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:
6,728 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 29 months |
| Total Monthly Difference | = 6,728 CAD |
| Total Savings (CAD) | = 6,728 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
52,270 CAD
- Total Vehicle Debt: 79,360 CAD
- Paid so Far: 27,090 CAD (34% Paid)
- Remaining Lease Payments: 18,270 CAD
- Residual Value: 34,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,090 CAD Total Vehicle Value: 79,360 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,270 CAD
Term Paid so Far: 27,090 CAD Residual Value: 34,000 CAD
Cost to Own
Already Paid: 27,090 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 52,270 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: 52,270 CAD
- 4.9%Interest Rate x 48 months
- 1,201 CAD/month + tax
- Total Payable: 57,666 CAD
- Total Interest: 5,396 CAD
- 8.9%Interest Rate x 48 months
- 1,298 CAD/month + tax
- Total Payable: 62,317 CAD
- Total Interest: 10,047 CAD
- 14.9%Interest Rate x 48 months
- 1,452 CAD/month + tax
- Total Payable: 69,699 CAD
- Total Interest: 17,429 CAD
At the end of the Lease Contract
Residual Value: 34,000 CAD (in 29 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)
35.13
- + 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:
413.79
- km/week
- without any
- additional costs
- 288.46km/week (Contract Original back in May, 2016)
Similar Listings in Calgary
2016 RAM
1500 st Automatique AWD
Payment Details
- Current Payment: 337 CAD/month + tax
- Months to End: 39 months (Mar, 2028)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 138,000 km total
- Available Now: -42,462 km/year (-3,538 per month)
2021 Jeep
Gladiator Manuelle AWD
Payment Details
- Current Payment: 819 CAD/month + tax
- Residual Value: 30,000 CAD
- Months to End: 23 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 39,015 km total
- Available Now: 41,210 km/year (3,434 per month)
- Excess Km Cost: 0.25 CAD/km
