RAM Lease Takeover in Calgary, AB: 2016 RAM 1500 Outdoorsman Automatique AWD ID:#5031 • LeaseCosts Canada

Payment Analysis

630.00CAD/monthin Calgary, AB

Before Taxes:

630.00 CAD/month
290.77 CAD/bi-weekly
145.38 CAD/week
7,560.00 CAD/year

Incl. Alberta Taxes (5%):

661.50 CAD/month
305.31 CAD/bi-weekly
152.65 CAD/week
7,938.00 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: 10,904 CAD

compared to leasing a BRAND NEW:

RAM 1500 TRADESMAN
for 27 months
in AB
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	862
This Contract (CAD/month)	630
Monthly Difference	232 CAD/month
Remaining Term	x 47 months
Total Monthly Difference	= 10,904 CAD
Total Savings (CAD)	= 10,904

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 63,610 CAD

Total Vehicle Debt: 79,360 CAD
Paid so Far: 15,750 CAD (19% Paid)
Remaining Lease Payments: 29,610 CAD
Residual Value: 34,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 15,750 CAD Total Vehicle Value: 79,360 CAD

19% Paid

81%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 29,610 CAD

Term Paid so Far: 15,750 CAD Residual Value: 34,000 CAD

19%

37%

44%

Cost to Own

Already Paid: 15,750 CAD (19%)

Cash Incentive: 0 CAD Buyout Price Today: 63,610 CAD

19% Paid

81%

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: 63,610 CAD

4.9%Interest Rate x 48 months
1,462 CAD/month + tax
Total Payable: 70,177 CAD
Total Interest: 6,567 CAD

8.9%Interest Rate x 48 months
1,580 CAD/month + tax
Total Payable: 75,836 CAD
Total Interest: 12,226 CAD

14.9%Interest Rate x 48 months
1,767 CAD/month + tax
Total Payable: 84,820 CAD
Total Interest: 21,210 CAD

At the end of the Lease Contract

Residual Value: 34,000 CAD (in 47 months)

4.9%Interest Rate x 48 months
781 CAD/month + tax
Total Payable: 37,510 CAD
Total Interest: 3,510 CAD

8.9%Interest Rate x 48 months
844 CAD/month + tax
Total Payable: 40,535 CAD
Total Interest: 6,535 CAD

14.9%Interest Rate x 48 months
945 CAD/month + tax
Total Payable: 45,337 CAD
Total Interest: 11,337 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)