Payment Analysis

799.00CAD/monthin Toronto, ON
    Before Taxes:
  • 799.00 CAD/month
  • 368.77 CAD/bi-weekly
  • 184.38 CAD/week
  • 9,588.00 CAD/year
Incl. Ontario Taxes (13%):
  • 902.87 CAD/month
  • 416.71 CAD/bi-weekly
  • 208.35 CAD/week
  • 10,834.44 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: 14,312 ~ 15,212 CAD

compared to leasing a BRAND NEW:

  • 2023 Volvo XC90 B6 AWD Plus Dark
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,362
This Contract (CAD/month) 799
Monthly Difference 563 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 13,512 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,312 ~ 15,212

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 66,800 CAD
  • Total Vehicle Debt: 77,187 CAD
  • Paid so Far: 10,387 CAD (13% Paid)
  • Remaining Lease Payments: 19,176 CAD
  • Residual Value: 47,624 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,387 CAD Total Vehicle Value: 77,187 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,176 CAD
Term Paid so Far: 10,387 CAD Residual Value: 47,624 CAD
0%
13%
24%
63%
Cost to Own
Already Paid: 10,387 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 66,800 CAD
13% Paid
0%
87%
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: 66,800 CAD

  • 4.9%Interest Rate x 48 months
  • 1,535 CAD/month + tax
  • Total Payable: 73,696 CAD
  • Total Interest: 6,896 CAD
  • 8.9%Interest Rate x 48 months
  • 1,659 CAD/month + tax
  • Total Payable: 79,639 CAD
  • Total Interest: 12,839 CAD
  • 14.9%Interest Rate x 48 months
  • 1,856 CAD/month + tax
  • Total Payable: 89,074 CAD
  • Total Interest: 22,274 CAD

At the end of the Lease Contract

Residual Value: 47,624 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 1,095 CAD/month + tax
  • Total Payable: 52,540 CAD
  • Total Interest: 4,916 CAD
  • 8.9%Interest Rate x 48 months
  • 1,183 CAD/month + tax
  • Total Payable: 56,777 CAD
  • Total Interest: 9,153 CAD
  • 14.9%Interest Rate x 48 months
  • 1,323 CAD/month + tax
  • Total Payable: 63,504 CAD
  • Total Interest: 15,880 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)
122.19
  • + tax
  • + fuel
  • + insurance
(or 1.22CAD per km)
Time Analysis
Cost per day: (CAD)
26.27
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
150.90
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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