Payment Analysis

708.00CAD/monthin Nanaimo, BC
    Before Taxes:
  • 708.00 CAD/month
  • 326.77 CAD/bi-weekly
  • 163.38 CAD/week
  • 8,496.00 CAD/year
Incl. B.C. Taxes (12%):
  • 792.96 CAD/month
  • 365.98 CAD/bi-weekly
  • 182.99 CAD/week
  • 9,515.52 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: 1,880 ~ 3,180 CAD

compared to leasing a BRAND NEW:

  • JEEP® CHEROKEE TRAILHAWK Fully Loaded
  • for 60 months (finance takeover)
  • in B.C.
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 764
This Contract (CAD/month) 708
Monthly Difference 56 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 280 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,880 ~ 3,180

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 3,541 CAD
  • Total Vehicle Debt: 58,057 CAD
  • Paid so Far: 54,516 CAD (93% Paid)
  • Remaining Lease Payments: 3,540 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 54,516 CAD Total Vehicle Value: 58,057 CAD
93% Paid
7%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,540 CAD
Term Paid so Far: 54,516 CAD Residual Value: 1 CAD
0%
93%
6%
1%
Cost to Own
Already Paid: 54,516 CAD (93%)
Cash Incentive: 0 CAD Buyout Price Today: 3,541 CAD
93% Paid
0%
7%
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: 3,541 CAD

  • 4.9%Interest Rate x 48 months
  • 81 CAD/month + tax
  • Total Payable: 3,907 CAD
  • Total Interest: 366 CAD
  • 8.9%Interest Rate x 48 months
  • 88 CAD/month + tax
  • Total Payable: 4,222 CAD
  • Total Interest: 681 CAD
  • 14.9%Interest Rate x 48 months
  • 98 CAD/month + tax
  • Total Payable: 4,722 CAD
  • Total Interest: 1,181 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
5.44
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 42.48CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
23.28
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,003.82
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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