This Vehicle is Sold
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Vehicle Photos
Transfer Details
pay 8,900 CAD
SAVE ~-7,200 CAD
CAD/month x 2 months
Transferred/Sold
2023 Volvo XC60 Core B6 (ID: #47668)
440
Oakville, ON
2023 Volvo
XC60 Core B6 Automatic AWD Climate Package, Parking Assist, Front and Rear, 19" 5-V Spoke Black Diamond-cut Alloy Wheel (235/55R19), Security Package
Payment Details
- Current Payment: 440 CAD/month + tax
- Required Payment: 8,900 CAD
- Payment Including Incentive: 4,890 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 42,624 CAD
- Months to End: 2 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 10,000 km total
- Available Now: 180,000 km/year (15,000 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.16 CAD/km
Payment Analysis
440.20CAD/monthin Oakville, ON
- 440.20 CAD/month
- 203.17 CAD/bi-weekly
- 101.58 CAD/week
- 5,282.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 497.43 CAD/month
- 229.58 CAD/bi-weekly
- 114.79 CAD/week
- 5,969.11 CAD/year
Estimate Insurance Costs
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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:
-7,162 CAD
compared to leasing a BRAND NEW:
- 2023 Volvo XC60 B6 AWD Core w/ Climate package (+1,000) + Park assist, rear and front (+200)
- for 12 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,309 |
|---|---|
| This Contract (CAD/month) | 440 |
| Monthly Difference | 869 CAD/month |
| Remaining Term | x 2 months |
| Total Monthly Difference | = 1,738 CAD |
| - Required Payment** (CAD) | - 8,900 |
| Total Savings (CAD) | = -7,162 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
52,404 CAD
- Total Vehicle Debt: 55,189 CAD
- Paid so Far: 11,684 CAD (21% Paid)
- Remaining Lease Payments: 880 CAD
- Residual Value: 42,624 CAD
- Required Payment: 8,900 CAD
Vehicle Debt & Value
Paid so far: 11,684 CAD Total Vehicle Value: 55,189 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 880 CAD
Term Paid so Far: 9,684 CAD Residual Value: 42,624 CAD
Cost to Own
Already Paid: 11,684 CAD (21%)
Required Payment: 8,900 CAD (16%)Buyout Price Today: 52,404 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: 52,404 CAD
- 4.9%Interest Rate x 48 months
- 1,204 CAD/month + tax
- Total Payable: 57,814 CAD
- Total Interest: 5,410 CAD
- 8.9%Interest Rate x 48 months
- 1,302 CAD/month + tax
- Total Payable: 62,477 CAD
- Total Interest: 10,072 CAD
- 14.9%Interest Rate x 48 months
- 1,456 CAD/month + tax
- Total Payable: 69,878 CAD
- Total Interest: 17,474 CAD
At the end of the Lease Contract
Residual Value: 42,624 CAD (in 2 months)
- 4.9%Interest Rate x 48 months
- 980 CAD/month + tax
- Total Payable: 47,024 CAD
- Total Interest: 4,400 CAD
- 8.9%Interest Rate x 48 months
- 1,059 CAD/month + tax
- Total Payable: 50,817 CAD
- Total Interest: 8,193 CAD
- 14.9%Interest Rate x 48 months
- 1,184 CAD/month + tax
- Total Payable: 56,837 CAD
- Total Interest: 14,213 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)
32.60
- + tax
- + fuel
- + insurance
- 2.93CAD/100km (TODAY without the Cash Incentive)
- 26.41CAD/100km (Original Contract back in Jan, 2023)
Time Analysis
Cost per day: (CAD)
160.77
- + tax
- + insurance
- + km driven & fuel
- 14.47CAD/day (Original Contract back in Jan, 2023)
Remaining Km
Can be driven up to:
3,461.54
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2023)
Seller Contact Info
This Contract was Already Transferred.
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