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: 5,104 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 22 months
Total Monthly Difference = 5,104 CAD
Total Savings (CAD) = 5,104

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,860 CAD
  • Total Vehicle Debt: 79,360 CAD
  • Paid so Far: 31,500 CAD (39% Paid)
  • Remaining Lease Payments: 13,860 CAD
  • Residual Value: 34,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 31,500 CAD Total Vehicle Value: 79,360 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,860 CAD
Term Paid so Far: 31,500 CAD Residual Value: 34,000 CAD
0%
39%
17%
44%
Cost to Own
Already Paid: 31,500 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 47,860 CAD
39% Paid
0%
61%
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: 47,860 CAD

  • 4.9%Interest Rate x 48 months
  • 1,100 CAD/month + tax
  • Total Payable: 52,801 CAD
  • Total Interest: 4,941 CAD
  • 8.9%Interest Rate x 48 months
  • 1,189 CAD/month + tax
  • Total Payable: 57,059 CAD
  • Total Interest: 9,199 CAD
  • 14.9%Interest Rate x 48 months
  • 1,330 CAD/month + tax
  • Total Payable: 63,819 CAD
  • Total Interest: 15,959 CAD

At the end of the Lease Contract

Residual Value: 34,000 CAD (in 22 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)

Distance Analysis
Cost to drive 100km: (CAD)
26.65
  • + tax
  • + fuel
  • + insurance
(or 0.27CAD per km)
  • 50.40CAD/100km (Original Contract back in May, 2016)
Time Analysis
Cost per day: (CAD)
20.71
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
545.45
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 288.46km/week (Contract Original back in May, 2016)

Similar Listings in Calgary

CAD/month x 46 months
2016 RAM 1500 st (ID: #43119)
337
Calgary
2016 RAM

1500 st Automatique AWD

Payment Details
  • Current Payment: 337 CAD/month + tax
  • Months to End: 46 months (Mar, 2028)
Vehicle Status
  • Contract Allowance: 0 km/year
  • Current Odometer: 138,000 km total
  • Available Now: -36,000 km/year (-3,000 per month)
See all Details
CAD/month x 30 months
2021 Jeep Gladiator (ID: #42744)
819
Calgary, ON
2021 Jeep

Gladiator Manuelle AWD

  • Wear & Tear Coverage
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
See all Details