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Transfer Details

RAM Lease Takeover in Calgary, AB: 2018 RAM 1500 5.7 Hemi Sport Crew Cab Automatic AWD
CAD/month x 24 months
2018 RAM 1500 5.7 Hemi Sport Crew Cab (ID: #4977)
928
Calgary, AB
2018 RAM

1500 5.7 Hemi Sport Crew Cab Automatic AWD

Payment Details
  • Current Payment: 928 CAD/month + tax
  • Residual Value: 63,000 CAD
  • Months to End: 24 months (Jun, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 52,500 km/year (4,375 per month)

Payment Analysis

928.00CAD/monthin Calgary, AB
    Before Taxes:
  • 928.00 CAD/month
  • 428.31 CAD/bi-weekly
  • 214.15 CAD/week
  • 11,136.00 CAD/year
Incl. Alberta Taxes (5%):
  • 974.40 CAD/month
  • 449.72 CAD/bi-weekly
  • 224.86 CAD/week
  • 11,692.80 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: 85,272 CAD
  • Total Vehicle Debt: 132,600 CAD
  • Paid so Far: 47,328 CAD (35% Paid)
  • Remaining Lease Payments: 22,272 CAD
  • Residual Value: 63,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 47,328 CAD Total Vehicle Value: 132,600 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,272 CAD
Term Paid so Far: 47,328 CAD Residual Value: 63,000 CAD
0%
35%
16%
49%
Cost to Own
Already Paid: 47,328 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 85,272 CAD
35% Paid
0%
65%
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: 85,272 CAD

  • 4.9%Interest Rate x 48 months
  • 1,960 CAD/month + tax
  • Total Payable: 94,075 CAD
  • Total Interest: 8,803 CAD
  • 8.9%Interest Rate x 48 months
  • 2,118 CAD/month + tax
  • Total Payable: 101,662 CAD
  • Total Interest: 16,390 CAD
  • 14.9%Interest Rate x 48 months
  • 2,369 CAD/month + tax
  • Total Payable: 113,705 CAD
  • Total Interest: 28,433 CAD

At the end of the Lease Contract

Residual Value: 63,000 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 1,448 CAD/month + tax
  • Total Payable: 69,504 CAD
  • Total Interest: 6,504 CAD
  • 8.9%Interest Rate x 48 months
  • 1,565 CAD/month + tax
  • Total Payable: 75,109 CAD
  • Total Interest: 12,109 CAD
  • 14.9%Interest Rate x 48 months
  • 1,750 CAD/month + tax
  • Total Payable: 84,007 CAD
  • Total Interest: 21,007 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)
21.21
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 55.68CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
30.51
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,009.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2019)

Seller Contact Info

  • Name: Alan
  • Location: Calgary, AB
  • Date Contract Started:
  • Date Contract Ends:
Nothing wrong with the truck just getting little tight on money since I recently moved out and would like to use that money for other things other than the truck

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