Transfer Details
![Volvo Lease Takeover in Montreal, QC: 2022 Volvo XC60 R-Design Automatic AWD ID:#](/sites/default/files/styles/lt_thumb_mini/public/transfer-isolated/2023/volvo-lease-takeover-2022-volvo-xc60-montreal-qc.jpg.jpeg?itok=gphcvOQE)
XC60 R-Design Polestar Engineered Automatic AWD w/ Warranty Complete Term & Wear & Tear Coverage
Payment Details
- Current Payment: 919 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 839 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 37,000 CAD
- Months to End: 25 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 6,400 km total
- Available Now: 27,648 km/year (2,304 per month)
Deal Special Perks
Payment Analysis
- 919.00 CAD/month
- 424.15 CAD/bi-weekly
- 212.08 CAD/week
- 11,028.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 1,056.67 CAD/month
- 487.69 CAD/bi-weekly
- 243.85 CAD/week
- 12,679.99 CAD/year
Estimate Insurance Costs
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Lease Takeover/Buyout Analysis
For Leasing Purposes
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
Leasing New (CAD/month) | 1,696 |
---|---|
This Contract (CAD/month) | 919 |
Monthly Difference | 777 CAD/month |
Remaining Term | x 25 months |
Total Monthly Difference | = 19,425 CAD |
+ Cash Incentive** (CAD) | + 2,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 23,025 ~ 24,325 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
- Total Vehicle Debt: 84,112 CAD
- Paid so Far: 24,137 CAD (28% Paid)
- Remaining Lease Payments: 22,975 CAD
- Residual Value: 37,000 CAD
- Cash Incentive: 2,000 CAD
Paid so far: 24,137 CAD Total Vehicle Value: 84,112 CAD
Downpayment: 3,000 CAD Remaining Term: 22,975 CAD
Term Paid so Far: 21,137 CAD Residual Value: 37,000 CAD
Already Paid: 24,137 CAD (28%)
Cash Incentive: 2,000 CAD Buyout Price Today: 57,975 CAD
Finance the remaining Debt Today
Remaining Term + Residual Value: 57,975 CAD
- 4.9%Interest Rate x 48 months
- 1,332 CAD/month + tax
- Total Payable: 63,960 CAD
- Total Interest: 5,985 CAD
- 8.9%Interest Rate x 48 months
- 1,440 CAD/month + tax
- Total Payable: 69,118 CAD
- Total Interest: 11,143 CAD
- 14.9%Interest Rate x 48 months
- 1,611 CAD/month + tax
- Total Payable: 77,306 CAD
- Total Interest: 19,331 CAD
At the end of the Lease Contract
Residual Value: 37,000 CAD (in 25 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
- + tax
- + fuel
- + insurance
- 39.89CAD/100km (TODAY without the Cash Incentive)
- 68.93CAD/100km (Original Contract back in Sep, 2022)
Time Analysis
- + tax
- + insurance
- + km driven & fuel
- 30.21CAD/day (Original Contract back in Sep, 2022)
Remaining Km
- km/week
- without any
- additional costs
- 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?
(We instantly notify owners via Email/SMS)
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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