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pay 8,900 CAD
Volvo Lease Takeover in Oakville: 2023 Volvo XC60 Core B6 Automatic AWD ID:#47668
SAVE ~5,000 CAD
CAD/month x 16 months
2023 Volvo XC60 Core B6 (ID: #47668)
440
Oakville, ON
2023 Volvo

XC60 Core B6 Automatic AWD Climate Package, Parking Assist, Front and Rear, 19" 5-V Spoke Black Diamond-cut Alloy Wheel (235/55R19), Security Package

  • Warranty Complete Term
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Required Payment: 8,900 CAD
  • Payment Including Incentive: 996 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 42,624 CAD
  • Months to End: 16 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,000 km total
  • Available Now: 22,500 km/year (1,875 per month)
  • Excess Km Cost: 0.16 CAD/km

Payment Analysis

440.20CAD/monthin Oakville, ON
    Before Taxes:
  • 440.20 CAD/month
  • 203.17 CAD/bi-weekly
  • 101.58 CAD/week
  • 5,282.40 CAD/year
Incl. Ontario Taxes (13%):
  • 497.43 CAD/month
  • 229.58 CAD/bi-weekly
  • 114.79 CAD/week
  • 5,969.11 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: 5,004 CAD

compared to leasing a BRAND NEW:

  • 2023 Volvo XC60 B6 AWD Core w/ Climate package (+1,000) + Park assist, rear and front (+200)
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,309
This Contract (CAD/month) 440
Monthly Difference 869 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 13,904 CAD
- Required Payment** (CAD) - 8,900
Total Savings (CAD) = 5,004
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 58,567 CAD
  • Total Vehicle Debt: 55,189 CAD
  • Paid so Far: 5,522 CAD (10% Paid)
  • Remaining Lease Payments: 7,043 CAD
  • Residual Value: 42,624 CAD
  • Required Payment: 8,900 CAD
Vehicle Debt & Value
Paid so far: 5,522 CAD Total Vehicle Value: 55,189 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 7,043 CAD
Term Paid so Far: 3,522 CAD Residual Value: 42,624 CAD
3%
7%
12%
78%
Cost to Own
Already Paid: 5,522 CAD (10%)
Required Payment: 8,900 CAD (16%)Buyout Price Today: 58,567 CAD
-6% Paid
16%
90%
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: 58,567 CAD

  • 4.9%Interest Rate x 48 months
  • 1,346 CAD/month + tax
  • Total Payable: 64,613 CAD
  • Total Interest: 6,046 CAD
  • 8.9%Interest Rate x 48 months
  • 1,455 CAD/month + tax
  • Total Payable: 69,824 CAD
  • Total Interest: 11,257 CAD
  • 14.9%Interest Rate x 48 months
  • 1,627 CAD/month + tax
  • Total Payable: 78,096 CAD
  • Total Interest: 19,529 CAD

At the end of the Lease Contract

Residual Value: 42,624 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 980 CAD/month + tax
  • Total Payable: 47,024 CAD
  • Total Interest: 4,400 CAD
  • 8.9%Interest Rate x 48 months
  • 1,059 CAD/month + tax
  • Total Payable: 50,817 CAD
  • Total Interest: 8,193 CAD
  • 14.9%Interest Rate x 48 months
  • 1,184 CAD/month + tax
  • Total Payable: 56,837 CAD
  • Total Interest: 14,213 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)
53.14
  • + tax
  • + fuel
  • + insurance
(inlcuding the 8,900CAD incentive)
  • 23.48CAD/100km (TODAY without the Cash Incentive)
  • 26.41CAD/100km (Original Contract back in Jan, 2023)
Time Analysis
Cost per day: (CAD)
32.76
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 8,900CAD incentive)
  • 14.47CAD/day (Original Contract back in Jan, 2023)
Remaining Km
Can be driven up to:
432.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Jan, 2023)

Seller Contact Info

  • Name: Sam
  • Location: Oakville, ON
  • Date Contract Started:
  • Date Contract Ends:

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For more details about this contract, please contact the seller.

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