Payment Analysis
594.06CAD/monthin Milton, ON
- 594.06 CAD/month
- 274.18 CAD/bi-weekly
- 137.09 CAD/week
- 7,128.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 671.29 CAD/month
- 309.83 CAD/bi-weekly
- 154.91 CAD/week
- 8,055.45 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:
5,665 ~ 6,065 CAD
compared to leasing a BRAND NEW:
- 2022 Volvo S60
- for 12 months
- in Ontario
- $0 down payment
- 12,000 km/year
Leasing New (CAD/month) | 1,309 |
---|---|
This Contract (CAD/month) | 594 |
Monthly Difference | 715 CAD/month |
Remaining Term | x 11 months |
Total Monthly Difference | = 7,865 CAD |
- Required Payment** (CAD) | - 3,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 5,665 ~ 6,065 |
** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
45,241 CAD
- Total Vehicle Debt: 62,395 CAD
- Paid so Far: 20,154 CAD (32% Paid)
- Remaining Lease Payments: 6,535 CAD
- Residual Value: 35,706 CAD
- Required Payment: 3,000 CAD
Vehicle Debt & Value
Paid so far: 20,154 CAD Total Vehicle Value: 62,395 CAD
Vehicle Debt Breakdown
Downpayment: 1,738 CAD Remaining Term: 6,535 CAD
Term Paid so Far: 18,416 CAD Residual Value: 35,706 CAD
Cost to Own
Already Paid: 20,154 CAD (32%)
Required Payment: 3,000 CAD (4%)Buyout Price Today: 45,241 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: 45,241 CAD
- 4.9%Interest Rate x 48 months
- 1,040 CAD/month + tax
- Total Payable: 49,911 CAD
- Total Interest: 4,670 CAD
- 8.9%Interest Rate x 48 months
- 1,124 CAD/month + tax
- Total Payable: 53,936 CAD
- Total Interest: 8,695 CAD
- 14.9%Interest Rate x 48 months
- 1,257 CAD/month + tax
- Total Payable: 60,326 CAD
- Total Interest: 15,085 CAD
At the end of the Lease Contract
Residual Value: 35,706 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 821 CAD/month + tax
- Total Payable: 39,392 CAD
- Total Interest: 3,686 CAD
- 8.9%Interest Rate x 48 months
- 887 CAD/month + tax
- Total Payable: 42,569 CAD
- Total Interest: 6,863 CAD
- 14.9%Interest Rate x 48 months
- 992 CAD/month + tax
- Total Payable: 47,612 CAD
- Total Interest: 11,906 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)
48.41
- + tax
- + fuel
- + insurance
- 33.18CAD/100km (TODAY without the Cash Incentive)
- 59.41CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
28.50
- + tax
- + insurance
- + km driven & fuel
- 19.53CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
413.18
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in May, 2020)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
SAVE ~1,000 CAD
2023 Hyundai
IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 910 CAD/month + tax
- Months to End: 46 months (Sep, 2028)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 22,000 km total
- Available Now: 25,565 km/year (2,130 per month)
Deal Special Perks
2024 Tesla
Model 3 Long Range Automatique AWD
Payment Details
- Current Payment: 847 CAD/month + tax
- Months to End: 45 months (Aug, 2028)
Vehicle Status
- Contract Allowance: 25,000 km/year
- Current Odometer: 4,254 km total
- Available Now: 24,977 km/year (2,081 per month)
- Excess Km Cost: 0.15 CAD/km
+ 500 cash
2024 Hyundai
Elantra Luxury Automatique 2WD
Payment Details
- Current Payment: 229 CAD/month + tax
- Cash Incentive: 500 CAD
- Payment After Incentive: 213 CAD/month + tax
- Months to End: 33 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 4,500 km total
- Available Now: 20,182 km/year (1,682 per month)
2024 Acura
TYPE S Manuelle 2WD
Payment Details
- Current Payment: 800 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 26,000 CAD
- Months to End: 44 months (Jul, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 2,000 km total
- Available Now: 21,273 km/year (1,773 per month)
- Excess Km Cost: 0.10 CAD/km
2024 Hyundai
Elantra N Automatique 2WD Performance package
Payment Details
- Current Payment: 583 CAD/month + tax
- Residual Value: 19,000 CAD
- Months to End: 41 months (Apr, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 3,000 km total
- Available Now: 22,537 km/year (1,878 per month)
- Excess Km Cost: 0.20 CAD/km
2022 BMW
330I Automatique AWD
Payment Details
- Current Payment: 581 CAD/month + tax
- Residual Value: 19,500 CAD
- Months to End: 23 months (Oct, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 64,000 km total
- Available Now: 8,348 km/year (696 per month)
- Excess Km Cost: 0.15 CAD/km