This Vehicle is Sold


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Transfer Details

Mercedes-Benz Lease Takeover in Fredericton, NB: 2020 Mercedes-Benz GLB 4MATIC 250 Automatic AWD ID:#31916
SAVE ~1,700 CAD
CAD/month x 3 months
Transferred/Sold
2020 Mercedes-Benz GLB 4MATIC 250 (ID: #31916)
817
Fredericton, NB
2020 Mercedes-Benz

GLB 4MATIC 250 Automatic AWD Night Package, Navigation package, Tech Package, Leather seats, heated steering wheel, 3 row seating w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 817 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 30,649 CAD
  • Months to End: 3 months (Aug, 2024)
Vehicle Status
  • Contract Allowance: 18,024 km/year
  • Current Odometer: 17,560 km total
  • Available Now: 200,120 km/year (16,677 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • 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.
SOLD/TRANSFERRED

Payment Analysis

816.64CAD/monthin Fredericton, NB
    Before Taxes:
  • 816.64 CAD/month
  • 376.91 CAD/bi-weekly
  • 188.46 CAD/week
  • 9,799.68 CAD/year
Incl. New Brunswick Taxes (15%):
  • 939.14 CAD/month
  • 433.45 CAD/bi-weekly
  • 216.72 CAD/week
  • 11,269.63 CAD/year

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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: 1,214 ~ 2,114 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLB 250 4MATIC SUV Automatic AWD Night Package, Navigation package, Tech Package, Heated steering wheel
  • for 24 months
  • in NB
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 954
This Contract (CAD/month) 817
Monthly Difference 138 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 414 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,214 ~ 2,114

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,099 CAD
  • Total Vehicle Debt: 69,398 CAD
  • Paid so Far: 36,299 CAD (52% Paid)
  • Remaining Lease Payments: 2,450 CAD
  • Residual Value: 30,649 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 36,299 CAD Total Vehicle Value: 69,398 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 2,450 CAD
Term Paid so Far: 34,299 CAD Residual Value: 30,649 CAD
2%
50%
3%
45%
Cost to Own
Already Paid: 36,299 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 33,099 CAD
52% Paid
0%
48%
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: 33,099 CAD

  • 4.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,516 CAD
  • Total Interest: 3,417 CAD
  • 8.9%Interest Rate x 48 months
  • 822 CAD/month + tax
  • Total Payable: 39,460 CAD
  • Total Interest: 6,362 CAD
  • 14.9%Interest Rate x 48 months
  • 919 CAD/month + tax
  • Total Payable: 44,135 CAD
  • Total Interest: 11,037 CAD

At the end of the Lease Contract

Residual Value: 30,649 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,813 CAD
  • Total Interest: 3,164 CAD
  • 8.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,540 CAD
  • Total Interest: 5,891 CAD
  • 14.9%Interest Rate x 48 months
  • 851 CAD/month + tax
  • Total Payable: 40,868 CAD
  • Total Interest: 10,220 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)
4.90
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 54.37CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
26.85
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,848.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.