Payment Analysis

757.76CAD/monthin Montreal, QC
    Before Taxes:
  • 757.76 CAD/month
  • 349.74 CAD/bi-weekly
  • 174.87 CAD/week
  • 9,093.12 CAD/year
Incl. Québec Taxes (14.98%):
  • 871.27 CAD/month
  • 402.13 CAD/bi-weekly
  • 201.06 CAD/week
  • 10,455.27 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: 10,000 ~ 10,400 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLB 250 4MATIC SUV AWD w/ Navigation packages + Sport Package + Entretien
  • for 24 months
  • in QC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,217
This Contract (CAD/month) 758
Monthly Difference 460 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 9,200 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 10,000 ~ 10,400

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,050 CAD
  • Total Vehicle Debt: 64,289 CAD
  • Paid so Far: 22,239 CAD (34% Paid)
  • Remaining Lease Payments: 15,155 CAD
  • Residual Value: 26,895 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 22,239 CAD Total Vehicle Value: 64,289 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 3,295 CAD Remaining Term: 15,155 CAD
Term Paid so Far: 18,944 CAD Residual Value: 26,895 CAD
5%
29%
23%
43%
Cost to Own
Already Paid: 22,239 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 42,050 CAD
34% Paid
0%
66%
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: 42,050 CAD

  • 4.9%Interest Rate x 48 months
  • 966 CAD/month + tax
  • Total Payable: 46,391 CAD
  • Total Interest: 4,341 CAD
  • 8.9%Interest Rate x 48 months
  • 1,044 CAD/month + tax
  • Total Payable: 50,132 CAD
  • Total Interest: 8,082 CAD
  • 14.9%Interest Rate x 48 months
  • 1,168 CAD/month + tax
  • Total Payable: 56,072 CAD
  • Total Interest: 14,021 CAD

At the end of the Lease Contract

Residual Value: 26,895 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 618 CAD/month + tax
  • Total Payable: 29,671 CAD
  • Total Interest: 2,776 CAD
  • 8.9%Interest Rate x 48 months
  • 668 CAD/month + tax
  • Total Payable: 32,064 CAD
  • Total Interest: 5,169 CAD
  • 14.9%Interest Rate x 48 months
  • 747 CAD/month + tax
  • Total Payable: 35,863 CAD
  • Total Interest: 8,968 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)
23.32
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
  • 50.52CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
24.91
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
750.00
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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