Payment Analysis

1,106.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 1,106.00 CAD/month
  • 510.46 CAD/bi-weekly
  • 255.23 CAD/week
  • 13,272.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,238.72 CAD/month
  • 571.72 CAD/bi-weekly
  • 285.86 CAD/week
  • 14,864.64 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: 11,312 ~ 12,212 CAD

compared to leasing a BRAND NEW:

  • Volvo XC60 Ultimate B6 AWD mild hybrid
  • for 12 months
  • in British Columbia
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,690
This Contract (CAD/month) 1,106
Monthly Difference 584 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 10,512 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,312 ~ 12,212

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 78,633 CAD
  • Total Vehicle Debt: 101,859 CAD
  • Paid so Far: 23,226 CAD (22% Paid)
  • Remaining Lease Payments: 19,908 CAD
  • Residual Value: 58,725 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,226 CAD Total Vehicle Value: 101,859 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,908 CAD
Term Paid so Far: 23,226 CAD Residual Value: 58,725 CAD
0%
22%
19%
59%
Cost to Own
Already Paid: 23,226 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 78,633 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: 78,633 CAD

  • 4.9%Interest Rate x 48 months
  • 1,807 CAD/month + tax
  • Total Payable: 86,751 CAD
  • Total Interest: 8,118 CAD
  • 8.9%Interest Rate x 48 months
  • 1,953 CAD/month + tax
  • Total Payable: 93,747 CAD
  • Total Interest: 15,114 CAD
  • 14.9%Interest Rate x 48 months
  • 2,184 CAD/month + tax
  • Total Payable: 104,853 CAD
  • Total Interest: 26,220 CAD

At the end of the Lease Contract

Residual Value: 58,725 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 1,350 CAD/month + tax
  • Total Payable: 64,788 CAD
  • Total Interest: 6,062 CAD
  • 8.9%Interest Rate x 48 months
  • 1,459 CAD/month + tax
  • Total Payable: 70,013 CAD
  • Total Interest: 11,287 CAD
  • 14.9%Interest Rate x 48 months
  • 1,631 CAD/month + tax
  • Total Payable: 78,307 CAD
  • Total Interest: 19,582 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)
64.22
  • + tax
  • + fuel
  • + insurance
(or 0.64CAD per km)
  • 66.36CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
36.36
  • + tax
  • + insurance
  • + km driven & fuel
(0.18CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
397.44
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Apr, 2021)

Seller Contact Info

This Contract was Already Transferred.

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