This Vehicle is Sold


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Transfer Details

RAM Lease Takeover in Toronto, ON: 2019 RAM 1500 ST Automatic AWD ID:#24724
SAVE ~300 CAD
CAD/month x 15 months
2019 RAM 1500 ST (ID: #24724)
712
Toronto, ON
2019 RAM

1500 ST Automatic AWD Classic Night Edition | FINANCE TAKEOVER

  • Warranty Complete Term
Payment Details
  • Current Payment: 712 CAD/month + tax
  • Residual Value: 1 CAD
  • Months to End: 15 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 96,000 km/year (8,000 per month)
Deal Special Perks
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

712.00CAD/monthin Toronto, ON
    Before Taxes:
  • 712.00 CAD/month
  • 328.62 CAD/bi-weekly
  • 164.31 CAD/week
  • 8,544.00 CAD/year
Incl. Ontario Taxes (13%):
  • 804.56 CAD/month
  • 371.34 CAD/bi-weekly
  • 185.67 CAD/week
  • 9,654.72 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

With this deal, you are saving: 285 CAD

compared to leasing a BRAND NEW:

  • 2021 Ram 1500 Classic Night Edition (Finance Takeover) w/ 5 year / 100,000 km warranty
  • for 72 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 731
This Contract (CAD/month) 712
Monthly Difference 19 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 285 CAD
Total Savings (CAD) = 285

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,681 CAD
  • Total Vehicle Debt: 68,353 CAD
  • Paid so Far: 57,672 CAD (84% Paid)
  • Remaining Lease Payments: 10,680 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 57,672 CAD Total Vehicle Value: 68,353 CAD
84% Paid
16%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,680 CAD
Term Paid so Far: 57,672 CAD Residual Value: 1 CAD
0%
84%
15%
1%
Cost to Own
Already Paid: 57,672 CAD (84%)
Cash Incentive: 0 CAD Buyout Price Today: 10,681 CAD
84% Paid
0%
16%
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: 10,681 CAD

  • 4.9%Interest Rate x 48 months
  • 245 CAD/month + tax
  • Total Payable: 11,784 CAD
  • Total Interest: 1,103 CAD
  • 8.9%Interest Rate x 48 months
  • 265 CAD/month + tax
  • Total Payable: 12,734 CAD
  • Total Interest: 2,053 CAD
  • 14.9%Interest Rate x 48 months
  • 297 CAD/month + tax
  • Total Payable: 14,243 CAD
  • Total Interest: 3,562 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
8.90
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 42.72CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
23.41
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,846.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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