This Vehicle is Sold


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Transfer Details

pay 1,500 CAD
Mercedes-Benz Lease Takeover in Welland: 2020 Mercedes-Benz C300 Automatic AWD
SAVE ~2,600 CAD
CAD/month x 6 months
2020 Mercedes-Benz C300 (ID: #27129)
671
Welland, ON
2020 Mercedes-Benz

C300 Automatic AWD Premium & Sports Package w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 671 CAD/month + tax
  • Required Payment: 1,500 CAD
  • Payment Including Incentive: 921 CAD/month + tax
  • Original Downpayment: 1,984 CAD
  • Residual Value: 25,723 CAD
  • Months to End: 6 months (Oct, 2023)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 95,000 km/year (7,917 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

670.80CAD/monthin Welland, ON
    Before Taxes:
  • 670.80 CAD/month
  • 309.60 CAD/bi-weekly
  • 154.80 CAD/week
  • 8,049.60 CAD/year
Incl. Ontario Taxes (13%):
  • 758.00 CAD/month
  • 349.85 CAD/bi-weekly
  • 174.92 CAD/week
  • 9,096.05 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: 2,150 ~ 3,050 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz C 300 4MATIC Avantgarde Edition Sedan
  • for 24 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,145
This Contract (CAD/month) 671
Monthly Difference 475 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 2,850 CAD
- Required Payment** (CAD) - 1,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,150 ~ 3,050
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,248 CAD
  • Total Vehicle Debt: 57,893 CAD
  • Paid so Far: 28,145 CAD (48% Paid)
  • Remaining Lease Payments: 4,025 CAD
  • Residual Value: 25,723 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 28,145 CAD Total Vehicle Value: 57,893 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 1,984 CAD Remaining Term: 4,025 CAD
Term Paid so Far: 26,161 CAD Residual Value: 25,723 CAD
3%
45%
7%
45%
Cost to Own
Already Paid: 28,145 CAD (48%)
Required Payment: 1,500 CAD (2%)Buyout Price Today: 31,248 CAD
46% Paid
2%
52%
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: 31,248 CAD

  • 4.9%Interest Rate x 48 months
  • 718 CAD/month + tax
  • Total Payable: 34,474 CAD
  • Total Interest: 3,226 CAD
  • 8.9%Interest Rate x 48 months
  • 776 CAD/month + tax
  • Total Payable: 37,254 CAD
  • Total Interest: 6,006 CAD
  • 14.9%Interest Rate x 48 months
  • 868 CAD/month + tax
  • Total Payable: 41,667 CAD
  • Total Interest: 10,419 CAD

At the end of the Lease Contract

Residual Value: 25,723 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 591 CAD/month + tax
  • Total Payable: 28,379 CAD
  • Total Interest: 2,655 CAD
  • 8.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,667 CAD
  • Total Interest: 4,944 CAD
  • 14.9%Interest Rate x 48 months
  • 715 CAD/month + tax
  • Total Payable: 34,300 CAD
  • Total Interest: 8,577 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)
11.63
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 8.47CAD/100km (TODAY without the Cash Incentive)
  • 44.72CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
30.27
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 22.05CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
1,826.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.15km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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  • Residual Value: 32,849 CAD
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  • Wear & Tear Coverage
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  • Residual Value: 12,623 CAD
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  • Original Downpayment: 4,000 CAD
  • Residual Value: 51,716 CAD
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  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 310 CAD/month + tax
  • Required Payment: 13,000 CAD
  • Payment Including Incentive: 13,310 CAD/month + tax
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