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: 9,727 ~ 11,027 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 21 months
Total Monthly Difference = 8,127 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,727 ~ 11,027

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,029 CAD
  • Total Vehicle Debt: 70,536 CAD
  • Paid so Far: 16,507 CAD (23% Paid)
  • Remaining Lease Payments: 20,391 CAD
  • Residual Value: 33,638 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,507 CAD Total Vehicle Value: 70,536 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,391 CAD
Term Paid so Far: 16,507 CAD Residual Value: 33,638 CAD
0%
23%
29%
48%
Cost to Own
Already Paid: 16,507 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 54,029 CAD
23% Paid
0%
77%
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: 54,029 CAD

  • 4.9%Interest Rate x 48 months
  • 1,242 CAD/month + tax
  • Total Payable: 59,607 CAD
  • Total Interest: 5,578 CAD
  • 8.9%Interest Rate x 48 months
  • 1,342 CAD/month + tax
  • Total Payable: 64,414 CAD
  • Total Interest: 10,385 CAD
  • 14.9%Interest Rate x 48 months
  • 1,501 CAD/month + tax
  • Total Payable: 72,045 CAD
  • Total Interest: 18,016 CAD

At the end of the Lease Contract

Residual Value: 33,638 CAD (in 21 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)

Distance Analysis
Cost to drive 100km: (CAD)
43.65
  • + tax
  • + fuel
  • + insurance
(or 0.44CAD per km)
  • 66.58CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
31.92
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
513.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 336.54km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Winnipeg

+ 1,000 cash
Lease Takeover Temporary Image
CAD/month x 40 months
2023 Honda HRV sport (ID: #49550)
454
Winnipeg
2023 Honda

HRV sport Automatique AWD

Payment Details
  • Current Payment: 454 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 429 CAD/month + tax
  • Months to End: 40 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 25,150 km/year (2,096 per month)
See all Details
+ More similar deals