RAM Lease Takeover in Calgary, AB: 2017 RAM LIMITED AIR SUSPENSION Automatique AWD ID:#4880 • LeaseCosts Canada

Payment Analysis

850.00CAD/monthin Calgary, AB

Before Taxes:

850.00 CAD/month
392.31 CAD/bi-weekly
196.15 CAD/week
10,200.00 CAD/year

Incl. Alberta Taxes (5%):

892.50 CAD/month
411.92 CAD/bi-weekly
205.96 CAD/week
10,710.00 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: 66,205 ~ 66,605 CAD

compared to leasing a BRAND NEW:

RAM 1500 LIMITED
for 12 months
in AB
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	2,021
This Contract (CAD/month)	850
Monthly Difference	1,171 CAD/month
Remaining Term	x 55 months
Total Monthly Difference	= 64,405 CAD
+ Cash Incentive** (CAD)	+ 1,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 66,205 ~ 66,605
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 69,750 CAD

Total Vehicle Debt: 76,000 CAD
Paid so Far: 5,250 CAD (6% Paid)
Remaining Lease Payments: 46,750 CAD
Residual Value: 24,000 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 5,250 CAD Total Vehicle Value: 76,000 CAD

6% Paid

94%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 46,750 CAD

Term Paid so Far: 4,250 CAD Residual Value: 24,000 CAD

62%

32%

Cost to Own

Already Paid: 5,250 CAD (6%)

Cash Incentive: 1,000 CAD Buyout Price Today: 69,750 CAD

6% Paid

93%

Additional Financing Details

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: 69,750 CAD

4.9%Interest Rate x 48 months
1,603 CAD/month + tax
Total Payable: 76,951 CAD
Total Interest: 7,201 CAD

8.9%Interest Rate x 48 months
1,732 CAD/month + tax
Total Payable: 83,156 CAD
Total Interest: 13,406 CAD

14.9%Interest Rate x 48 months
1,938 CAD/month + tax
Total Payable: 93,008 CAD
Total Interest: 23,258 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 55 months)

4.9%Interest Rate x 48 months
552 CAD/month + tax
Total Payable: 26,478 CAD
Total Interest: 2,478 CAD

8.9%Interest Rate x 48 months
596 CAD/month + tax
Total Payable: 28,613 CAD
Total Interest: 4,613 CAD

14.9%Interest Rate x 48 months
667 CAD/month + tax
Total Payable: 32,003 CAD
Total Interest: 8,003 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)