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Transfer Details

+ 2,000 cash
Volvo Lease Takeover in Montreal, QC: 2022 Volvo XC60 R-Design Automatic AWD ID:#
SAVE ~8,900 CAD
CAD/month x 6 months
2022 Volvo XC60 R-Design Polestar Engineered (ID: #45144)
919
Montreal, QC
2022 Volvo

XC60 R-Design Polestar Engineered Automatic AWD w/ Warranty Complete Term & Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 919 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 586 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 37,000 CAD
  • Months to End: 6 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 6,400 km total
  • Available Now: 115,200 km/year (9,600 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

919.00CAD/monthin Montreal, QC
    Before Taxes:
  • 919.00 CAD/month
  • 424.15 CAD/bi-weekly
  • 212.08 CAD/week
  • 11,028.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,056.67 CAD/month
  • 487.69 CAD/bi-weekly
  • 243.85 CAD/week
  • 12,679.99 CAD/year

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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: 8,262 ~ 9,562 CAD

compared to leasing a BRAND NEW:

  • Volvo XC60 Polestar Engineered (+$25,500) T8 AWD plug-in hybrid
  • for 12 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,696
This Contract (CAD/month) 919
Monthly Difference 777 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 4,662 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,262 ~ 9,562
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,514 CAD
  • Total Vehicle Debt: 84,112 CAD
  • Paid so Far: 41,598 CAD (49% Paid)
  • Remaining Lease Payments: 5,514 CAD
  • Residual Value: 37,000 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 41,598 CAD Total Vehicle Value: 84,112 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 5,514 CAD
Term Paid so Far: 38,598 CAD Residual Value: 37,000 CAD
3%
46%
6%
45%
Cost to Own
Already Paid: 41,598 CAD (49%)
Cash Incentive: 2,000 CAD Buyout Price Today: 40,514 CAD
49% Paid
2%
49%
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: 40,514 CAD

  • 4.9%Interest Rate x 48 months
  • 931 CAD/month + tax
  • Total Payable: 44,696 CAD
  • Total Interest: 4,182 CAD
  • 8.9%Interest Rate x 48 months
  • 1,006 CAD/month + tax
  • Total Payable: 48,301 CAD
  • Total Interest: 7,787 CAD
  • 14.9%Interest Rate x 48 months
  • 1,125 CAD/month + tax
  • Total Payable: 54,023 CAD
  • Total Interest: 13,509 CAD

At the end of the Lease Contract

Residual Value: 37,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 850 CAD/month + tax
  • Total Payable: 40,820 CAD
  • Total Interest: 3,820 CAD
  • 8.9%Interest Rate x 48 months
  • 919 CAD/month + tax
  • Total Payable: 44,112 CAD
  • Total Interest: 7,112 CAD
  • 14.9%Interest Rate x 48 months
  • 1,028 CAD/month + tax
  • Total Payable: 49,337 CAD
  • Total Interest: 12,337 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)
6.10
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 9.57CAD/100km (TODAY without the Cash Incentive)
  • 68.93CAD/100km (Original Contract back in Sep, 2022)
Time Analysis
Cost per day: (CAD)
19.25
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 30.21CAD/day (Original Contract back in Sep, 2022)
Remaining Km
Can be driven up to:
2,215.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Sep, 2022)

Seller Contact Info

  • Name: Rajasekar Vellaichamy
  • Location: Montreal, QC
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

Metallic Blue Car comes with Additional Polestar feature which makes it 400HP. It also have button controlled electronic hitch, 14 speaker Bowers & Wilkins system, having heated rear seats, heads up display, Hand stiched seats and dash, 360 degrees camera, inbuilt air purifier and semi autonomous driving assist. Bought the car with 5500$ downpayment discount.

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