This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Takeover Temporary Image
SAVE ~2,700 CAD
CAD/month x 9 months
2018 Toyota Corolla (ID: #18055)
285
Calgary, AB
2018 Toyota

Corolla Automatic AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 285 CAD/month + tax
  • Residual Value: 8,000 CAD
  • Months to End: 9 months (Jul, 2023)
Vehicle Status
  • Contract Allowance: 15,000 km/year
  • Current Odometer: 24,000 km total
  • Available Now: 71,333 km/year (5,944 per month)
  • Please note that this contract ends in less than a year.

Payment Analysis

285.00CAD/monthin Calgary, AB
    Before Taxes:
  • 285.00 CAD/month
  • 131.54 CAD/bi-weekly
  • 65.77 CAD/week
  • 3,420.00 CAD/year
Incl. Alberta Taxes (5%):
  • 299.25 CAD/month
  • 138.12 CAD/bi-weekly
  • 69.06 CAD/week
  • 3,591.00 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: 2,041 ~ 3,341 CAD

compared to leasing a BRAND NEW:

  • Corolla L CVT AWD
  • for 36 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 334
This Contract (CAD/month) 285
Monthly Difference 49 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 441 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,041 ~ 3,341

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,565 CAD
  • Total Vehicle Debt: 25,670 CAD
  • Paid so Far: 15,105 CAD (58% Paid)
  • Remaining Lease Payments: 2,565 CAD
  • Residual Value: 8,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,105 CAD Total Vehicle Value: 25,670 CAD
58% Paid
42%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,565 CAD
Term Paid so Far: 15,105 CAD Residual Value: 8,000 CAD
0%
58%
10%
32%
Cost to Own
Already Paid: 15,105 CAD (58%)
Cash Incentive: 0 CAD Buyout Price Today: 10,565 CAD
58% Paid
0%
42%
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: 10,565 CAD

  • 4.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,656 CAD
  • Total Interest: 1,091 CAD
  • 8.9%Interest Rate x 48 months
  • 262 CAD/month + tax
  • Total Payable: 12,596 CAD
  • Total Interest: 2,031 CAD
  • 14.9%Interest Rate x 48 months
  • 293 CAD/month + tax
  • Total Payable: 14,088 CAD
  • Total Interest: 3,523 CAD

At the end of the Lease Contract

Residual Value: 8,000 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 184 CAD/month + tax
  • Total Payable: 8,826 CAD
  • Total Interest: 826 CAD
  • 8.9%Interest Rate x 48 months
  • 199 CAD/month + tax
  • Total Payable: 9,538 CAD
  • Total Interest: 1,538 CAD
  • 14.9%Interest Rate x 48 months
  • 222 CAD/month + tax
  • Total Payable: 10,668 CAD
  • Total Interest: 2,668 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)
4.79
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 22.80CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
9.37
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,371.79
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 288.46km/week (Contract Original back in May, 2018)

Seller Contact Info

This Contract was Already Transferred.

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