Vehicle Photos

Transfer Details

+ 500 cash
Toyota Lease Takeover in Montreal, QC: 2018 Toyota Corolla LE CVT 2WD ID:#4603
CAD/month x 45 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
  • Winter Tires Included
Payment Details
  • Current Payment: 280 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 269 CAD/month + tax
  • Residual Value: 8,225 CAD
  • Months to End: 45 months (Jun, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,600 km total
  • Available Now: 23,840 km/year (1,987 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.
Click here to GET A LOWER PRICE!

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/Buyout 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: 5,205 ~ 6,505 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 45 months
Total Monthly Difference = 3,105 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,205 ~ 6,505
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes 3

To own this vehicle today (buying it as a used car) would cost: 20,338 CAD
  • Total Vehicle Debt: 25,042 CAD
  • Paid so Far: 4,204 CAD (16% Paid)
  • Remaining Lease Payments: 12,613 CAD
  • Residual Value: 8,225 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 4,204 CAD Total Vehicle Value: 25,042 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,613 CAD
Term Paid so Far: 4,204 CAD Residual Value: 8,225 CAD
0%
16%
50%
34%
Cost to Own
Already Paid: 4,204 CAD
Cash Incentive: 500 CAD Buyout Price Today: 20,338 CAD
16% Paid
2%
82%

Finance the remaining Debt Today

Remaining Term + Residual Value: 20,338 CAD

  • 2.9%Interest Rate x 48 months
  • 449 CAD/month + tax
  • Total Payable: 21,565 CAD
  • Total Interest: 1,227 CAD
  • 4.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,438 CAD
  • Total Interest: 2,100 CAD
  • 5.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,882 CAD
  • Total Interest: 2,544 CAD

At the end of the Lease Contract

Residual Value: 8,225 CAD (in 45 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 10500 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:
- 4 winter tires on rims. Bought new before last winter. Zero rust on the rims and a lot of kms to go on the tires.
- 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)

Cash incentive covers the lease transfer cost.

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