Payment Analysis
816.64CAD/monthin Fredericton, NB
- 816.64 CAD/month
- 376.91 CAD/bi-weekly
- 188.46 CAD/week
- 9,799.68 CAD/year
Before Taxes:
Incl. New Brunswick Taxes (15%):
- 939.14 CAD/month
- 433.45 CAD/bi-weekly
- 216.72 CAD/week
- 11,269.63 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:
1,214 ~ 2,114 CAD
compared to leasing a BRAND NEW:
- Mercedes-Benz GLB 250 4MATIC SUV Automatic AWD Night Package, Navigation package, Tech Package, Heated steering wheel
- for 24 months
- in NB
- $0 down payment
- 18,000 km/year
| Leasing New (CAD/month) | 954 |
|---|---|
| This Contract (CAD/month) | 817 |
| Monthly Difference | 138 CAD/month |
| Remaining Term | x 3 months |
| Total Monthly Difference | = 414 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,214 ~ 2,114 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
33,099 CAD
- Total Vehicle Debt: 69,398 CAD
- Paid so Far: 36,299 CAD (52% Paid)
- Remaining Lease Payments: 2,450 CAD
- Residual Value: 30,649 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 36,299 CAD Total Vehicle Value: 69,398 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 2,450 CAD
Term Paid so Far: 34,299 CAD Residual Value: 30,649 CAD
Cost to Own
Already Paid: 36,299 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 33,099 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: 33,099 CAD
- 4.9%Interest Rate x 48 months
- 761 CAD/month + tax
- Total Payable: 36,516 CAD
- Total Interest: 3,417 CAD
- 8.9%Interest Rate x 48 months
- 822 CAD/month + tax
- Total Payable: 39,460 CAD
- Total Interest: 6,362 CAD
- 14.9%Interest Rate x 48 months
- 919 CAD/month + tax
- Total Payable: 44,135 CAD
- Total Interest: 11,037 CAD
At the end of the Lease Contract
Residual Value: 30,649 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 704 CAD/month + tax
- Total Payable: 33,813 CAD
- Total Interest: 3,164 CAD
- 8.9%Interest Rate x 48 months
- 761 CAD/month + tax
- Total Payable: 36,540 CAD
- Total Interest: 5,891 CAD
- 14.9%Interest Rate x 48 months
- 851 CAD/month + tax
- Total Payable: 40,868 CAD
- Total Interest: 10,220 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)
4.90
- + tax
- + fuel
- + insurance
- 54.37CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
26.85
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
3,848.46
- km/week
- without any
- additional costs
- 346.62km/week (Contract Original back in Nov, 2020)
