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: 9,380 ~ 10,280 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 69 months
Total Monthly Difference = 8,280 CAD
+ Cash Incentive** (CAD) + 300
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,380 ~ 10,280
** "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: 55,972 CAD
  • Total Vehicle Debt: 43,332 CAD
  • Paid so Far: -12,940 CAD (-30% Paid)
  • Remaining Lease Payments: 22,908 CAD
  • Residual Value: 33,364 CAD
  • Cash Incentive: 300 CAD
Vehicle Debt & Value
Paid so far: -12,940 CAD Total Vehicle Value: 43,332 CAD
-30% Paid
130%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 22,908 CAD
Term Paid so Far: -14,940 CAD Residual Value: 33,364 CAD
4%
-34%
52%
78%
Cost to Own
Already Paid: -12,940 CAD (-30%)
Cash Incentive: 300 CAD Buyout Price Today: 55,972 CAD
-30% Paid
0%
130%
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: 55,972 CAD

  • 4.9%Interest Rate x 48 months
  • 1,286 CAD/month + tax
  • Total Payable: 61,750 CAD
  • Total Interest: 5,778 CAD
  • 8.9%Interest Rate x 48 months
  • 1,390 CAD/month + tax
  • Total Payable: 66,730 CAD
  • Total Interest: 10,758 CAD
  • 14.9%Interest Rate x 48 months
  • 1,555 CAD/month + tax
  • Total Payable: 74,636 CAD
  • Total Interest: 18,664 CAD

At the end of the Lease Contract

Residual Value: 33,364 CAD (in 69 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)
114.11
  • + tax
  • + fuel
  • + insurance
(inlcuding the 300CAD incentive)
Time Analysis
Cost per day: (CAD)
10.77
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 300CAD incentive)
Remaining Km
Can be driven up to:
66.26
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD