Payment Analysis

332.00CAD/monthin Niagara Falls, ON
    Before Taxes:
  • 332.00 CAD/month
  • 153.23 CAD/bi-weekly
  • 76.62 CAD/week
  • 3,984.00 CAD/year
Incl. Ontario Taxes (13%):
  • 375.16 CAD/month
  • 173.15 CAD/bi-weekly
  • 86.58 CAD/week
  • 4,501.92 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: 8,060 ~ 8,960 CAD

compared to leasing a BRAND NEW:

  • Jeep Wrangler
  • for 12 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 452
This Contract (CAD/month) 332
Monthly Difference 120 CAD/month
Remaining Term x 58 months
Total Monthly Difference = 6,960 CAD
+ Cash Incentive** (CAD) + 300
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,060 ~ 8,960
** "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: 52,320 CAD
  • Total Vehicle Debt: 43,332 CAD
  • Paid so Far: -9,288 CAD (-22% Paid)
  • Remaining Lease Payments: 19,256 CAD
  • Residual Value: 33,364 CAD
  • Cash Incentive: 300 CAD
Vehicle Debt & Value
Paid so far: -9,288 CAD Total Vehicle Value: 43,332 CAD
-22% Paid
122%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 19,256 CAD
Term Paid so Far: -11,288 CAD Residual Value: 33,364 CAD
4%
-26%
44%
78%
Cost to Own
Already Paid: -9,288 CAD (-22%)
Cash Incentive: 300 CAD Buyout Price Today: 52,320 CAD
-22% Paid
0%
122%
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: 52,320 CAD

  • 4.9%Interest Rate x 48 months
  • 1,203 CAD/month + tax
  • Total Payable: 57,721 CAD
  • Total Interest: 5,401 CAD
  • 8.9%Interest Rate x 48 months
  • 1,300 CAD/month + tax
  • Total Payable: 62,376 CAD
  • Total Interest: 10,056 CAD
  • 14.9%Interest Rate x 48 months
  • 1,453 CAD/month + tax
  • Total Payable: 69,766 CAD
  • Total Interest: 17,446 CAD

At the end of the Lease Contract

Residual Value: 33,364 CAD (in 58 months)

  • 4.9%Interest Rate x 48 months
  • 767 CAD/month + tax
  • Total Payable: 36,808 CAD
  • Total Interest: 3,444 CAD
  • 8.9%Interest Rate x 48 months
  • 829 CAD/month + tax
  • Total Payable: 39,777 CAD
  • Total Interest: 6,413 CAD
  • 14.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,489 CAD
  • Total Interest: 11,125 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)
95.68
  • + tax
  • + fuel
  • + insurance
(inlcuding the 300CAD incentive)
Time Analysis
Cost per day: (CAD)
10.75
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 300CAD incentive)
Remaining Km
Can be driven up to:
78.83
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD