This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,200 cash
Toyota Lease Takeover in Oakville,ON: 2020 Toyota Corolla XSE CVT 2WD ID:#28723
SAVE ~4,500 CAD
CAD/month x 14 months
2020 Toyota Corolla XSE (ID: #28723)
383
Oakville, ONCarFax Canada Accident Report
2020 Toyota

Corolla XSE CVT 2WD Appearance protection plan w/ Wear & Tear Coverage Winter Tires Included

View CarFax Canada Report

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 383 CAD/month + tax
  • Cash Incentive: 1,200 CAD
  • Payment After Incentive: 297 CAD/month + tax
  • Original Downpayment: 800 CAD
  • Residual Value: 14,085 CAD
  • Months to End: 14 months (Apr, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 11,000 km total
  • Available Now: 57,714 km/year (4,810 per month)
  • Excess Km Cost: 0.07 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • 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

383.00CAD/monthin Oakville, ON
    Before Taxes:
  • 383.00 CAD/month
  • 176.77 CAD/bi-weekly
  • 88.38 CAD/week
  • 4,596.00 CAD/year
Incl. Ontario Taxes (13%):
  • 432.79 CAD/month
  • 199.75 CAD/bi-weekly
  • 99.87 CAD/week
  • 5,193.48 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: 3,822 ~ 5,122 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla XSE CVT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 456
This Contract (CAD/month) 383
Monthly Difference 73 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 1,022 CAD
+ Cash Incentive** (CAD) + 1,200
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,822 ~ 5,122
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,247 CAD
  • Total Vehicle Debt: 32,886 CAD
  • Paid so Far: 13,439 CAD (40% Paid)
  • Remaining Lease Payments: 5,362 CAD
  • Residual Value: 14,085 CAD
  • Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 13,439 CAD Total Vehicle Value: 32,886 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 5,362 CAD
Term Paid so Far: 12,639 CAD Residual Value: 14,085 CAD
2%
38%
16%
44%
Cost to Own
Already Paid: 13,439 CAD (40%)
Cash Incentive: 1,200 CAD Buyout Price Today: 18,247 CAD
40% Paid
3%
57%
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: 18,247 CAD

  • 4.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,131 CAD
  • Total Interest: 1,884 CAD
  • 8.9%Interest Rate x 48 months
  • 453 CAD/month + tax
  • Total Payable: 21,754 CAD
  • Total Interest: 3,507 CAD
  • 14.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,331 CAD
  • Total Interest: 6,084 CAD

At the end of the Lease Contract

Residual Value: 14,085 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,539 CAD
  • Total Interest: 1,454 CAD
  • 8.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,792 CAD
  • Total Interest: 2,707 CAD
  • 14.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,782 CAD
  • Total Interest: 4,697 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)
6.18
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,200CAD incentive)
  • 7.96CAD/100km (TODAY without the Cash Incentive)
  • 22.98CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
9.77
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,200CAD incentive)
  • 12.59CAD/day (Original Contract back in Apr, 2020)
Remaining Km
Can be driven up to:
1,109.89
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 384.62km/week (Contract Original back in Apr, 2020)

Seller Contact Info

This Contract was Already Transferred.

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