Payment Analysis
693.80CAD/monthin Toronto, ON
- 693.80 CAD/month
- 320.22 CAD/bi-weekly
- 160.11 CAD/week
- 8,325.60 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 783.99 CAD/month
- 361.84 CAD/bi-weekly
- 180.92 CAD/week
- 9,407.93 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:
10,936 ~ 12,236 CAD
compared to leasing a BRAND NEW:
- Volvo XC40 R-Design T5 AWD w/ Climate Package ($1,000)
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,082 |
|---|---|
| This Contract (CAD/month) | 694 |
| Monthly Difference | 389 CAD/month |
| Remaining Term | x 24 months |
| Total Monthly Difference | = 9,336 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 10,936 ~ 12,236 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
42,231 CAD
- Total Vehicle Debt: 57,220 CAD
- Paid so Far: 14,988 CAD (26% Paid)
- Remaining Lease Payments: 16,651 CAD
- Residual Value: 25,580 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,988 CAD Total Vehicle Value: 57,220 CAD
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 16,651 CAD
Term Paid so Far: 12,488 CAD Residual Value: 25,580 CAD
Cost to Own
Already Paid: 14,988 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 42,231 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: 42,231 CAD
- 4.9%Interest Rate x 48 months
- 971 CAD/month + tax
- Total Payable: 46,591 CAD
- Total Interest: 4,360 CAD
- 8.9%Interest Rate x 48 months
- 1,049 CAD/month + tax
- Total Payable: 50,348 CAD
- Total Interest: 8,117 CAD
- 14.9%Interest Rate x 48 months
- 1,173 CAD/month + tax
- Total Payable: 56,313 CAD
- Total Interest: 14,082 CAD
At the end of the Lease Contract
Residual Value: 25,580 CAD (in 24 months)
- 4.9%Interest Rate x 48 months
- 588 CAD/month + tax
- Total Payable: 28,221 CAD
- Total Interest: 2,641 CAD
- 8.9%Interest Rate x 48 months
- 635 CAD/month + tax
- Total Payable: 30,497 CAD
- Total Interest: 4,917 CAD
- 14.9%Interest Rate x 48 months
- 711 CAD/month + tax
- Total Payable: 34,109 CAD
- Total Interest: 8,529 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)
23.89
- + tax
- + fuel
- + insurance
- 34.69CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
22.81
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
670.19
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Mar, 2020)
Seller Contact Info
This Contract was Already Transferred.
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