Mercedes-Benz Lease Takeover in Winnipeg, MB: 2019 Mercedes-Benz GLC300 4MATIC Automatique AWD ID:#13714 • LeaseCosts Canada

Payment Analysis

971.00CAD/monthin Winnipeg, MB

Before Taxes:

971.00 CAD/month
448.15 CAD/bi-weekly
224.08 CAD/week
11,652.00 CAD/year

Incl. Manitoba Taxes (13%):

1,097.23 CAD/month
506.41 CAD/bi-weekly
253.21 CAD/week
13,166.76 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: 18,628 ~ 19,928 CAD

compared to leasing a BRAND NEW:

GLC300 4MATIC Automatic AWD
for 24 months
in MB
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,358
This Contract (CAD/month)	971
Monthly Difference	387 CAD/month
Remaining Term	x 44 months
Total Monthly Difference	= 17,028 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 18,628 ~ 19,928

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 76,362 CAD

Total Vehicle Debt: 70,536 CAD
Paid so Far: -5,826 CAD (-9% Paid)
Remaining Lease Payments: 42,724 CAD
Residual Value: 33,638 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -5,826 CAD Total Vehicle Value: 70,536 CAD

-9% Paid

109%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 42,724 CAD

Term Paid so Far: -5,826 CAD Residual Value: 33,638 CAD

-9%

60%

49%

Cost to Own

Already Paid: -5,826 CAD (-9%)

Cash Incentive: 0 CAD Buyout Price Today: 76,362 CAD

-9% Paid

109%

Additional Financing Details

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: 76,362 CAD

4.9%Interest Rate x 48 months
1,755 CAD/month + tax
Total Payable: 84,245 CAD
Total Interest: 7,883 CAD

8.9%Interest Rate x 48 months
1,897 CAD/month + tax
Total Payable: 91,039 CAD
Total Interest: 14,677 CAD

14.9%Interest Rate x 48 months
2,121 CAD/month + tax
Total Payable: 101,824 CAD
Total Interest: 25,462 CAD

At the end of the Lease Contract

Residual Value: 33,638 CAD (in 44 months)

4.9%Interest Rate x 48 months
773 CAD/month + tax
Total Payable: 37,111 CAD
Total Interest: 3,473 CAD

8.9%Interest Rate x 48 months
835 CAD/month + tax
Total Payable: 40,103 CAD
Total Interest: 6,465 CAD

14.9%Interest Rate x 48 months
934 CAD/month + tax
Total Payable: 44,854 CAD
Total Interest: 11,216 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)