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
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:
-8,031 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 1 months |
Total Monthly Difference | = 869 CAD |
- Required Payment** (CAD) | - 8,900 |
Total Savings (CAD) | = -8,031 |
** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
51,964 CAD
- Total Vehicle Debt: 55,189 CAD
- Paid so Far: 12,125 CAD (21% Paid)
- Remaining Lease Payments: 440 CAD
- Residual Value: 42,624 CAD
- Required Payment: 8,900 CAD
Vehicle Debt & Value
Paid so far: 12,125 CAD Total Vehicle Value: 55,189 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 440 CAD
Term Paid so Far: 10,125 CAD Residual Value: 42,624 CAD
Cost to Own
Already Paid: 12,125 CAD (21%)
Required Payment: 8,900 CAD (16%)Buyout Price Today: 51,964 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: 51,964 CAD
- 4.9%Interest Rate x 48 months
- 1,194 CAD/month + tax
- Total Payable: 57,329 CAD
- Total Interest: 5,364 CAD
- 8.9%Interest Rate x 48 months
- 1,291 CAD/month + tax
- Total Payable: 61,952 CAD
- Total Interest: 9,988 CAD
- 14.9%Interest Rate x 48 months
- 1,444 CAD/month + tax
- Total Payable: 69,291 CAD
- Total Interest: 17,327 CAD
At the end of the Lease Contract
Residual Value: 42,624 CAD (in 1 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)
31.13
- + tax
- + fuel
- + insurance
- 1.47CAD/100km (TODAY without the Cash Incentive)
- 26.41CAD/100km (Original Contract back in Jan, 2023)
Time Analysis
Cost per day: (CAD)
307.08
- + tax
- + insurance
- + km driven & fuel
- 14.47CAD/day (Original Contract back in Jan, 2023)
Remaining Km
Can be driven up to:
6,923.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2023)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 3,000 cash
2022 BMW
Alpina XB7 Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 3,083 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 2,333 CAD/month + tax
- Original Downpayment: 3,416 CAD
- Months to End: 4 months (Apr, 2025)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 19,300 km total
- Available Now: 47,100 km/year (3,925 per month)
- Please note that this contract ends in less than a year.
Deal Special Perks
+ 1,500 cash
2022 Mercedes-Benz
GLC 43 AMG Automatique AWD Premium Package, AMG Package, Technology Package, Intelligent Drive Package
Payment Details
- Current Payment: 1,031 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 969 CAD/month + tax
- Original Downpayment: 12,983 CAD
- Residual Value: 39,797 CAD
- Months to End: 24 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 37,000 km total
- Available Now: 18,167 km/year (1,514 per month)
- Excess Km Cost: 0.30 CAD/km
Deal Special Perks
+ 2,000 cash
2023 Nissan
Rogue SV Automatique AWD Moonroof, Navigation, Android Auto/Apple Carplay, Sirius XM
Payment Details
- Current Payment: 494 CAD/month + tax
- Required Payment: 2,000 CAD
- Payment Including Incentive: 2,494 CAD/month + tax
- Original Downpayment: 2,168 CAD
- Residual Value: 28,748 CAD
- Months to End: 1 months (Dec, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 60,000 km/year (5,000 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.10 CAD/km
+ 4,000 cash
SAVE ~17,400 CAD
2022 BMW
X5 M50 Automatique AWD Premium Package, Technology Package
Payment Details
- Current Payment: 1,837 CAD/month + tax
- Cash Incentive: 4,000 CAD
- Payment After Incentive: 1,551 CAD/month + tax
- Residual Value: 45,448 CAD
- Months to End: 14 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 38,571 km/year (3,214 per month)
- Excess Km Cost: 0.25 CAD/km
Deal Special Perks
SAVE ~3,300 CAD
2022 Nissan
Rouge Platinum Automatique AWD Tricare Hazard Protect
Payment Details
- Current Payment: 745 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
- Months to End: 31 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 31,097 km/year (2,591 per month)
Deal Special Perks
+ 30,000 cash
SAVE ~-13,500 CAD
2022 Acura
MDX SH-AWD Platinum Elite Automatique AWD Acura 20” Wheel Glint Black Rims
Payment Details
- Current Payment: 478 CAD/month + tax
- Required Payment: 30,000 CAD
- Payment Including Incentive: 2,353 CAD/month + tax
- Original Downpayment: 32,000 CAD
- Residual Value: 18,720 CAD
- Months to End: 16 months (May, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 24,644 km total
- Available Now: 53,517 km/year (4,460 per month)