Payment Analysis

532.62CAD/monthin Vancouver, BC
    Before Taxes:
  • 532.62 CAD/month
  • 245.82 CAD/bi-weekly
  • 122.91 CAD/week
  • 6,391.44 CAD/year
Incl. B.C. Taxes (12%):
  • 596.53 CAD/month
  • 275.32 CAD/bi-weekly
  • 137.66 CAD/week
  • 7,158.41 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: 7,708 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLB 250 4MATIC Automatic AWD Premium Package, 7 seat, Navigation Package, Park assist, 360 camera, heated steering wheel
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 999
This Contract (CAD/month) 533
Monthly Difference 467 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 11,208 CAD
- Required Payment** (CAD) - 3,500
Total Savings (CAD) = 7,708
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 46,433 CAD
  • Total Vehicle Debt: 62,118 CAD
  • Paid so Far: 19,185 CAD (30% Paid)
  • Remaining Lease Payments: 12,783 CAD
  • Residual Value: 30,150 CAD
  • Required Payment: 3,500 CAD
Vehicle Debt & Value
Paid so far: 19,185 CAD Total Vehicle Value: 62,118 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 12,783 CAD
Term Paid so Far: 11,185 CAD Residual Value: 30,150 CAD
12%
18%
20%
50%
Cost to Own
Already Paid: 19,185 CAD (30%)
Required Payment: 3,500 CAD (5%)Buyout Price Today: 46,433 CAD
25% Paid
5%
70%
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: 46,433 CAD

  • 4.9%Interest Rate x 48 months
  • 1,067 CAD/month + tax
  • Total Payable: 51,227 CAD
  • Total Interest: 4,793 CAD
  • 8.9%Interest Rate x 48 months
  • 1,153 CAD/month + tax
  • Total Payable: 55,358 CAD
  • Total Interest: 8,925 CAD
  • 14.9%Interest Rate x 48 months
  • 1,290 CAD/month + tax
  • Total Payable: 61,916 CAD
  • Total Interest: 15,483 CAD

At the end of the Lease Contract

Residual Value: 30,150 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 693 CAD/month + tax
  • Total Payable: 33,263 CAD
  • Total Interest: 3,113 CAD
  • 8.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,945 CAD
  • Total Interest: 5,795 CAD
  • 14.9%Interest Rate x 48 months
  • 838 CAD/month + tax
  • Total Payable: 40,204 CAD
  • Total Interest: 10,053 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)
29.34
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,500CAD incentive)
  • 23.03CAD/100km (TODAY without the Cash Incentive)
  • 35.51CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
22.31
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,500CAD incentive)
  • 17.51CAD/day (Original Contract back in Mar, 2020)
Remaining Km
Can be driven up to:
533.65
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.15km/week (Contract Original back in Mar, 2020)

Seller Contact Info

This Contract was Already Transferred.

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