Payment Analysis
714.28CAD/monthin Montréal, QC
- 714.28 CAD/month
- 329.67 CAD/bi-weekly
- 164.83 CAD/week
- 8,571.36 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 821.28 CAD/month
- 379.05 CAD/bi-weekly
- 189.53 CAD/week
- 9,855.35 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:
4,690 ~ 5,990 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLC 300 4MATIC SUV
- for 24 months
- in Québec
- $0 down payment
- 12,000 km/year
Leasing New (CAD/month) | 923 |
---|---|
This Contract (CAD/month) | 714 |
Monthly Difference | 209 CAD/month |
Remaining Term | x 10 months |
Total Monthly Difference | = 2,090 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 4,690 ~ 5,990 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
60,143 CAD
- Total Vehicle Debt: 76,857 CAD
- Paid so Far: 15,714 CAD (20% Paid)
- Remaining Lease Payments: 7,143 CAD
- Residual Value: 54,000 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 15,714 CAD Total Vehicle Value: 76,857 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,143 CAD
Term Paid so Far: 15,714 CAD Residual Value: 54,000 CAD
Cost to Own
Already Paid: 15,714 CAD (20%)
Cash Incentive: 1,000 CAD Buyout Price Today: 60,143 CAD
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: 60,143 CAD
- 4.9%Interest Rate x 48 months
- 1,382 CAD/month + tax
- Total Payable: 66,352 CAD
- Total Interest: 6,209 CAD
- 8.9%Interest Rate x 48 months
- 1,494 CAD/month + tax
- Total Payable: 71,702 CAD
- Total Interest: 11,560 CAD
- 14.9%Interest Rate x 48 months
- 1,671 CAD/month + tax
- Total Payable: 80,197 CAD
- Total Interest: 20,054 CAD
At the end of the Lease Contract
Residual Value: 54,000 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 1,241 CAD/month + tax
- Total Payable: 59,575 CAD
- Total Interest: 5,575 CAD
- 8.9%Interest Rate x 48 months
- 1,341 CAD/month + tax
- Total Payable: 64,379 CAD
- Total Interest: 10,379 CAD
- 14.9%Interest Rate x 48 months
- 1,500 CAD/month + tax
- Total Payable: 72,006 CAD
- Total Interest: 18,006 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)
30.21
- + tax
- + fuel
- + insurance
- 35.13CAD/100km (TODAY without the Cash Incentive)
- 42.86CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
20.20
- + tax
- + insurance
- + km driven & fuel
- 23.48CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
469.23
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2020)
Seller Contact Info
This Contract was Already Transferred.
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