Payment Analysis

780.00CAD/monthin Calgary, AB
    Before Taxes:
  • 780.00 CAD/month
  • 360.00 CAD/bi-weekly
  • 180.00 CAD/week
  • 9,360.00 CAD/year
Incl. Alberta Taxes (5%):
  • 819.00 CAD/month
  • 378.00 CAD/bi-weekly
  • 189.00 CAD/week
  • 9,828.00 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: 840 ~ 2,140 CAD

compared to leasing a BRAND NEW:

  • RAM RAM 1500 CLASSIC WARLOCK(Finance Takeover)
  • for 72 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 810
This Contract (CAD/month) 780
Monthly Difference 30 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 240 CAD
- Required Payment** (CAD) - 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 840 ~ 2,140
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 7,241 CAD
  • Total Vehicle Debt: 56,161 CAD
  • Paid so Far: 49,920 CAD (88% Paid)
  • Remaining Lease Payments: 6,240 CAD
  • Residual Value: 1 CAD
  • Required Payment: 1,000 CAD
Vehicle Debt & Value
Paid so far: 49,920 CAD Total Vehicle Value: 56,161 CAD
88% Paid
12%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,240 CAD
Term Paid so Far: 49,920 CAD Residual Value: 1 CAD
0%
88%
11%
1%
Cost to Own
Already Paid: 49,920 CAD (88%)
Required Payment: 1,000 CAD (1%)Buyout Price Today: 7,241 CAD
87% Paid
1%
12%
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: 7,241 CAD

  • 4.9%Interest Rate x 48 months
  • 166 CAD/month + tax
  • Total Payable: 7,989 CAD
  • Total Interest: 748 CAD
  • 8.9%Interest Rate x 48 months
  • 180 CAD/month + tax
  • Total Payable: 8,633 CAD
  • Total Interest: 1,392 CAD
  • 14.9%Interest Rate x 48 months
  • 201 CAD/month + tax
  • Total Payable: 9,655 CAD
  • Total Interest: 2,414 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 8 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)
7.46
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 6.43CAD/100km (TODAY without the Cash Incentive)
  • 46.80CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
29.75
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 25.64CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
2,798.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Calgary

CAD/month x 23 months
2023 RAM Bighorn night edition (ID: #63913)
796
Calgary
2023 RAM

Bighorn night edition Automatique AWD

Payment Details
  • Current Payment: 796 CAD/month + tax
  • Original Downpayment: 6,000 CAD
  • Residual Value: 36,724 CAD
  • Months to End: 23 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 22,957 km/year (1,913 per month)
See all Details
CAD/month x 26 months
2016 RAM 1500 st (ID: #43119)
337
Calgary
2016 RAM

1500 st Automatique AWD

Payment Details
  • Current Payment: 337 CAD/month + tax
  • Months to End: 26 months (Mar, 2028)
Vehicle Status
  • Contract Allowance: 0 km/year
  • Current Odometer: 138,000 km total
  • Available Now: -63,692 km/year (-5,308 per month)
See all Details
CAD/month x 11 months
2021 Jeep Gladiator (ID: #42744)
819
Calgary, ON
2021 Jeep

Gladiator Manuelle AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 819 CAD/month + tax
  • Residual Value: 30,000 CAD
  • Months to End: 11 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 39,015 km total
  • Available Now: 86,165 km/year (7,180 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.25 CAD/km
See all Details