Payment Analysis
877.40CAD/monthin Pickering
- 877.40 CAD/month
- 404.95 CAD/bi-weekly
- 202.48 CAD/week
- 10,528.80 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 991.46 CAD/month
- 457.60 CAD/bi-weekly
- 228.80 CAD/week
- 11,897.54 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:
2,940 ~ 3,840 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLE 350 4MATIC SUV
- for 12 months
- in Ontario
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 1,947 |
|---|---|
| This Contract (CAD/month) | 877 |
| Monthly Difference | 1,070 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = 2,140 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,940 ~ 3,840 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
31,892 CAD
- Total Vehicle Debt: 64,355 CAD
- Paid so Far: 32,464 CAD (50% Paid)
- Remaining Lease Payments: 1,755 CAD
- Residual Value: 30,137 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 32,464 CAD Total Vehicle Value: 64,355 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,755 CAD
Term Paid so Far: 32,464 CAD Residual Value: 30,137 CAD
Cost to Own
Already Paid: 32,464 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 31,892 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: 31,892 CAD
- 4.9%Interest Rate x 48 months
- 733 CAD/month + tax
- Total Payable: 35,184 CAD
- Total Interest: 3,292 CAD
- 8.9%Interest Rate x 48 months
- 792 CAD/month + tax
- Total Payable: 38,021 CAD
- Total Interest: 6,130 CAD
- 14.9%Interest Rate x 48 months
- 886 CAD/month + tax
- Total Payable: 42,526 CAD
- Total Interest: 10,634 CAD
At the end of the Lease Contract
Residual Value: 30,137 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 693 CAD/month + tax
- Total Payable: 33,248 CAD
- Total Interest: 3,111 CAD
- 8.9%Interest Rate x 48 months
- 749 CAD/month + tax
- Total Payable: 35,929 CAD
- Total Interest: 5,792 CAD
- 14.9%Interest Rate x 48 months
- 837 CAD/month + tax
- Total Payable: 40,186 CAD
- Total Interest: 10,049 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)
2.42
- + tax
- + fuel
- + insurance
- 43.87CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
28.85
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
8,352.58
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Oct, 2020)
Seller Contact Info
This Contract was Already Transferred.
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