This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 500 cash
Lease Takeover in Toronto, ON: 2017 Toyota Corolla SE Sport Alloy Rims Automatic 2WD
CAD/month x 18 months
2017 Toyota Corolla SE Sport (ID: #3518)
308
Toronto, ON
2017 Toyota

Corolla SE Sport Automatic 2WD + Alloy Rims + Upgrade Sport Package

Payment Details
  • Current Payment: 308 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 280 CAD/month + tax
  • Residual Value: 25,000 CAD
  • Months to End: 18 months (Jan, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,000 km total
  • Available Now: 72,000 km/year (6,000 per month)

Payment Analysis

308.00CAD/monthin Toronto, ON
    Before Taxes:
  • 308.00 CAD/month
  • 142.15 CAD/bi-weekly
  • 71.08 CAD/week
  • 3,696.00 CAD/year
Incl. Ontario Taxes (13%):
  • 348.04 CAD/month
  • 160.63 CAD/bi-weekly
  • 80.32 CAD/week
  • 4,176.48 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,044 CAD
  • Total Vehicle Debt: 49,024 CAD
  • Paid so Far: 18,480 CAD (37% Paid)
  • Remaining Lease Payments: 5,544 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 18,480 CAD Total Vehicle Value: 49,024 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,544 CAD
Term Paid so Far: 18,480 CAD Residual Value: 25,000 CAD
0%
37%
11%
52%
Cost to Own
Already Paid: 18,480 CAD (37%)
Cash Incentive: 500 CAD Buyout Price Today: 30,044 CAD
37% Paid
1%
62%
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: 30,044 CAD

  • 4.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,146 CAD
  • Total Interest: 3,102 CAD
  • 8.9%Interest Rate x 48 months
  • 746 CAD/month + tax
  • Total Payable: 35,819 CAD
  • Total Interest: 5,775 CAD
  • 14.9%Interest Rate x 48 months
  • 835 CAD/month + tax
  • Total Payable: 40,062 CAD
  • Total Interest: 10,018 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,805 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,336 CAD
  • Total Interest: 8,336 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)
4.67
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 5.13CAD/100km (TODAY without the Cash Incentive)
  • 18.48CAD/100km (Original Contract back in Jun, 2017)
Time Analysis
Cost per day: (CAD)
9.21
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 10.13CAD/day (Original Contract back in Jun, 2017)
Remaining Km
Can be driven up to:
1,384.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2017)

Seller Contact Info

This Contract was Already Transferred.

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