Payment Analysis
919.00CAD/monthin Montreal, QC
- 919.00 CAD/month
- 424.15 CAD/bi-weekly
- 212.08 CAD/week
- 11,028.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 1,056.67 CAD/month
- 487.69 CAD/bi-weekly
- 243.85 CAD/week
- 12,679.99 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:
19,140 ~ 20,440 CAD
compared to leasing a BRAND NEW:
- Volvo XC60 Polestar Engineered (+$25,500) T8 AWD plug-in hybrid
- for 12 months
- in Québec
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,696 |
|---|---|
| This Contract (CAD/month) | 919 |
| Monthly Difference | 777 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 15,540 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 19,140 ~ 20,440 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
53,380 CAD
- Total Vehicle Debt: 84,112 CAD
- Paid so Far: 28,732 CAD (34% Paid)
- Remaining Lease Payments: 18,380 CAD
- Residual Value: 37,000 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 28,732 CAD Total Vehicle Value: 84,112 CAD
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 18,380 CAD
Term Paid so Far: 25,732 CAD Residual Value: 37,000 CAD
Cost to Own
Already Paid: 28,732 CAD (34%)
Cash Incentive: 2,000 CAD Buyout Price Today: 53,380 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: 53,380 CAD
- 4.9%Interest Rate x 48 months
- 1,227 CAD/month + tax
- Total Payable: 58,891 CAD
- Total Interest: 5,511 CAD
- 8.9%Interest Rate x 48 months
- 1,326 CAD/month + tax
- Total Payable: 63,640 CAD
- Total Interest: 10,260 CAD
- 14.9%Interest Rate x 48 months
- 1,483 CAD/month + tax
- Total Payable: 71,179 CAD
- Total Interest: 17,799 CAD
At the end of the Lease Contract
Residual Value: 37,000 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 850 CAD/month + tax
- Total Payable: 40,820 CAD
- Total Interest: 3,820 CAD
- 8.9%Interest Rate x 48 months
- 919 CAD/month + tax
- Total Payable: 44,112 CAD
- Total Interest: 7,112 CAD
- 14.9%Interest Rate x 48 months
- 1,028 CAD/month + tax
- Total Payable: 49,337 CAD
- Total Interest: 12,337 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)
28.44
- + tax
- + fuel
- + insurance
- 31.91CAD/100km (TODAY without the Cash Incentive)
- 68.93CAD/100km (Original Contract back in Sep, 2022)
Time Analysis
Cost per day: (CAD)
26.93
- + tax
- + insurance
- + km driven & fuel
- 30.21CAD/day (Original Contract back in Sep, 2022)
Remaining Km
Can be driven up to:
664.62
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Sep, 2022)
Seller Contact Info
- Name: Rajasekar Vellaichamy
- Location: Montreal, QC
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
Metallic Blue Car comes with Additional Polestar feature which makes it 400HP. It also have button controlled electronic hitch, 14 speaker Bowers & Wilkins system, having heated rear seats, heads up display, Hand stiched seats and dash, 360 degrees camera, inbuilt air purifier and semi autonomous driving assist. Bought the car with 5500$ downpayment discount.
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