Payment Analysis

1,100.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 1,100.00 CAD/month
  • 507.69 CAD/bi-weekly
  • 253.85 CAD/week
  • 13,200.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,232.00 CAD/month
  • 568.62 CAD/bi-weekly
  • 284.31 CAD/week
  • 14,784.00 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: 12,933 CAD

compared to leasing a BRAND NEW:

  • Mercedes-Benz GLE 450 4MATIC SUV AWD
  • for 24 months
  • in BC
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,579
This Contract (CAD/month) 1,100
Monthly Difference 479 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 12,933 CAD
Total Savings (CAD) = 12,933

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 74,200 CAD
  • Total Vehicle Debt: 102,100 CAD
  • Paid so Far: 27,900 CAD (27% Paid)
  • Remaining Lease Payments: 29,700 CAD
  • Residual Value: 44,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,900 CAD Total Vehicle Value: 102,100 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 29,700 CAD
Term Paid so Far: 20,900 CAD Residual Value: 44,500 CAD
6%
21%
29%
44%
Cost to Own
Already Paid: 27,900 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 74,200 CAD
27% Paid
0%
73%
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: 74,200 CAD

  • 4.9%Interest Rate x 48 months
  • 1,705 CAD/month + tax
  • Total Payable: 81,860 CAD
  • Total Interest: 7,660 CAD
  • 8.9%Interest Rate x 48 months
  • 1,843 CAD/month + tax
  • Total Payable: 88,462 CAD
  • Total Interest: 14,262 CAD
  • 14.9%Interest Rate x 48 months
  • 2,061 CAD/month + tax
  • Total Payable: 98,942 CAD
  • Total Interest: 24,742 CAD

At the end of the Lease Contract

Residual Value: 44,500 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 1,023 CAD/month + tax
  • Total Payable: 49,094 CAD
  • Total Interest: 4,594 CAD
  • 8.9%Interest Rate x 48 months
  • 1,105 CAD/month + tax
  • Total Payable: 53,053 CAD
  • Total Interest: 8,553 CAD
  • 14.9%Interest Rate x 48 months
  • 1,236 CAD/month + tax
  • Total Payable: 59,338 CAD
  • Total Interest: 14,838 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)
69.61
  • + tax
  • + fuel
  • + insurance
(or 0.70CAD per km)
  • 94.29CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
36.16
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
364.67
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 269.23km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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