Payment Analysis

782.79CAD/monthin Montreal, QC
    Before Taxes:
  • 782.79 CAD/month
  • 361.29 CAD/bi-weekly
  • 180.64 CAD/week
  • 9,393.48 CAD/year
Incl. Québec Taxes (14.98%):
  • 900.05 CAD/month
  • 415.41 CAD/bi-weekly
  • 207.70 CAD/week
  • 10,800.62 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: 3,500 ~ 3,900 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz E350
  • for 38 months
  • in Quebec
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 932
This Contract (CAD/month) 783
Monthly Difference 150 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 2,700 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,500 ~ 3,900

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 51,204 CAD
  • Total Vehicle Debt: 79,434 CAD
  • Paid so Far: 28,230 CAD (35% Paid)
  • Remaining Lease Payments: 14,090 CAD
  • Residual Value: 37,114 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,230 CAD Total Vehicle Value: 79,434 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 4,746 CAD Remaining Term: 14,090 CAD
Term Paid so Far: 23,484 CAD Residual Value: 37,114 CAD
5%
30%
17%
48%
Cost to Own
Already Paid: 28,230 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 51,204 CAD
35% Paid
0%
65%
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: 51,204 CAD

  • 4.9%Interest Rate x 48 months
  • 1,177 CAD/month + tax
  • Total Payable: 56,490 CAD
  • Total Interest: 5,286 CAD
  • 8.9%Interest Rate x 48 months
  • 1,272 CAD/month + tax
  • Total Payable: 61,046 CAD
  • Total Interest: 9,842 CAD
  • 14.9%Interest Rate x 48 months
  • 1,422 CAD/month + tax
  • Total Payable: 68,278 CAD
  • Total Interest: 17,074 CAD

At the end of the Lease Contract

Residual Value: 37,114 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 853 CAD/month + tax
  • Total Payable: 40,945 CAD
  • Total Interest: 3,831 CAD
  • 8.9%Interest Rate x 48 months
  • 922 CAD/month + tax
  • Total Payable: 44,247 CAD
  • Total Interest: 7,133 CAD
  • 14.9%Interest Rate x 48 months
  • 1,031 CAD/month + tax
  • Total Payable: 49,489 CAD
  • Total Interest: 12,375 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)
469.67
  • + tax
  • + fuel
  • + insurance
(or 4.70CAD per km)
Time Analysis
Cost per day: (CAD)
25.74
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
38.46
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

  • Location: Montreal, QC
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to MAKE AN OFFER

Down payment of $4,746 already paid.
Looking to recover $750 + $950 security deposit.
Lease transfer fee to be shared 50/50.

Vehicle condition:
• Minor hit-and-run incident reported to police (no insurance claim). After cleaning, its only Small scratch
• Small scratch/scuff on right rear side.

Well maintained and drives very well, winter tire included ( 514 815 6086)

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