Payment Analysis
712.00CAD/monthin Toronto, ON
- 712.00 CAD/month
- 328.62 CAD/bi-weekly
- 164.31 CAD/week
- 8,544.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 804.56 CAD/month
- 371.34 CAD/bi-weekly
- 185.67 CAD/week
- 9,654.72 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:
513 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
Leasing New (CAD/month) | 731 |
---|---|
This Contract (CAD/month) | 712 |
Monthly Difference | 19 CAD/month |
Remaining Term | x 27 months |
Total Monthly Difference | = 513 CAD |
Total Savings (CAD) | = 513 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,225 CAD
- Total Vehicle Debt: 68,353 CAD
- Paid so Far: 49,128 CAD (71% Paid)
- Remaining Lease Payments: 19,224 CAD
- Residual Value: 1 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 49,128 CAD Total Vehicle Value: 68,353 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,224 CAD
Term Paid so Far: 49,128 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 49,128 CAD (71%)
Cash Incentive: 0 CAD Buyout Price Today: 19,225 CAD
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: 19,225 CAD
- 4.9%Interest Rate x 48 months
- 442 CAD/month + tax
- Total Payable: 21,210 CAD
- Total Interest: 1,985 CAD
- 8.9%Interest Rate x 48 months
- 478 CAD/month + tax
- Total Payable: 22,920 CAD
- Total Interest: 3,695 CAD
- 14.9%Interest Rate x 48 months
- 534 CAD/month + tax
- Total Payable: 25,635 CAD
- Total Interest: 6,410 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 27 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)
16.02
- + tax
- + fuel
- + insurance
- 42.72CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
23.41
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,025.64
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Nov, 2019)
Seller Contact Info
This Contract was Already Transferred.
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