Vehicle Photos

Transfer Details

Lease Takeover Temporary Image
CAD/month x 26 months
2023 Jeep Grand Cherokee L Overland (ID: #46165)
783
Hamilton, ON
2023 Jeep

Grand Cherokee L Overland Automatic AWD Luxury Package I

  • Warranty Complete Term
Payment Details
  • Current Payment: 783 CAD/month + tax
  • Original Downpayment: 4,000 CAD
  • Residual Value: 51,716 CAD
  • Months to End: 26 months (Jul, 2026)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 1,500 km total
  • Available Now: 17,308 km/year (1,442 per month)
  • Excess Km Cost: 0.25 CAD/km

Payment Analysis

783.18CAD/monthin Hamilton, ON
    Before Taxes:
  • 783.18 CAD/month
  • 361.47 CAD/bi-weekly
  • 180.73 CAD/week
  • 9,398.16 CAD/year
Incl. Ontario Taxes (13%):
  • 884.99 CAD/month
  • 408.46 CAD/bi-weekly
  • 204.23 CAD/week
  • 10,619.92 CAD/year

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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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 72,079 CAD
  • Total Vehicle Debt: 86,260 CAD
  • Paid so Far: 14,181 CAD (16% Paid)
  • Remaining Lease Payments: 20,363 CAD
  • Residual Value: 51,716 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,181 CAD Total Vehicle Value: 86,260 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 20,363 CAD
Term Paid so Far: 10,181 CAD Residual Value: 51,716 CAD
4%
12%
23%
61%
Cost to Own
Already Paid: 14,181 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 72,079 CAD
16% Paid
0%
84%
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: 72,079 CAD

  • 4.9%Interest Rate x 48 months
  • 1,657 CAD/month + tax
  • Total Payable: 79,520 CAD
  • Total Interest: 7,441 CAD
  • 8.9%Interest Rate x 48 months
  • 1,790 CAD/month + tax
  • Total Payable: 85,933 CAD
  • Total Interest: 13,854 CAD
  • 14.9%Interest Rate x 48 months
  • 2,002 CAD/month + tax
  • Total Payable: 96,113 CAD
  • Total Interest: 24,034 CAD

At the end of the Lease Contract

Residual Value: 51,716 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 1,189 CAD/month + tax
  • Total Payable: 57,055 CAD
  • Total Interest: 5,339 CAD
  • 8.9%Interest Rate x 48 months
  • 1,285 CAD/month + tax
  • Total Payable: 61,656 CAD
  • Total Interest: 9,940 CAD
  • 14.9%Interest Rate x 48 months
  • 1,437 CAD/month + tax
  • Total Payable: 68,961 CAD
  • Total Interest: 17,244 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)
54.30
  • + tax
  • + fuel
  • + insurance
(or 0.54CAD per km)
  • 78.32CAD/100km (Original Contract back in Apr, 2023)
Time Analysis
Cost per day: (CAD)
25.75
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
332.84
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD
  • 230.77km/week (Contract Original back in Apr, 2023)

Seller Contact Info

  • Name: Michael Chiesa
  • Location: Hamilton, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

Looking to transfer my lease - only items required is $1,700 to recover my downpayment and for the lease transfer fees to be paid by individual taking over the lease. BRAND new car, got 6% discount - you will not be able to find this price on a brand new 2023 Overland Grand Cherokee L!

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