Payment Analysis

475.00CAD/monthin Stratford, PE
    Before Taxes:
  • 475.00 CAD/month
  • 219.23 CAD/bi-weekly
  • 109.62 CAD/week
  • 5,700.00 CAD/year
Incl. PEI Taxes (15%):
  • 546.25 CAD/month
  • 252.12 CAD/bi-weekly
  • 126.06 CAD/week
  • 6,555.00 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: 5,236 CAD

compared to leasing a BRAND NEW:

  • Jeep Wrangler Unlimited
  • for 27 months
  • in Ontario
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 629
This Contract (CAD/month) 475
Monthly Difference 154 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 5,236 CAD
Total Savings (CAD) = 5,236

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 53,006 CAD
  • Total Vehicle Debt: 56,381 CAD
  • Paid so Far: 3,375 CAD (5% Paid)
  • Remaining Lease Payments: 16,150 CAD
  • Residual Value: 36,856 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,375 CAD Total Vehicle Value: 56,381 CAD
5% Paid
95%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 16,150 CAD
Term Paid so Far: 2,375 CAD Residual Value: 36,856 CAD
1%
4%
28%
67%
Cost to Own
Already Paid: 3,375 CAD (5%)
Cash Incentive: 0 CAD Buyout Price Today: 53,006 CAD
5% Paid
0%
95%
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: 53,006 CAD

  • 4.9%Interest Rate x 48 months
  • 1,218 CAD/month + tax
  • Total Payable: 58,478 CAD
  • Total Interest: 5,472 CAD
  • 8.9%Interest Rate x 48 months
  • 1,317 CAD/month + tax
  • Total Payable: 63,194 CAD
  • Total Interest: 10,188 CAD
  • 14.9%Interest Rate x 48 months
  • 1,473 CAD/month + tax
  • Total Payable: 70,681 CAD
  • Total Interest: 17,675 CAD

At the end of the Lease Contract

Residual Value: 36,856 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 847 CAD/month + tax
  • Total Payable: 40,661 CAD
  • Total Interest: 3,805 CAD
  • 8.9%Interest Rate x 48 months
  • 915 CAD/month + tax
  • Total Payable: 43,940 CAD
  • Total Interest: 7,084 CAD
  • 14.9%Interest Rate x 48 months
  • 1,024 CAD/month + tax
  • Total Payable: 49,146 CAD
  • Total Interest: 12,290 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)
34.22
  • + tax
  • + fuel
  • + insurance
(or 0.34CAD per km)
Time Analysis
Cost per day: (CAD)
15.62
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
320.36
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided