This Vehicle is Sold
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Vehicle Photos
Transfer Details
pay 16,500 CAD
SAVE ~36,500 CAD
CAD/month x 40 months
Transferred/Sold
2020 Volvo XC60 Inscription T6 (ID: #14345)
249
Oakville, ON
2020 Volvo
XC60 Inscription T6 Automatic AWD | ASKING $16,500 TO TAKEOVER MY LEASE | Massage Seats + Bowers and Wilkins stereo + Driftwood Decor Inlays + Premium Package + Premium Plus Package + Charcoal Headliner + Bumper Guard +Protection Package+Prepaid Maintenance + Lease Excess Wear Protection
Payment Details
- Current Payment: 249 CAD/month + tax
- Required Payment: 16,500 CAD
- Payment Including Incentive: 661 CAD/month + tax
- Original Downpayment: 23,000 CAD
- Residual Value: 41,074 CAD
- Months to End: 40 months (Nov, 2022)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 8,600 km total
- Available Now: 19,020 km/year (1,585 per month)
- Excess Km Cost: 0.16 CAD/km
Deal Special Perks
Payment Analysis
248.92CAD/monthin Oakville, ON
- 248.92 CAD/month
- 114.89 CAD/bi-weekly
- 57.44 CAD/week
- 2,987.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 281.28 CAD/month
- 129.82 CAD/bi-weekly
- 64.91 CAD/week
- 3,375.36 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:
36,020 ~ 36,920 CAD
compared to leasing a BRAND NEW:
- Volvo XC60 Inscription T6 w/ Premium Package ($1,950) + Premium Plus Package ($2,600) + Charcoal Headliner ($250) + Massage Front Seats ($1,300) + Bumper Guard ($160) + Winter wheel kits - 19" 10-Spoke Black DC Alloy - Michelin X-ice ($3,250) + Bowers and Wilkins Premium Sound System ($3,750) + Protection Package ($455)
- for 24 months
- in Ontario
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 1,541 |
|---|---|
| This Contract (CAD/month) | 249 |
| Monthly Difference | 1,293 CAD/month |
| Remaining Term | x 40 months |
| Total Monthly Difference | = 51,720 CAD |
| - Required Payment** (CAD) | - 16,500 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 36,020 ~ 36,920 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
67,531 CAD
- Total Vehicle Debt: 73,035 CAD
- Paid so Far: 22,004 CAD (30% Paid)
- Remaining Lease Payments: 9,957 CAD
- Residual Value: 41,074 CAD
- Required Payment: 16,500 CAD
Vehicle Debt & Value
Paid so far: 22,004 CAD Total Vehicle Value: 73,035 CAD
Vehicle Debt Breakdown
Downpayment: 23,000 CAD Remaining Term: 9,957 CAD
Term Paid so Far: -996 CAD Residual Value: 41,074 CAD
Cost to Own
Already Paid: 22,004 CAD (30%)
Required Payment: 16,500 CAD (22%)Buyout Price Today: 67,531 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: 67,531 CAD
- 4.9%Interest Rate x 48 months
- 1,552 CAD/month + tax
- Total Payable: 74,502 CAD
- Total Interest: 6,971 CAD
- 8.9%Interest Rate x 48 months
- 1,677 CAD/month + tax
- Total Payable: 80,511 CAD
- Total Interest: 12,980 CAD
- 14.9%Interest Rate x 48 months
- 1,876 CAD/month + tax
- Total Payable: 90,049 CAD
- Total Interest: 22,518 CAD
At the end of the Lease Contract
Residual Value: 41,074 CAD (in 40 months)
- 4.9%Interest Rate x 48 months
- 944 CAD/month + tax
- Total Payable: 45,314 CAD
- Total Interest: 4,240 CAD
- 8.9%Interest Rate x 48 months
- 1,020 CAD/month + tax
- Total Payable: 48,969 CAD
- Total Interest: 7,895 CAD
- 14.9%Interest Rate x 48 months
- 1,141 CAD/month + tax
- Total Payable: 54,770 CAD
- Total Interest: 13,696 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)
41.73
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
21.75
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
365.77
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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