This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 3,000 cash
RAM Lease Takeover in Nanaimo: 2020 RAM 1500 Limited Automatic AWD ID:#31017
SAVE ~4,700 CAD
CAD/month x 8 months
2020 RAM 1500 Limited (ID: #31017)
832
Nanaimo, BCCarFax Canada Accident Report
2020 RAM

1500 Limited Automatic AWD EcoDiesel w/ Warranty Complete Term

View CarFax Canada Report

  • Warranty Complete Term
Payment Details
  • Current Payment: 832 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 457 CAD/month + tax
  • Residual Value: 29,700 CAD
  • Months to End: 8 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 15,879 km total
  • Available Now: 111,182 km/year (9,265 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

831.94CAD/monthin Nanaimo, BC
    Before Taxes:
  • 831.94 CAD/month
  • 383.97 CAD/bi-weekly
  • 191.99 CAD/week
  • 9,983.28 CAD/year
Incl. B.C. Taxes (12%):
  • 931.77 CAD/month
  • 430.05 CAD/bi-weekly
  • 215.02 CAD/week
  • 11,181.27 CAD/year

Estimate Insurance Costs

 

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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: 4,712 CAD

compared to leasing a BRAND NEW:

  • RAM 1500 Limited AWD
  • for 48 months
  • in BC
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,045
This Contract (CAD/month) 832
Monthly Difference 214 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 1,712 CAD
+ Cash Incentive** (CAD) + 3,000
Total Savings (CAD) = 4,712
** "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: 33,356 CAD
  • Total Vehicle Debt: 79,616 CAD
  • Paid so Far: 43,261 CAD (54% Paid)
  • Remaining Lease Payments: 6,656 CAD
  • Residual Value: 29,700 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 43,261 CAD Total Vehicle Value: 79,616 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,656 CAD
Term Paid so Far: 43,261 CAD Residual Value: 29,700 CAD
0%
54%
8%
38%
Cost to Own
Already Paid: 43,261 CAD (54%)
Cash Incentive: 3,000 CAD Buyout Price Today: 33,356 CAD
54% Paid
3%
43%
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: 33,356 CAD

  • 4.9%Interest Rate x 48 months
  • 767 CAD/month + tax
  • Total Payable: 36,799 CAD
  • Total Interest: 3,443 CAD
  • 8.9%Interest Rate x 48 months
  • 828 CAD/month + tax
  • Total Payable: 39,767 CAD
  • Total Interest: 6,411 CAD
  • 14.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,478 CAD
  • Total Interest: 11,122 CAD

At the end of the Lease Contract

Residual Value: 29,700 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,766 CAD
  • Total Interest: 3,066 CAD
  • 8.9%Interest Rate x 48 months
  • 738 CAD/month + tax
  • Total Payable: 35,408 CAD
  • Total Interest: 5,708 CAD
  • 14.9%Interest Rate x 48 months
  • 825 CAD/month + tax
  • Total Payable: 39,603 CAD
  • Total Interest: 9,903 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)
4.93
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 8.98CAD/100km (TODAY without the Cash Incentive)
  • 55.46CAD/100km (Original Contract back in Jan, 2021)
Time Analysis
Cost per day: (CAD)
15.02
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 27.35CAD/day (Original Contract back in Jan, 2021)
Remaining Km
Can be driven up to:
2,138.11
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 346.15km/week (Contract Original back in Jan, 2021)

Seller Contact Info

This Contract was Already Transferred.

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