Payment Analysis
1,200.00CAD/monthin Brossard, QC
- 1,200.00 CAD/month
- 553.85 CAD/bi-weekly
- 276.92 CAD/week
- 14,400.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 1,379.76 CAD/month
- 636.81 CAD/bi-weekly
- 318.41 CAD/week
- 16,557.12 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:
3,360 ~ 4,660 CAD
compared to leasing a BRAND NEW:
- 2024 JEEP® GRAND CHEROKEE L SUMMIT RESERVE
- for 48 months
- in Quebec
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 1,160 |
---|---|
This Contract (CAD/month) | 1,200 |
Monthly Difference | -40 CAD/month |
Remaining Term | x 31 months |
Total Monthly Difference | = -1,240 CAD |
+ Cash Incentive** (CAD) | + 3,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,360 ~ 4,660 |
** "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:
84,632 CAD
- Total Vehicle Debt: 108,032 CAD
- Paid so Far: 20,400 CAD (18% Paid)
- Remaining Lease Payments: 37,200 CAD
- Residual Value: 50,432 CAD
- Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 20,400 CAD Total Vehicle Value: 108,032 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 37,200 CAD
Term Paid so Far: 20,400 CAD Residual Value: 50,432 CAD
Cost to Own
Already Paid: 20,400 CAD (18%)
Cash Incentive: 3,000 CAD Buyout Price Today: 84,632 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: 84,632 CAD
- 4.9%Interest Rate x 48 months
- 1,945 CAD/month + tax
- Total Payable: 93,369 CAD
- Total Interest: 8,737 CAD
- 8.9%Interest Rate x 48 months
- 2,102 CAD/month + tax
- Total Payable: 100,899 CAD
- Total Interest: 16,267 CAD
- 14.9%Interest Rate x 48 months
- 2,351 CAD/month + tax
- Total Payable: 112,852 CAD
- Total Interest: 28,220 CAD
At the end of the Lease Contract
Residual Value: 50,432 CAD (in 31 months)
- 4.9%Interest Rate x 48 months
- 1,159 CAD/month + tax
- Total Payable: 55,638 CAD
- Total Interest: 5,206 CAD
- 8.9%Interest Rate x 48 months
- 1,253 CAD/month + tax
- Total Payable: 60,125 CAD
- Total Interest: 9,693 CAD
- 14.9%Interest Rate x 48 months
- 1,401 CAD/month + tax
- Total Payable: 67,248 CAD
- Total Interest: 16,816 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)
55.07
- + tax
- + fuel
- + insurance
- 59.90CAD/100km (TODAY without the Cash Incentive)
- 80.00CAD/100km (Original Contract back in Aug, 2023)
Time Analysis
Cost per day: (CAD)
36.27
- + tax
- + insurance
- + km driven & fuel
- 39.45CAD/day (Original Contract back in Aug, 2023)
Remaining Km
Can be driven up to:
462.28
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Aug, 2023)
Seller Contact Info
- Name: Mikael Bouchereau
- Location: Brossard, QC
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
For more details about this contract, please contact the seller.
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