Payment Analysis

655.14CAD/monthin Toronto, ON
    Before Taxes:
  • 655.14 CAD/month
  • 302.37 CAD/bi-weekly
  • 151.19 CAD/week
  • 7,861.68 CAD/year
Incl. Ontario Taxes (13%):
  • 740.31 CAD/month
  • 341.68 CAD/bi-weekly
  • 170.84 CAD/week
  • 8,883.70 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: 1,728 CAD

compared to leasing a BRAND NEW:

  • 2023 JEEP® WRANGLER 4-DOOR SPORT ALTITUDE
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 711
This Contract (CAD/month) 655
Monthly Difference 56 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 728 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 1,728
** "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: 51,317 CAD
  • Total Vehicle Debt: 77,592 CAD
  • Paid so Far: 25,275 CAD (32% Paid)
  • Remaining Lease Payments: 8,517 CAD
  • Residual Value: 43,800 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 25,275 CAD Total Vehicle Value: 77,592 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 8,517 CAD
Term Paid so Far: 22,275 CAD Residual Value: 43,800 CAD
3%
29%
11%
57%
Cost to Own
Already Paid: 25,275 CAD (32%)
Cash Incentive: 1,000 CAD Buyout Price Today: 51,317 CAD
32% Paid
1%
67%
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: 51,317 CAD

  • 4.9%Interest Rate x 48 months
  • 1,179 CAD/month + tax
  • Total Payable: 56,614 CAD
  • Total Interest: 5,298 CAD
  • 8.9%Interest Rate x 48 months
  • 1,275 CAD/month + tax
  • Total Payable: 61,180 CAD
  • Total Interest: 9,863 CAD
  • 14.9%Interest Rate x 48 months
  • 1,426 CAD/month + tax
  • Total Payable: 68,428 CAD
  • Total Interest: 17,111 CAD

At the end of the Lease Contract

Residual Value: 43,800 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 1,007 CAD/month + tax
  • Total Payable: 48,322 CAD
  • Total Interest: 4,522 CAD
  • 8.9%Interest Rate x 48 months
  • 1,088 CAD/month + tax
  • Total Payable: 52,219 CAD
  • Total Interest: 8,419 CAD
  • 14.9%Interest Rate x 48 months
  • 1,217 CAD/month + tax
  • Total Payable: 58,405 CAD
  • Total Interest: 14,605 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)
11.60
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 13.14CAD/100km (TODAY without the Cash Incentive)
  • 32.76CAD/100km (Original Contract back in Feb, 2022)
Time Analysis
Cost per day: (CAD)
19.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 21.54CAD/day (Original Contract back in Feb, 2022)
Remaining Km
Can be driven up to:
1,150.30
  • km/week
  • without any
  • additional costs
Excess km cost: 0.18CAD
  • 461.54km/week (Contract Original back in Feb, 2022)

Seller Contact Info

This Contract was Already Transferred.

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