Payment Analysis

673.46CAD/monthin Vancouver, BC
    Before Taxes:
  • 673.46 CAD/month
  • 310.83 CAD/bi-weekly
  • 155.41 CAD/week
  • 8,081.52 CAD/year
Incl. B.C. Taxes (12%):
  • 754.28 CAD/month
  • 348.13 CAD/bi-weekly
  • 174.06 CAD/week
  • 9,051.30 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: 770 CAD

compared to leasing a BRAND NEW:

  • GLA 250 Automatic 4MATIC w/ Premium Package ($3,600.00)
  • for 24 months
  • in BC
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 728
This Contract (CAD/month) 673
Monthly Difference 55 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 770 CAD
Total Savings (CAD) = 770

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,573 CAD
  • Total Vehicle Debt: 52,450 CAD
  • Paid so Far: 20,877 CAD (39% Paid)
  • Remaining Lease Payments: 9,428 CAD
  • Residual Value: 22,145 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,877 CAD Total Vehicle Value: 52,450 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,428 CAD
Term Paid so Far: 20,877 CAD Residual Value: 22,145 CAD
0%
39%
18%
43%
Cost to Own
Already Paid: 20,877 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 31,573 CAD
39% Paid
0%
61%
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: 31,573 CAD

  • 4.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,832 CAD
  • Total Interest: 3,259 CAD
  • 8.9%Interest Rate x 48 months
  • 784 CAD/month + tax
  • Total Payable: 37,641 CAD
  • Total Interest: 6,068 CAD
  • 14.9%Interest Rate x 48 months
  • 877 CAD/month + tax
  • Total Payable: 42,101 CAD
  • Total Interest: 10,528 CAD

At the end of the Lease Contract

Residual Value: 22,145 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 509 CAD/month + tax
  • Total Payable: 24,431 CAD
  • Total Interest: 2,286 CAD
  • 8.9%Interest Rate x 48 months
  • 550 CAD/month + tax
  • Total Payable: 26,401 CAD
  • Total Interest: 4,256 CAD
  • 14.9%Interest Rate x 48 months
  • 615 CAD/month + tax
  • Total Payable: 29,528 CAD
  • Total Interest: 7,384 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)
25.14
  • + tax
  • + fuel
  • + insurance
(or 0.25CAD per km)
  • 67.35CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
22.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
618.13
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 230.77km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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