Payment Analysis

333.49CAD/monthin Sherwood Park, AB
    Before Taxes:
  • 333.49 CAD/month
  • 153.92 CAD/bi-weekly
  • 76.96 CAD/week
  • 4,001.88 CAD/year
Incl. Alberta Taxes (5%):
  • 350.16 CAD/month
  • 161.61 CAD/bi-weekly
  • 80.81 CAD/week
  • 4,201.97 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: 846 CAD

compared to leasing a BRAND NEW:

  • Volvo XC60 Momentum AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,179
This Contract (CAD/month) 333
Monthly Difference 846 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 846 CAD
Total Savings (CAD) = 846

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,664 CAD
  • Total Vehicle Debt: 52,337 CAD
  • Paid so Far: 11,672 CAD (22% Paid)
  • Remaining Lease Payments: 333 CAD
  • Residual Value: 40,331 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,672 CAD Total Vehicle Value: 52,337 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 333 CAD
Term Paid so Far: 11,672 CAD Residual Value: 40,331 CAD
0%
22%
0%
78%
Cost to Own
Already Paid: 11,672 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 40,664 CAD
22% Paid
0%
78%
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: 40,664 CAD

  • 4.9%Interest Rate x 48 months
  • 935 CAD/month + tax
  • Total Payable: 44,862 CAD
  • Total Interest: 4,198 CAD
  • 8.9%Interest Rate x 48 months
  • 1,010 CAD/month + tax
  • Total Payable: 48,480 CAD
  • Total Interest: 7,816 CAD
  • 14.9%Interest Rate x 48 months
  • 1,130 CAD/month + tax
  • Total Payable: 54,224 CAD
  • Total Interest: 13,559 CAD

At the end of the Lease Contract

Residual Value: 40,331 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,494 CAD
  • Total Interest: 4,163 CAD
  • 8.9%Interest Rate x 48 months
  • 1,002 CAD/month + tax
  • Total Payable: 48,083 CAD
  • Total Interest: 7,752 CAD
  • 14.9%Interest Rate x 48 months
  • 1,120 CAD/month + tax
  • Total Payable: 53,779 CAD
  • Total Interest: 13,448 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)
0.76
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 25.01CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
10.96
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
10,066.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

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