This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 400 cash
SAVE ~1,800 CAD
CAD/month x 26 months
Transferred/Sold
2021 Toyota Corolla L (ID: #34316)
362
St.Catharines, ON
2021 Toyota
Corolla L Automatic 2WD w/ Wear & Tear Coverage
Payment Details
- Current Payment: 362 CAD/month + tax
- Cash Incentive: 400 CAD
- Payment After Incentive: 347 CAD/month + tax
- Residual Value: 24,000 CAD
- Months to End: 26 months (Mar, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 8,200 km total
- Available Now: 23,908 km/year (1,992 per month)
- Excess Km Cost: 0.10 CAD/km
Deal Special Perks
Payment Analysis
362.00CAD/monthin St.Catharines, ON
- 362.00 CAD/month
- 167.08 CAD/bi-weekly
- 83.54 CAD/week
- 4,344.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 409.06 CAD/month
- 188.80 CAD/bi-weekly
- 94.40 CAD/week
- 4,908.72 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:
1,330 ~ 2,230 CAD
compared to leasing a BRAND NEW:
- TOYOTA COROLLA L 6M 2WD
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 367 |
|---|---|
| This Contract (CAD/month) | 362 |
| Monthly Difference | 5 CAD/month |
| Remaining Term | x 26 months |
| Total Monthly Difference | = 130 CAD |
| + Cash Incentive** (CAD) | + 400 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,330 ~ 2,230 |
| ** "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:
33,012 CAD
- Total Vehicle Debt: 37,032 CAD
- Paid so Far: 3,620 CAD (9% Paid)
- Remaining Lease Payments: 9,412 CAD
- Residual Value: 24,000 CAD
- Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 3,620 CAD Total Vehicle Value: 37,032 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,412 CAD
Term Paid so Far: 3,620 CAD Residual Value: 24,000 CAD
Cost to Own
Already Paid: 3,620 CAD (9%)
Cash Incentive: 400 CAD Buyout Price Today: 33,012 CAD
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: 33,012 CAD
- 4.9%Interest Rate x 48 months
- 759 CAD/month + tax
- Total Payable: 36,420 CAD
- Total Interest: 3,408 CAD
- 8.9%Interest Rate x 48 months
- 820 CAD/month + tax
- Total Payable: 39,357 CAD
- Total Interest: 6,345 CAD
- 14.9%Interest Rate x 48 months
- 917 CAD/month + tax
- Total Payable: 44,020 CAD
- Total Interest: 11,008 CAD
At the end of the Lease Contract
Residual Value: 24,000 CAD (in 26 months)
- 4.9%Interest Rate x 48 months
- 552 CAD/month + tax
- Total Payable: 26,478 CAD
- Total Interest: 2,478 CAD
- 8.9%Interest Rate x 48 months
- 596 CAD/month + tax
- Total Payable: 28,613 CAD
- Total Interest: 4,613 CAD
- 14.9%Interest Rate x 48 months
- 667 CAD/month + tax
- Total Payable: 32,003 CAD
- Total Interest: 8,003 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)
17.40
- + tax
- + fuel
- + insurance
- 18.17CAD/100km (TODAY without the Cash Incentive)
- 21.72CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
11.40
- + tax
- + insurance
- + km driven & fuel
- 11.90CAD/day (Original Contract back in Mar, 2021)
Remaining Km
Can be driven up to:
459.76
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2021)
Seller Contact Info
This Contract was Already Transferred.
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