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RAM Lease Takeover in Cornwall, ON: 2018 RAM 1500 5.7 Hemi Automatic AWD
CAD/month x 40 months
2018 RAM 1500 5.7 Hemi (ID: #4871)
740
Cornwall, ON
2018 RAM

1500 5.7 Hemi Automatic AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 740 CAD/month + tax
  • Residual Value: 53,000 CAD
  • Months to End: 40 months (Jun, 2025)
Vehicle Status
  • Contract Allowance: 10,000 km/year
  • Current Odometer: 10,000 km total
  • Available Now: 18,000 km/year (1,500 per month)

Payment Analysis

740.00CAD/monthin Cornwall, ON
    Before Taxes:
  • 740.00 CAD/month
  • 341.54 CAD/bi-weekly
  • 170.77 CAD/week
  • 8,880.00 CAD/year
Incl. Ontario Taxes (13%):
  • 836.20 CAD/month
  • 385.94 CAD/bi-weekly
  • 192.97 CAD/week
  • 10,034.40 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: 82,600 CAD
  • Total Vehicle Debt: 115,160 CAD
  • Paid so Far: 32,560 CAD (28% Paid)
  • Remaining Lease Payments: 29,600 CAD
  • Residual Value: 53,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 32,560 CAD Total Vehicle Value: 115,160 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,600 CAD
Term Paid so Far: 32,560 CAD Residual Value: 53,000 CAD
0%
28%
25%
47%
Cost to Own
Already Paid: 32,560 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 82,600 CAD
28% Paid
0%
72%
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: 82,600 CAD

  • 4.9%Interest Rate x 48 months
  • 1,898 CAD/month + tax
  • Total Payable: 91,127 CAD
  • Total Interest: 8,527 CAD
  • 8.9%Interest Rate x 48 months
  • 2,052 CAD/month + tax
  • Total Payable: 98,476 CAD
  • Total Interest: 15,876 CAD
  • 14.9%Interest Rate x 48 months
  • 2,295 CAD/month + tax
  • Total Payable: 110,142 CAD
  • Total Interest: 27,542 CAD

At the end of the Lease Contract

Residual Value: 53,000 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 1,218 CAD/month + tax
  • Total Payable: 58,471 CAD
  • Total Interest: 5,471 CAD
  • 8.9%Interest Rate x 48 months
  • 1,316 CAD/month + tax
  • Total Payable: 63,187 CAD
  • Total Interest: 10,187 CAD
  • 14.9%Interest Rate x 48 months
  • 1,472 CAD/month + tax
  • Total Payable: 70,673 CAD
  • Total Interest: 17,673 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)
49.33
  • + tax
  • + fuel
  • + insurance
(or 0.49CAD per km)
  • 88.80CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
24.33
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
346.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 192.31km/week (Contract Original back in Jun, 2018)

Seller Contact Info

  • Name: Jeff
  • Location: Cornwall, ON
  • Date Contract Started:
  • Date Contract Ends:
Well taken care of and lightly driven. Brand new condition!

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