Vehicle Photos

Transfer Details

+ 5,500 cash
Toyota Lease Takeover in Toronto: 2020 Toyota SE Automatic 2WD
SAVE ~2,800 CAD
CAD/month x 47 months
2020 Toyota Corolla SE (ID: #31493)
364
Toronto, ON
2020 Toyota

Corolla SE Automatic 2WD w/ Winter Tires Included

  • Winter Tires Included
Payment Details
  • Current Payment: 364 CAD/month + tax
  • Cash Incentive: 5,500 CAD
  • Payment After Incentive: 247 CAD/month + tax
  • Residual Value: 9,782 CAD
  • Months to End: 47 months (Jul, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 24,520 km total
  • Available Now: 19,271 km/year (1,606 per month)
  • Excess Km Cost: 0.07 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

363.61CAD/monthin Toronto, ON
    Before Taxes:
  • 363.61 CAD/month
  • 167.82 CAD/bi-weekly
  • 83.91 CAD/week
  • 4,363.32 CAD/year
Incl. Ontario Taxes (13%):
  • 410.88 CAD/month
  • 189.64 CAD/bi-weekly
  • 94.82 CAD/week
  • 4,930.55 CAD/year

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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: 2,634 ~ 3,034 CAD

compared to leasing a BRAND NEW:

  • Toyota COROLLA LE CVT
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 285
This Contract (CAD/month) 364
Monthly Difference -78 CAD/month
Remaining Term x 47 months
Total Monthly Difference = -3,666 CAD
+ Cash Incentive** (CAD) + 5,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,634 ~ 3,034
** "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: 21,371 CAD
  • Total Vehicle Debt: 31,598 CAD
  • Paid so Far: 4,727 CAD (14% Paid)
  • Remaining Lease Payments: 17,090 CAD
  • Residual Value: 9,782 CAD
  • Cash Incentive: 5,500 CAD
Vehicle Debt & Value
Paid so far: 4,727 CAD Total Vehicle Value: 31,598 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,090 CAD
Term Paid so Far: 4,727 CAD Residual Value: 9,782 CAD
0%
14%
54%
32%
Cost to Own
Already Paid: 4,727 CAD (14%)
Cash Incentive: 5,500 CAD Buyout Price Today: 21,371 CAD
14% Paid
17%
69%
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: 21,371 CAD

  • 4.9%Interest Rate x 48 months
  • 491 CAD/month + tax
  • Total Payable: 23,578 CAD
  • Total Interest: 2,206 CAD
  • 8.9%Interest Rate x 48 months
  • 531 CAD/month + tax
  • Total Payable: 25,479 CAD
  • Total Interest: 4,108 CAD
  • 14.9%Interest Rate x 48 months
  • 594 CAD/month + tax
  • Total Payable: 28,498 CAD
  • Total Interest: 7,126 CAD

At the end of the Lease Contract

Residual Value: 9,782 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 225 CAD/month + tax
  • Total Payable: 10,792 CAD
  • Total Interest: 1,010 CAD
  • 8.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,662 CAD
  • Total Interest: 1,880 CAD
  • 14.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,043 CAD
  • Total Interest: 3,262 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)
15.35
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,500CAD incentive)
Time Analysis
Cost per day: (CAD)
8.11
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,500CAD incentive)
Remaining Km
Can be driven up to:
370.61
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD

Seller Contact Info

  • Name: Daniel
  • Location: Toronto, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

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FABRIC HEATED SEATS
HEATED MIRRORS
APPLE CARPLAY
8" COLOUR TOUCHSCREEN INFOTAINMENT SYSTEM
PUSH START IGNITION
FRONT CLIMATE CONTROL
ADAPTIVE CRUISE CONTROL
FORWARD COLLISION MITIGATION
BLIND SPOT WARNING LANE KEEP ASSIST
REARVIEW CAMERA
WINTER TIRES ON RIMS INCLUDED!!!

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