Jeep Lease Takeover in Hamilton, ON: 2023 Jeep Grand Cherokee L Overland Automatique AWD ID:#46165 • LeaseCosts Canada

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

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

12%

23%

61%

Cost to Own

Already Paid: 14,181 CAD (16%)

Cash Incentive: 0 CAD Buyout Price Today: 72,079 CAD

16% Paid

84%

Additional Financing Details

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: 2023-04-27
Date Contract Ends: 2026-07-27

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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!