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: 4,100 ~ 5,000 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 6 months
Total Monthly Difference = 3,300 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,100 ~ 5,000

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,428 CAD
  • Total Vehicle Debt: 57,424 CAD
  • Paid so Far: 30,996 CAD (53% Paid)
  • Remaining Lease Payments: 4,428 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 30,996 CAD Total Vehicle Value: 57,424 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,428 CAD
Term Paid so Far: 30,996 CAD Residual Value: 22,000 CAD
0%
53%
7%
40%
Cost to Own
Already Paid: 30,996 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 26,428 CAD
53% Paid
0%
47%
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: 26,428 CAD

  • 4.9%Interest Rate x 48 months
  • 607 CAD/month + tax
  • Total Payable: 29,156 CAD
  • Total Interest: 2,728 CAD
  • 8.9%Interest Rate x 48 months
  • 656 CAD/month + tax
  • Total Payable: 31,508 CAD
  • Total Interest: 5,080 CAD
  • 14.9%Interest Rate x 48 months
  • 734 CAD/month + tax
  • Total Payable: 35,240 CAD
  • Total Interest: 8,812 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 6 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)
5.86
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 44.28CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
24.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,903.85
  • 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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