Payment Analysis

583.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 583.00 CAD/month
  • 269.08 CAD/bi-weekly
  • 134.54 CAD/week
  • 6,996.00 CAD/year
Incl. Alberta Taxes (5%):
  • 612.15 CAD/month
  • 282.53 CAD/bi-weekly
  • 141.27 CAD/week
  • 7,345.80 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: 3,190 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLA250 4MATIC SUV Automatic AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 583
Monthly Difference 145 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 3,190 CAD
Total Savings (CAD) = 3,190

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,264 CAD
  • Total Vehicle Debt: 55,673 CAD
  • Paid so Far: 18,409 CAD (33% Paid)
  • Remaining Lease Payments: 12,826 CAD
  • Residual Value: 24,438 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,409 CAD Total Vehicle Value: 55,673 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 12,826 CAD
Term Paid so Far: 13,409 CAD Residual Value: 24,438 CAD
8%
25%
23%
44%
Cost to Own
Already Paid: 18,409 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 37,264 CAD
33% Paid
0%
67%
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: 37,264 CAD

  • 4.9%Interest Rate x 48 months
  • 856 CAD/month + tax
  • Total Payable: 41,111 CAD
  • Total Interest: 3,847 CAD
  • 8.9%Interest Rate x 48 months
  • 926 CAD/month + tax
  • Total Payable: 44,426 CAD
  • Total Interest: 7,162 CAD
  • 14.9%Interest Rate x 48 months
  • 1,035 CAD/month + tax
  • Total Payable: 49,689 CAD
  • Total Interest: 12,425 CAD

At the end of the Lease Contract

Residual Value: 24,438 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 562 CAD/month + tax
  • Total Payable: 26,961 CAD
  • Total Interest: 2,523 CAD
  • 8.9%Interest Rate x 48 months
  • 607 CAD/month + tax
  • Total Payable: 29,135 CAD
  • Total Interest: 4,697 CAD
  • 14.9%Interest Rate x 48 months
  • 679 CAD/month + tax
  • Total Payable: 32,587 CAD
  • Total Interest: 8,149 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)
28.44
  • + tax
  • + fuel
  • + insurance
(or 0.28CAD per km)
  • 43.73CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
19.17
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
473.08
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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