This Vehicle is Sold


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Transfer Details

Toyota Lease Takeover in Milton: 2019 Toyota corolla LE Automatic 2WD
SAVE ~6,900 CAD
CAD/month x 32 months
2019 Toyota Corolla LE CVT (ID: #27548)
300
Milton, ON
2019 Toyota

Corolla LE CVT Automatic 2WD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 300 CAD/month + tax
  • Original Downpayment: 1,700 CAD
  • Residual Value: 8,000 CAD
  • Months to End: 32 months (Mar, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 32,000 km total
  • Available Now: 25,500 km/year (2,125 per month)
Deal Special Perks
  • Large Down Payment
  • All Main Coverages
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

300.00CAD/monthin Milton, ON
    Before Taxes:
  • 300.00 CAD/month
  • 138.46 CAD/bi-weekly
  • 69.23 CAD/week
  • 3,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 339.00 CAD/month
  • 156.46 CAD/bi-weekly
  • 78.23 CAD/week
  • 4,068.00 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: 6,272 ~ 7,572 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla LE CVT
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 446
This Contract (CAD/month) 300
Monthly Difference 146 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 4,672 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,272 ~ 7,572

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,600 CAD
  • Total Vehicle Debt: 27,700 CAD
  • Paid so Far: 10,100 CAD (36% Paid)
  • Remaining Lease Payments: 9,600 CAD
  • Residual Value: 8,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,100 CAD Total Vehicle Value: 27,700 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 1,700 CAD Remaining Term: 9,600 CAD
Term Paid so Far: 8,400 CAD Residual Value: 8,000 CAD
6%
30%
34%
30%
Cost to Own
Already Paid: 10,100 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 17,600 CAD
36% Paid
0%
64%
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: 17,600 CAD

  • 4.9%Interest Rate x 48 months
  • 405 CAD/month + tax
  • Total Payable: 19,417 CAD
  • Total Interest: 1,817 CAD
  • 8.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,983 CAD
  • Total Interest: 3,383 CAD
  • 14.9%Interest Rate x 48 months
  • 489 CAD/month + tax
  • Total Payable: 23,469 CAD
  • Total Interest: 5,869 CAD

At the end of the Lease Contract

Residual Value: 8,000 CAD (in 32 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)
14.12
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 18.00CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
9.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
490.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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