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SAVE ~10,000 CAD
CAD/month x 15 months
2021 Volvo XC60 Polestar Engineered (ID: #45357)
1,106
Vancouver, BC
2021 Volvo
XC60 Polestar Engineered Automatic AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 1,106 CAD/month + tax
- Residual Value: 58,725 CAD
- Months to End: 15 months (Jul, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 34,000 km total
- Available Now: 24,800 km/year (2,067 per month)
- Excess Km Cost: 0.10 CAD/km
Payment Analysis
1,106.00CAD/monthin Vancouver, BC
- 1,106.00 CAD/month
- 510.46 CAD/bi-weekly
- 255.23 CAD/week
- 13,272.00 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 1,238.72 CAD/month
- 571.72 CAD/bi-weekly
- 285.86 CAD/week
- 14,864.64 CAD/year
Estimate Insurance Costs
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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:
9,560 ~ 10,460 CAD
compared to leasing a BRAND NEW:
- Volvo XC60 Ultimate B6 AWD mild hybrid
- for 12 months
- in British Columbia
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,690 |
|---|---|
| This Contract (CAD/month) | 1,106 |
| Monthly Difference | 584 CAD/month |
| Remaining Term | x 15 months |
| Total Monthly Difference | = 8,760 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,560 ~ 10,460 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
75,315 CAD
- Total Vehicle Debt: 101,859 CAD
- Paid so Far: 26,544 CAD (26% Paid)
- Remaining Lease Payments: 16,590 CAD
- Residual Value: 58,725 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,544 CAD Total Vehicle Value: 101,859 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,590 CAD
Term Paid so Far: 26,544 CAD Residual Value: 58,725 CAD
Cost to Own
Already Paid: 26,544 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 75,315 CAD
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: 75,315 CAD
- 4.9%Interest Rate x 48 months
- 1,731 CAD/month + tax
- Total Payable: 83,090 CAD
- Total Interest: 7,775 CAD
- 8.9%Interest Rate x 48 months
- 1,871 CAD/month + tax
- Total Payable: 89,791 CAD
- Total Interest: 14,476 CAD
- 14.9%Interest Rate x 48 months
- 2,092 CAD/month + tax
- Total Payable: 100,429 CAD
- Total Interest: 25,113 CAD
At the end of the Lease Contract
Residual Value: 58,725 CAD (in 15 months)
- 4.9%Interest Rate x 48 months
- 1,350 CAD/month + tax
- Total Payable: 64,788 CAD
- Total Interest: 6,062 CAD
- 8.9%Interest Rate x 48 months
- 1,459 CAD/month + tax
- Total Payable: 70,013 CAD
- Total Interest: 11,287 CAD
- 14.9%Interest Rate x 48 months
- 1,631 CAD/month + tax
- Total Payable: 78,307 CAD
- Total Interest: 19,582 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)
53.52
- + tax
- + fuel
- + insurance
- 66.36CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
36.36
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
476.92
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2021)
Seller Contact Info
- Name: Alex Smith
- Location: Vancouver, BC
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
This is an amazing vehicle!! I love it to death - performs amazingly. The Polestar package is worth it for those who care about a car that handles well and has huge power. A true pleasure to drive. I'm only giving it up because I've moved to San Francisco and importing a Canadian car is too much hassle when it's leased!
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