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:
570 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 30 months |
| Total Monthly Difference | = 570 CAD |
| Total Savings (CAD) | = 570 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
21,361 CAD
- Total Vehicle Debt: 68,353 CAD
- Paid so Far: 46,992 CAD (68% Paid)
- Remaining Lease Payments: 21,360 CAD
- Residual Value: 1 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 46,992 CAD Total Vehicle Value: 68,353 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 21,360 CAD
Term Paid so Far: 46,992 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 46,992 CAD (68%)
Cash Incentive: 0 CAD Buyout Price Today: 21,361 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: 21,361 CAD
- 4.9%Interest Rate x 48 months
- 491 CAD/month + tax
- Total Payable: 23,566 CAD
- Total Interest: 2,205 CAD
- 8.9%Interest Rate x 48 months
- 531 CAD/month + tax
- Total Payable: 25,467 CAD
- Total Interest: 4,106 CAD
- 14.9%Interest Rate x 48 months
- 593 CAD/month + tax
- Total Payable: 28,484 CAD
- Total Interest: 7,123 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 30 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)
17.80
- + 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:
923.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Nov, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 3,000 cash
2024 Ford
F150 Lariat Chrome package PowerBoost Automatique AWD
Payment Details
- Current Payment: 540 CAD/month + tax
- Required Payment: 3,000 CAD
- Payment Including Incentive: 728 CAD/month + tax
- Original Downpayment: 4,500 CAD
- Residual Value: 64,112 CAD
- Months to End: 16 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 4,700 km total
- Available Now: 20,475 km/year (1,706 per month)
- Excess Km Cost: 0.16 CAD/km
+ 1,000 cash
SAVE ~5,300 CAD
2023 Ford
F150 Lariat Automatique AWD Black appearance package
Payment Details
- Current Payment: 1,223 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 1,196 CAD/month + tax
- Original Downpayment: 5,000 CAD
- Months to End: 36 months (May, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 31,000 km total
- Available Now: 15,778 km/year (1,315 per month)
Deal Special Perks
2023 Ford
F650 Automatique 2WD
Payment Details
- Current Payment: 3,500 CAD/month + tax
- Original Downpayment: 10,000 CAD
- Residual Value: 15,900 CAD
- Months to End: 48 months (May, 2029)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 31,000 km total
- Available Now: 17,250 km/year (1,438 per month)
2024 GMC
Canyon Automatique AWD Fully loaded at4 package
Payment Details
- Current Payment: 830 CAD/month + tax
- Months to End: 31 months (Dec, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 1,500 km total
- Available Now: 22,645 km/year (1,887 per month)
2022 GMC
Sierra AT4 Automatique AWD
Payment Details
- Current Payment: 1,226 CAD/month + tax
- Residual Value: 49,000 CAD
- Months to End: 14 months (Jul, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 60,000 km total
- Available Now: 29,143 km/year (2,429 per month)
- Excess Km Cost: 0.15 CAD/km
2023 Ford
Lariat Automatique AWD
Payment Details
- Current Payment: 509 CAD/month + tax
- Months to End: 4 months (Sep, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 28,000 km total
- Available Now: -52,000 km/year (-4,333 per month)
- Please note that this contract ends in less than a year.
