Payment Analysis
630.00CAD/monthin Calgary, AB
- 630.00 CAD/month
- 290.77 CAD/bi-weekly
- 145.38 CAD/week
- 7,560.00 CAD/year
Before Taxes:
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:
7,424 CAD
compared to leasing a BRAND NEW:
- RAM 1500 TRADESMAN
- for 27 months
- in AB
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 862 |
---|---|
This Contract (CAD/month) | 630 |
Monthly Difference | 232 CAD/month |
Remaining Term | x 32 months |
Total Monthly Difference | = 7,424 CAD |
Total Savings (CAD) | = 7,424 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
54,160 CAD
- Total Vehicle Debt: 79,360 CAD
- Paid so Far: 25,200 CAD (31% Paid)
- Remaining Lease Payments: 20,160 CAD
- Residual Value: 34,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 25,200 CAD Total Vehicle Value: 79,360 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,160 CAD
Term Paid so Far: 25,200 CAD Residual Value: 34,000 CAD
Cost to Own
Already Paid: 25,200 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 54,160 CAD
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: 54,160 CAD
- 4.9%Interest Rate x 48 months
- 1,245 CAD/month + tax
- Total Payable: 59,751 CAD
- Total Interest: 5,591 CAD
- 8.9%Interest Rate x 48 months
- 1,345 CAD/month + tax
- Total Payable: 64,570 CAD
- Total Interest: 10,410 CAD
- 14.9%Interest Rate x 48 months
- 1,505 CAD/month + tax
- Total Payable: 72,219 CAD
- Total Interest: 18,059 CAD
At the end of the Lease Contract
Residual Value: 34,000 CAD (in 32 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)
38.77
- + tax
- + fuel
- + insurance
- 50.40CAD/100km (Original Contract back in May, 2016)
Time Analysis
Cost per day: (CAD)
20.71
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
375.00
- km/week
- without any
- additional costs
- 288.46km/week (Contract Original back in May, 2016)
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