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Transfer Details

Toyota Lease Takeover in Montreal, QC: 2018 Toyota Corolla LE CVT 2WD ID:#4603
CAD/month x 48 months
2018 Toyota Corolla LE (ID: #4603)
280
Montreal, QCCarFax Canada Accident Report
2018 Toyota

Corolla LE CVT 2WD w/ Warranty Complete Term & Wear & Tear Coverage

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 280 CAD/month + tax
  • Residual Value: 8,225 CAD
  • Months to End: 48 months (Jun, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 7,000 km total
  • Available Now: 23,250 km/year (1,938 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • 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.

Payment Analysis

280.29CAD/monthin Montreal, QC
    Before Taxes:
  • 280.29 CAD/month
  • 129.36 CAD/bi-weekly
  • 64.68 CAD/week
  • 3,363.48 CAD/year
Incl. Québec Taxes (14.98%):
  • 322.28 CAD/month
  • 148.74 CAD/bi-weekly
  • 74.37 CAD/week
  • 3,867.33 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.

For Leasing Purposes

With this deal, you are saving: 4,112 ~ 5,012 CAD

compared to leasing a BRAND NEW:

  • 2020 Toyota COROLLA LE CVT
  • for 48 months
  • in Quebec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 349
This Contract (CAD/month) 280
Monthly Difference 69 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 3,312 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,112 ~ 5,012

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,679 CAD
  • Total Vehicle Debt: 25,042 CAD
  • Paid so Far: 3,363 CAD (13% Paid)
  • Remaining Lease Payments: 13,454 CAD
  • Residual Value: 8,225 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,363 CAD Total Vehicle Value: 25,042 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,454 CAD
Term Paid so Far: 3,363 CAD Residual Value: 8,225 CAD
0%
13%
53%
34%
Cost to Own
Already Paid: 3,363 CAD
Cash Incentive: 0 CAD Buyout Price Today: 21,679 CAD
13% Paid
0%
87%

Finance the remaining Debt Today

Remaining Term + Residual Value: 21,679 CAD

  • 2.9%Interest Rate x 48 months
  • 479 CAD/month + tax
  • Total Payable: 22,987 CAD
  • Total Interest: 1,308 CAD
  • 4.9%Interest Rate x 48 months
  • 498 CAD/month + tax
  • Total Payable: 23,917 CAD
  • Total Interest: 2,238 CAD
  • 5.9%Interest Rate x 48 months
  • 508 CAD/month + tax
  • Total Payable: 24,391 CAD
  • Total Interest: 2,712 CAD

At the end of the Lease Contract

Residual Value: 8,225 CAD (in 48 months)

  • 2.9%Interest Rate x 48 months
  • 182 CAD/month + tax
  • Total Payable: 8,721 CAD
  • Total Interest: 496 CAD
  • 4.9%Interest Rate x 48 months
  • 189 CAD/month + tax
  • Total Payable: 9,074 CAD
  • Total Interest: 849 CAD
  • 5.9%Interest Rate x 48 months
  • 193 CAD/month + tax
  • Total Payable: 9,254 CAD
  • Total Interest: 1,029 CAD

Seller Contact Info

  • Name: Marco Antonio Grillo
  • Location: Montreal, QC
  • Phone: 514-830-XXXX (REVEAL NUMBER)
  • Email Address: grillomartin1980 [at] gmail.com
  • Date Contract Started:
  • Date Contract Ends:
Photos to come...

Hi.
I'm transferring this lease because I need a bigger car (family is growing).
The car is as good as new, only 7.000 km on the odometer from the 20.000km allowed for each year. Needless to say the Corolla is known for its reliability and efficiency. The car is very spacious, with a lot of trunk space. CVT transmission makes it a smooth ride.
Here are the main perks:

-LE with sport mode
-Accident free
-Led headlights
-Backup Camera
-Heat/ A/C
-Heated seats
-Heated windshield
-Power windows and mirrors
-Bluetooth
-Touchscreen with USB and aux plug in
-Adaptive Cruise control
-Lane departure assistant
-Toyota Safety sense with automatic braking and pedestrian detection
-Toyota Extended warranty with Toyota ECP. Gold Plan for the whole lease term (60mths/100.000km).
-Wear pass

EXTRAS:
- Heavy duty floor winter mats. Custom made for Corolla (these are the equivalent of the WeatherTech, but OEM). I'm also giving the original that came with the car, but strongly recommend to use the heavy duty ones to keep the car dry and clean.
- Remote starter with two remotes ($360 value)

Looking to share the lease transfer cost in half.

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