Payment Analysis
745.00CAD/monthin Calgary, AB
- 745.00 CAD/month
- 343.85 CAD/bi-weekly
- 171.92 CAD/week
- 8,940.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 782.25 CAD/month
- 361.04 CAD/bi-weekly
- 180.52 CAD/week
- 9,387.00 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:
3,996 CAD
compared to leasing a BRAND NEW:
- RAM 1500 SPORT
- for 27 months
- in AB
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,078 |
|---|---|
| This Contract (CAD/month) | 745 |
| Monthly Difference | 333 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = 3,996 CAD |
| Total Savings (CAD) | = 3,996 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
61,940 CAD
- Total Vehicle Debt: 97,700 CAD
- Paid so Far: 35,760 CAD (36% Paid)
- Remaining Lease Payments: 8,940 CAD
- Residual Value: 53,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 35,760 CAD Total Vehicle Value: 97,700 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,940 CAD
Term Paid so Far: 35,760 CAD Residual Value: 53,000 CAD
Cost to Own
Already Paid: 35,760 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 61,940 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: 61,940 CAD
- 4.9%Interest Rate x 48 months
- 1,424 CAD/month + tax
- Total Payable: 68,334 CAD
- Total Interest: 6,394 CAD
- 8.9%Interest Rate x 48 months
- 1,538 CAD/month + tax
- Total Payable: 73,845 CAD
- Total Interest: 11,905 CAD
- 14.9%Interest Rate x 48 months
- 1,721 CAD/month + tax
- Total Payable: 82,594 CAD
- Total Interest: 20,654 CAD
At the end of the Lease Contract
Residual Value: 53,000 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 1,218 CAD/month + tax
- Total Payable: 58,471 CAD
- Total Interest: 5,471 CAD
- 8.9%Interest Rate x 48 months
- 1,316 CAD/month + tax
- Total Payable: 63,187 CAD
- Total Interest: 10,187 CAD
- 14.9%Interest Rate x 48 months
- 1,472 CAD/month + tax
- Total Payable: 70,673 CAD
- Total Interest: 17,673 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)
11.76
- + tax
- + fuel
- + insurance
- 44.70CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
24.49
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,461.54
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2018)
Similar Listings in Calgary
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1500 st Automatique AWD
Payment Details
- Current Payment: 337 CAD/month + tax
- Months to End: 45 months (Mar, 2028)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 138,000 km total
- Available Now: -36,800 km/year (-3,067 per month)
2021 Jeep
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Payment Details
- Current Payment: 819 CAD/month + tax
- Residual Value: 30,000 CAD
- Months to End: 30 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 39,015 km total
- Available Now: 31,594 km/year (2,633 per month)
- Excess Km Cost: 0.25 CAD/km
