Payment Analysis

439.03CAD/monthin Ottawa, ON
    Before Taxes:
  • 439.03 CAD/month
  • 202.63 CAD/bi-weekly
  • 101.31 CAD/week
  • 5,268.36 CAD/year
Incl. Ontario Taxes (13%):
  • 496.10 CAD/month
  • 228.97 CAD/bi-weekly
  • 114.49 CAD/week
  • 5,953.25 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: 16,140 ~ 16,540 CAD

compared to leasing a BRAND NEW:

  • JEEP® COMPASS SPORT Automatic 2WD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 785
This Contract (CAD/month) 439
Monthly Difference 346 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 13,840 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 16,140 ~ 16,540
** "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: 33,102 CAD
  • Total Vehicle Debt: 40,431 CAD
  • Paid so Far: 5,829 CAD (14% Paid)
  • Remaining Lease Payments: 17,561 CAD
  • Residual Value: 17,041 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 5,829 CAD Total Vehicle Value: 40,431 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 17,561 CAD
Term Paid so Far: 4,829 CAD Residual Value: 17,041 CAD
2%
12%
43%
43%
Cost to Own
Already Paid: 5,829 CAD (14%)
Cash Incentive: 1,500 CAD Buyout Price Today: 33,102 CAD
14% Paid
3%
83%
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: 33,102 CAD

  • 4.9%Interest Rate x 48 months
  • 761 CAD/month + tax
  • Total Payable: 36,519 CAD
  • Total Interest: 3,417 CAD
  • 8.9%Interest Rate x 48 months
  • 822 CAD/month + tax
  • Total Payable: 39,464 CAD
  • Total Interest: 6,362 CAD
  • 14.9%Interest Rate x 48 months
  • 920 CAD/month + tax
  • Total Payable: 44,140 CAD
  • Total Interest: 11,038 CAD

At the end of the Lease Contract

Residual Value: 17,041 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,800 CAD
  • Total Interest: 1,759 CAD
  • 8.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,316 CAD
  • Total Interest: 3,275 CAD
  • 14.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,723 CAD
  • Total Interest: 5,682 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)
38.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
13.20
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
242.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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