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Transfer Details

RAM Lease Takeover in Oakville: 2017 RAM Outdoorsman slt Automatic AWD
SAVE ~200 CAD
CAD/month x 5 months
2017 RAM Outdoorsman SLT (ID: #4549)
519
Oakville, ON
2017 RAM

Outdoorsman SLT Automatic AWD

Payment Details
  • Current Payment: 519 CAD/month + tax
  • Original Downpayment: 14,632 CAD
  • Residual Value: 42,000 CAD
  • Months to End: 5 months (Jul, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 86,000 km total
  • Available Now: 229,600 km/year (19,133 per month)
  • Please note that this contract ends in less than a year.

Payment Analysis

518.82CAD/monthin Oakville, ON
    Before Taxes:
  • 518.82 CAD/month
  • 239.46 CAD/bi-weekly
  • 119.73 CAD/week
  • 6,225.84 CAD/year
Incl. Ontario Taxes (13%):
  • 586.27 CAD/month
  • 270.58 CAD/bi-weekly
  • 135.29 CAD/week
  • 7,035.20 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: 215 CAD

compared to leasing a BRAND NEW:

  • RAM 1500 TRADESMAN
  • for 60 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 561
This Contract (CAD/month) 519
Monthly Difference 43 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 215 CAD
Total Savings (CAD) = 215

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 44,594 CAD
  • Total Vehicle Debt: 113,183 CAD
  • Paid so Far: 68,589 CAD (60% Paid)
  • Remaining Lease Payments: 2,594 CAD
  • Residual Value: 42,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 68,589 CAD Total Vehicle Value: 113,183 CAD
60% Paid
40%
Vehicle Debt Breakdown
Downpayment: 14,632 CAD Remaining Term: 2,594 CAD
Term Paid so Far: 53,957 CAD Residual Value: 42,000 CAD
12%
48%
2%
38%
Cost to Own
Already Paid: 68,589 CAD (60%)
Cash Incentive: 0 CAD Buyout Price Today: 44,594 CAD
60% Paid
0%
40%
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: 44,594 CAD

  • 4.9%Interest Rate x 48 months
  • 1,025 CAD/month + tax
  • Total Payable: 49,198 CAD
  • Total Interest: 4,604 CAD
  • 8.9%Interest Rate x 48 months
  • 1,108 CAD/month + tax
  • Total Payable: 53,165 CAD
  • Total Interest: 8,571 CAD
  • 14.9%Interest Rate x 48 months
  • 1,239 CAD/month + tax
  • Total Payable: 59,464 CAD
  • Total Interest: 14,870 CAD

At the end of the Lease Contract

Residual Value: 42,000 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 965 CAD/month + tax
  • Total Payable: 46,336 CAD
  • Total Interest: 4,336 CAD
  • 8.9%Interest Rate x 48 months
  • 1,043 CAD/month + tax
  • Total Payable: 50,073 CAD
  • Total Interest: 8,073 CAD
  • 14.9%Interest Rate x 48 months
  • 1,167 CAD/month + tax
  • Total Payable: 56,005 CAD
  • Total Interest: 14,005 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)
2.71
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 31.13CAD/100km (Original Contract back in Jun, 2017)
Time Analysis
Cost per day: (CAD)
17.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,415.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2017)

Seller Contact Info

This Contract was Already Transferred.

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