Payment Analysis

556.00CAD/monthin Surrey, BC
    Before Taxes:
  • 556.00 CAD/month
  • 256.62 CAD/bi-weekly
  • 128.31 CAD/week
  • 6,672.00 CAD/year
Incl. B.C. Taxes (12%):
  • 622.72 CAD/month
  • 287.41 CAD/bi-weekly
  • 143.70 CAD/week
  • 7,472.64 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: 430 CAD

compared to leasing a BRAND NEW:

  • Jeep Compass Trailhawk Automatic AWD
  • for 48 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 599
This Contract (CAD/month) 556
Monthly Difference 43 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 430 CAD
Total Savings (CAD) = 430

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 63,351 CAD
  • Total Vehicle Debt: 91,151 CAD
  • Paid so Far: 27,800 CAD (30% Paid)
  • Remaining Lease Payments: 5,560 CAD
  • Residual Value: 57,791 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,800 CAD Total Vehicle Value: 91,151 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,560 CAD
Term Paid so Far: 27,800 CAD Residual Value: 57,791 CAD
0%
30%
6%
64%
Cost to Own
Already Paid: 27,800 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 63,351 CAD
30% Paid
0%
70%
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: 63,351 CAD

  • 4.9%Interest Rate x 48 months
  • 1,456 CAD/month + tax
  • Total Payable: 69,891 CAD
  • Total Interest: 6,540 CAD
  • 8.9%Interest Rate x 48 months
  • 1,573 CAD/month + tax
  • Total Payable: 75,527 CAD
  • Total Interest: 12,176 CAD
  • 14.9%Interest Rate x 48 months
  • 1,760 CAD/month + tax
  • Total Payable: 84,475 CAD
  • Total Interest: 21,124 CAD

At the end of the Lease Contract

Residual Value: 57,791 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 1,328 CAD/month + tax
  • Total Payable: 63,757 CAD
  • Total Interest: 5,966 CAD
  • 8.9%Interest Rate x 48 months
  • 1,435 CAD/month + tax
  • Total Payable: 68,898 CAD
  • Total Interest: 11,108 CAD
  • 14.9%Interest Rate x 48 months
  • 1,605 CAD/month + tax
  • Total Payable: 77,061 CAD
  • Total Interest: 19,270 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)
5.63
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 33.36CAD/100km (Original Contract back in Mar, 2020)
Time Analysis
Cost per day: (CAD)
18.28
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,280.00
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2020)

Seller Contact Info

This Contract was Already Transferred.

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