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Transfer Details

RAM Lease Takeover in Toronto, ON: 2019 RAM 1500 ST Automatic AWD ID:#24724
SAVE ~600 CAD
CAD/month x 34 months
2019 RAM 1500 ST (ID: #24724)
712
Toronto, ON
2019 RAM

1500 ST Automatic AWD Classic Night Edition | FINANCE TAKEOVER

  • Warranty Complete Term
Payment Details
  • Current Payment: 712 CAD/month + tax
  • Residual Value: 1 CAD
  • Months to End: 34 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 42,353 km/year (3,529 per month)
Deal Special Perks
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

712.00CAD/monthin Toronto, ON
    Before Taxes:
  • 712.00 CAD/month
  • 328.62 CAD/bi-weekly
  • 164.31 CAD/week
  • 8,544.00 CAD/year
Incl. Ontario Taxes (13%):
  • 804.56 CAD/month
  • 371.34 CAD/bi-weekly
  • 185.67 CAD/week
  • 9,654.72 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: 646 CAD

compared to leasing a BRAND NEW:

  • 2021 Ram 1500 Classic Night Edition (Finance Takeover) w/ 5 year / 100,000 km warranty
  • for 72 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 731
This Contract (CAD/month) 712
Monthly Difference 19 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 646 CAD
Total Savings (CAD) = 646

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,209 CAD
  • Total Vehicle Debt: 68,353 CAD
  • Paid so Far: 44,144 CAD (64% Paid)
  • Remaining Lease Payments: 24,208 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 44,144 CAD Total Vehicle Value: 68,353 CAD
64% Paid
36%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,208 CAD
Term Paid so Far: 44,144 CAD Residual Value: 1 CAD
0%
64%
35%
1%
Cost to Own
Already Paid: 44,144 CAD (64%)
Cash Incentive: 0 CAD Buyout Price Today: 24,209 CAD
64% Paid
0%
36%
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: 24,209 CAD

  • 4.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,708 CAD
  • Total Interest: 2,499 CAD
  • 8.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,862 CAD
  • Total Interest: 4,653 CAD
  • 14.9%Interest Rate x 48 months
  • 673 CAD/month + tax
  • Total Payable: 32,281 CAD
  • Total Interest: 8,072 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
20.17
  • + tax
  • + fuel
  • + insurance
(or 0.20CAD per km)
  • 42.72CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
23.41
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
814.48
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Nov, 2019)

Seller Contact Info

This Contract was Already Transferred.

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