Payment Analysis

738.00CAD/monthin Surrey, BC
    Before Taxes:
  • 738.00 CAD/month
  • 340.62 CAD/bi-weekly
  • 170.31 CAD/week
  • 8,856.00 CAD/year
Incl. B.C. Taxes (12%):
  • 826.56 CAD/month
  • 381.49 CAD/bi-weekly
  • 190.74 CAD/week
  • 9,918.72 CAD/year

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: 3,550 ~ 4,450 CAD

compared to leasing a BRAND NEW:

  • XC90 Inscription 6-Seat T6 AWD
  • for 24 months
  • in B.C.
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,288
This Contract (CAD/month) 738
Monthly Difference 550 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 2,750 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,550 ~ 4,450

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,690 CAD
  • Total Vehicle Debt: 57,424 CAD
  • Paid so Far: 31,734 CAD (55% Paid)
  • Remaining Lease Payments: 3,690 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 31,734 CAD Total Vehicle Value: 57,424 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,690 CAD
Term Paid so Far: 31,734 CAD Residual Value: 22,000 CAD
0%
55%
6%
39%
Cost to Own
Already Paid: 31,734 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 25,690 CAD
55% Paid
0%
45%
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: 25,690 CAD

  • 4.9%Interest Rate x 48 months
  • 590 CAD/month + tax
  • Total Payable: 28,342 CAD
  • Total Interest: 2,652 CAD
  • 8.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,628 CAD
  • Total Interest: 4,938 CAD
  • 14.9%Interest Rate x 48 months
  • 714 CAD/month + tax
  • Total Payable: 34,256 CAD
  • Total Interest: 8,566 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,271 CAD
  • Total Interest: 2,271 CAD
  • 8.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,228 CAD
  • Total Interest: 4,228 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,336 CAD
  • Total Interest: 7,336 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)
4.89
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 44.28CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
24.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,484.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 384.62km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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