Payment Analysis
1,705.00CAD/monthin Montreal, QC
- 1,705.00 CAD/month
- 786.92 CAD/bi-weekly
- 393.46 CAD/week
- 20,460.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 1,960.41 CAD/month
- 904.80 CAD/bi-weekly
- 452.40 CAD/week
- 23,524.91 CAD/year
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:
26,200 ~ 27,500 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz S 560 4MATIC Long Wheel Base
- for 24 months (note this contract is shorter)
- in Québec
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 2,197 |
|---|---|
| This Contract (CAD/month) | 1,705 |
| Monthly Difference | 492 CAD/month |
| Remaining Term | x 50 months |
| Total Monthly Difference | = 24,600 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 26,200 ~ 27,500 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
137,250 CAD
- Total Vehicle Debt: 127,020 CAD
- Paid so Far: -10,230 CAD (-9% Paid)
- Remaining Lease Payments: 85,250 CAD
- Residual Value: 52,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -10,230 CAD Total Vehicle Value: 127,020 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 85,250 CAD
Term Paid so Far: -10,230 CAD Residual Value: 52,000 CAD
Cost to Own
Already Paid: -10,230 CAD (-9%)
Cash Incentive: 0 CAD Buyout Price Today: 137,250 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: 137,250 CAD
- 4.9%Interest Rate x 48 months
- 3,155 CAD/month + tax
- Total Payable: 151,419 CAD
- Total Interest: 14,169 CAD
- 8.9%Interest Rate x 48 months
- 3,409 CAD/month + tax
- Total Payable: 163,630 CAD
- Total Interest: 26,380 CAD
- 14.9%Interest Rate x 48 months
- 3,813 CAD/month + tax
- Total Payable: 183,015 CAD
- Total Interest: 45,765 CAD
At the end of the Lease Contract
Residual Value: 52,000 CAD (in 50 months)
- 4.9%Interest Rate x 48 months
- 1,195 CAD/month + tax
- Total Payable: 57,368 CAD
- Total Interest: 5,368 CAD
- 8.9%Interest Rate x 48 months
- 1,292 CAD/month + tax
- Total Payable: 61,995 CAD
- Total Interest: 9,995 CAD
- 14.9%Interest Rate x 48 months
- 1,445 CAD/month + tax
- Total Payable: 69,339 CAD
- Total Interest: 17,339 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)
355.21
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
56.05
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
110.77
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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