Payment Analysis

990.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 990.00 CAD/month
  • 456.92 CAD/bi-weekly
  • 228.46 CAD/week
  • 11,880.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,108.80 CAD/month
  • 511.75 CAD/bi-weekly
  • 255.88 CAD/week
  • 13,305.60 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: 6,875 ~ 7,775 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLE 350 4MATIC SUV
  • for 24 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,395
This Contract (CAD/month) 990
Monthly Difference 405 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 6,075 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,875 ~ 7,775

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 56,517 CAD
  • Total Vehicle Debt: 79,287 CAD
  • Paid so Far: 22,770 CAD (28% Paid)
  • Remaining Lease Payments: 14,850 CAD
  • Residual Value: 41,667 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,770 CAD Total Vehicle Value: 79,287 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,850 CAD
Term Paid so Far: 22,770 CAD Residual Value: 41,667 CAD
0%
28%
18%
54%
Cost to Own
Already Paid: 22,770 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 56,517 CAD
28% Paid
0%
72%
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: 56,517 CAD

  • 4.9%Interest Rate x 48 months
  • 1,299 CAD/month + tax
  • Total Payable: 62,351 CAD
  • Total Interest: 5,834 CAD
  • 8.9%Interest Rate x 48 months
  • 1,404 CAD/month + tax
  • Total Payable: 67,380 CAD
  • Total Interest: 10,863 CAD
  • 14.9%Interest Rate x 48 months
  • 1,570 CAD/month + tax
  • Total Payable: 75,362 CAD
  • Total Interest: 18,845 CAD

At the end of the Lease Contract

Residual Value: 41,667 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 958 CAD/month + tax
  • Total Payable: 45,968 CAD
  • Total Interest: 4,301 CAD
  • 8.9%Interest Rate x 48 months
  • 1,035 CAD/month + tax
  • Total Payable: 49,676 CAD
  • Total Interest: 8,009 CAD
  • 14.9%Interest Rate x 48 months
  • 1,158 CAD/month + tax
  • Total Payable: 55,561 CAD
  • Total Interest: 13,894 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)
33.00
  • + tax
  • + fuel
  • + insurance
(or 0.33CAD per km)
  • 66.00CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
32.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
692.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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