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:
3,040 ~ 4,340 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 39 months |
| Total Monthly Difference | = -1,560 CAD |
| + Cash Incentive** (CAD) | + 3,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 3,040 ~ 4,340 |
| ** "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:
94,232 CAD
- Total Vehicle Debt: 108,032 CAD
- Paid so Far: 10,800 CAD (9% Paid)
- Remaining Lease Payments: 46,800 CAD
- Residual Value: 50,432 CAD
- Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 10,800 CAD Total Vehicle Value: 108,032 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 46,800 CAD
Term Paid so Far: 10,800 CAD Residual Value: 50,432 CAD
Cost to Own
Already Paid: 10,800 CAD (9%)
Cash Incentive: 3,000 CAD Buyout Price Today: 94,232 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: 94,232 CAD
- 4.9%Interest Rate x 48 months
- 2,166 CAD/month + tax
- Total Payable: 103,960 CAD
- Total Interest: 9,728 CAD
- 8.9%Interest Rate x 48 months
- 2,340 CAD/month + tax
- Total Payable: 112,344 CAD
- Total Interest: 18,112 CAD
- 14.9%Interest Rate x 48 months
- 2,618 CAD/month + tax
- Total Payable: 125,653 CAD
- Total Interest: 31,421 CAD
At the end of the Lease Contract
Residual Value: 50,432 CAD (in 39 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)
70.53
- + tax
- + fuel
- + insurance
- 75.36CAD/100km (TODAY without the Cash Incentive)
- 80.00CAD/100km (Original Contract back in Aug, 2023)
Time Analysis
Cost per day: (CAD)
36.92
- + tax
- + insurance
- + km driven & fuel
- 39.45CAD/day (Original Contract back in Aug, 2023)
Remaining Km
Can be driven up to:
367.46
- 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.
Similar Listings in Montreal
+ 5,000 cash
SAVE ~23,700 CAD
2024 Chevrolet
Trax 2RS Automatique 2WD
Payment Details
- Current Payment: 535 CAD/month + tax
- Cash Incentive: 5,000 CAD
- Payment After Incentive: 413 CAD/month + tax
- Residual Value: 17,663 CAD
- Months to End: 41 months (Oct, 2027)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 10,000 km total
- Available Now: 25,171 km/year (2,098 per month)
- Excess Km Cost: 0.16 CAD/km
Deal Special Perks
SAVE ~4,700 CAD
2023 Honda
HR-V Sport Automatique AWD Protection Package, 4 wheels with winter tires.
Payment Details
- Current Payment: 513 CAD/month + tax
- Residual Value: 13,911 CAD
- Months to End: 48 months (May, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 7,100 km total
- Available Now: 22,808 km/year (1,901 per month)
- Excess Km Cost: 0.12 CAD/km
+ 2,500 cash
2024 Mazda
CX-5 GX Automatique AWD
Payment Details
- Current Payment: 512 CAD/month + tax
- Cash Incentive: 2,500 CAD
- Payment After Incentive: 450 CAD/month + tax
- Residual Value: 18,000 CAD
- Months to End: 40 months (Sep, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 8,000 km total
- Available Now: 16,400 km/year (1,367 per month)
- Excess Km Cost: 0.08 CAD/km
+ 1,000 cash
2021 Lincoln
Corsair Automatique AWD
Payment Details
- Current Payment: 695 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 645 CAD/month + tax
- Residual Value: 21,000 CAD
- Months to End: 20 months (Feb, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 44,000 km total
- Available Now: 21,600 km/year (1,800 per month)
- Excess Km Cost: 0.16 CAD/km
+ 4,000 cash
SAVE ~8,700 CAD
2022 Mazda
Cx5 Signature Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 626 CAD/month + tax
- Cash Incentive: 4,000 CAD
- Payment After Incentive: 501 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Residual Value: 24,965 CAD
- Months to End: 32 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 44,000 km total
- Available Now: 13,500 km/year (1,125 per month)
- Excess Km Cost: 0.08 CAD/km
+ 2,000 cash
SAVE ~26,000 CAD
2022 Volvo
XC60 R-Design Polestar Engineered Automatique AWD w/ Warranty Complete Term & Wear & Tear Coverage
Payment Details
- Current Payment: 919 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 848 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 37,000 CAD
- Months to End: 28 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 6,400 km total
- Available Now: 24,686 km/year (2,057 per month)
