax
  • Total Payable: 23,433 CAD
  • Total Interest: 2,193 CAD
  • 8.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,322 CAD
  • Total Interest: 4,082 CAD
  • 14.9%Interest Rate x 48 months
  • 590 CAD/month + tax
  • Total Payable: 28,322 CAD
  • Total Interest: 7,082 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)
10.01
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 42.93CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
21.17
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,484.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.15km/week (Contract Original back in Apr, 2021)

Seller Contact Info

This Contract was Already Transferred.

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