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Lease Takeover in Toronto, ON: 2019 Toyota Corolla LE Automatic 2WD ID:#4157
CAD/month x 29 months
2019 Toyota Corolla LE (ID: #4157)
306
Toronto, ON
2019 Toyota

Corolla LE CVT 2WD w/ Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 306 CAD/month + tax
  • Residual Value: 11,000 CAD
  • Months to End: 29 months (Dec, 2021)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 24,138 km/year (2,011 per month)
  • Excess Km Cost: 0.07 CAD/km

Payment Analysis

306.00CAD/monthin Toronto, ON
    Before Taxes:
  • 306.00 CAD/month
  • 141.23 CAD/bi-weekly
  • 70.62 CAD/week
  • 3,672.00 CAD/year
Incl. Ontario Taxes (13%):
  • 345.78 CAD/month
  • 159.59 CAD/bi-weekly
  • 79.80 CAD/week
  • 4,149.36 CAD/year

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Lease Takeover Analysis

The Lease Takeover Analysis "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.

For Leasing Purposes

With this deal, you are saving: 377 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla LE CVT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 319
This Contract (CAD/month) 306
Monthly Difference 13 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 377 CAD
Total Savings (CAD) = 377

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,874 CAD
  • Total Vehicle Debt: 22,628 CAD
  • Paid so Far: 2,754 CAD (12% Paid)
  • Remaining Lease Payments: 8,874 CAD
  • Residual Value: 11,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,754 CAD Total Vehicle Value: 22,628 CAD
12% Paid
88%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,874 CAD
Term Paid so Far: 2,754 CAD Residual Value: 11,000 CAD
0%
12%
39%
49%
Cost to Own
Already Paid: 2,754 CAD
Cash Incentive: 0 CAD Buyout Price Today: 19,874 CAD
12% Paid
0%
88%

Finance the remaining Debt Today

Remaining Term + Residual Value: 19,874 CAD

  • 2.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,073 CAD
  • Total Interest: 1,199 CAD
  • 4.9%Interest Rate x 48 months
  • 457 CAD/month + tax
  • Total Payable: 21,926 CAD
  • Total Interest: 2,052 CAD
  • 5.9%Interest Rate x 48 months
  • 466 CAD/month + tax
  • Total Payable: 22,360 CAD
  • Total Interest: 2,486 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 29 months)

  • 2.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,664 CAD
  • Total Interest: 664 CAD
  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,136 CAD
  • Total Interest: 1,136 CAD
  • 5.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,376 CAD
  • Total Interest: 1,376 CAD

Seller Contact Info

  • Name: Reza
  • Location: Toronto, ON
  • Phone: 437-980-XXXX (REVEAL NUMBER)
  • Email Address: RKABIRI [at] GMAIL.COM
  • Date Contract Started:
  • Date Contract Ends:
Like brand new, fully rust protected by Toyota

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  • Winter Tires Included
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  • Current Payment: 428 CAD/month + tax
  • Residual Value: 12,706 CAD
  • Months to End: 45 months (Mar, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 24,000 km total
  • Available Now: 19,822 km/year (1,652 per month)
  • Excess Km Cost: 0.10 CAD/km
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  • Current Payment: 486 CAD/month + tax
  • Cash Incentive: 1,500 CAD
  • Payment After Incentive: 418 CAD/month + tax
  • Residual Value: 18,980 CAD
  • Months to End: 22 months (Apr, 2021)
Vehicle Status
  • Contract Allowance: 30,000 km/year
  • Current Odometer: 13,566 km total
  • Available Now: 40,328 km/year (3,361 per month)
Deal Special Perks
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  • Winter Tires Included
Payment Details
  • Current Payment: 636 CAD/month + tax
  • Cash Incentive: 1,272 CAD
  • Payment After Incentive: 530 CAD/month + tax
  • Residual Value: 21,070 CAD
  • Months to End: 12 months (Jul, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 21,000 km total
  • Available Now: 57,333 km/year (4,778 per month)
Deal Special Perks
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  • Current Payment: 743 CAD/month + tax
  • Cash Incentive: 3,500 CAD
  • Payment After Incentive: 651 CAD/month + tax
  • Residual Value: 22,730 CAD
  • Months to End: 38 months (Aug, 2022)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 29,100 km total
  • Available Now: 21,863 km/year (1,822 per month)
  • Excess Km Cost: 0.20 CAD/km
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  • Warranty Complete Term
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Payment Details
  • Current Payment: 664 CAD/month + tax
  • Original Downpayment: 10,850 CAD
  • Residual Value: 5,000 CAD
  • Months to End: 1 months (Aug, 2019)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 24,000 km total
  • Available Now: 96,000 km/year (8,000 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
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  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 976 CAD/month + tax
  • Original Downpayment: 2,206 CAD
  • Residual Value: 34,905 CAD
  • Months to End: 28 months (Nov, 2021)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 29,175 km total
  • Available Now: 17,496 km/year (1,458 per month)
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