Payment Analysis

1,575.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 1,575.00 CAD/month
  • 726.92 CAD/bi-weekly
  • 363.46 CAD/week
  • 18,900.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,764.00 CAD/month
  • 814.15 CAD/bi-weekly
  • 407.08 CAD/week
  • 21,168.00 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: 19,888 ~ 21,188 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz E63 s AMG CVT AWD
  • for 45 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,718
This Contract (CAD/month) 1,575
Monthly Difference 1,143 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 18,288 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 19,888 ~ 21,188

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 59,200 CAD
  • Total Vehicle Debt: 138,500 CAD
  • Paid so Far: 79,300 CAD (57% Paid)
  • Remaining Lease Payments: 25,200 CAD
  • Residual Value: 34,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 79,300 CAD Total Vehicle Value: 138,500 CAD
57% Paid
43%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 25,200 CAD
Term Paid so Far: 69,300 CAD Residual Value: 34,000 CAD
7%
50%
18%
25%
Cost to Own
Already Paid: 79,300 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 59,200 CAD
57% Paid
0%
43%
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: 59,200 CAD

  • 4.9%Interest Rate x 48 months
  • 1,361 CAD/month + tax
  • Total Payable: 65,311 CAD
  • Total Interest: 6,111 CAD
  • 8.9%Interest Rate x 48 months
  • 1,470 CAD/month + tax
  • Total Payable: 70,578 CAD
  • Total Interest: 11,378 CAD
  • 14.9%Interest Rate x 48 months
  • 1,645 CAD/month + tax
  • Total Payable: 78,940 CAD
  • Total Interest: 19,740 CAD

At the end of the Lease Contract

Residual Value: 34,000 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 781 CAD/month + tax
  • Total Payable: 37,510 CAD
  • Total Interest: 3,510 CAD
  • 8.9%Interest Rate x 48 months
  • 844 CAD/month + tax
  • Total Payable: 40,535 CAD
  • Total Interest: 6,535 CAD
  • 14.9%Interest Rate x 48 months
  • 945 CAD/month + tax
  • Total Payable: 45,337 CAD
  • Total Interest: 11,337 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)
8.75
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 29.08CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
51.78
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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