Payment Analysis

1,200.00CAD/monthin Brossard, QC
    Before Taxes:
  • 1,200.00 CAD/month
  • 553.85 CAD/bi-weekly
  • 276.92 CAD/week
  • 14,400.00 CAD/year
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: 3,480 ~ 4,780 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
Savings Breakdown:
Leasing New (CAD/month) 1,160
This Contract (CAD/month) 1,200
Monthly Difference -40 CAD/month
Remaining Term x 28 months
Total Monthly Difference = -1,120 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,480 ~ 4,780
** "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: 81,032 CAD
  • Total Vehicle Debt: 108,032 CAD
  • Paid so Far: 24,000 CAD (22% Paid)
  • Remaining Lease Payments: 33,600 CAD
  • Residual Value: 50,432 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 24,000 CAD Total Vehicle Value: 108,032 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 33,600 CAD
Term Paid so Far: 24,000 CAD Residual Value: 50,432 CAD
0%
22%
31%
47%
Cost to Own
Already Paid: 24,000 CAD (22%)
Cash Incentive: 3,000 CAD Buyout Price Today: 81,032 CAD
22% Paid
2%
76%
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: 81,032 CAD

  • 4.9%Interest Rate x 48 months
  • 1,862 CAD/month + tax
  • Total Payable: 89,397 CAD
  • Total Interest: 8,365 CAD
  • 8.9%Interest Rate x 48 months
  • 2,013 CAD/month + tax
  • Total Payable: 96,607 CAD
  • Total Interest: 15,575 CAD
  • 14.9%Interest Rate x 48 months
  • 2,251 CAD/month + tax
  • Total Payable: 108,052 CAD
  • Total Interest: 27,020 CAD

At the end of the Lease Contract

Residual Value: 50,432 CAD (in 28 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)
49.28
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 54.11CAD/100km (TODAY without the Cash Incentive)
  • 80.00CAD/100km (Original Contract back in Aug, 2023)
Time Analysis
Cost per day: (CAD)
35.93
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 39.45CAD/day (Original Contract back in Aug, 2023)
Remaining Km
Can be driven up to:
511.81
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 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?
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For more details about this contract, please contact the seller.

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