Vehicle Photos

Transfer Details

Toyota Lease Takeover in Victoria, BC: 2020 Toyota LE CVT Automatic 2WD ID:#26308
SAVE ~5,100 CAD
CAD/month x 51 months
2020 Toyota Corolla LE CVT (ID: #26308)
424
Victoria, BCCarFax Canada Accident Report
2020 Toyota

Corolla LE CVT Automatic 2WD LE Upgrade FINANCE TAKEOVER w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

View CarFax Canada Report

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 424 CAD/month + tax
  • Original Downpayment: 1,182 CAD
  • Residual Value: 1 CAD
  • Months to End: 51 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,000 km total
  • Available Now: 24,549 km/year (2,046 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • 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.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

424.00CAD/monthin Victoria, BC
    Before Taxes:
  • 424.00 CAD/month
  • 195.69 CAD/bi-weekly
  • 97.85 CAD/week
  • 5,088.00 CAD/year
Incl. B.C. Taxes (12%):
  • 474.88 CAD/month
  • 219.18 CAD/bi-weekly
  • 109.59 CAD/week
  • 5,698.56 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: 4,625 ~ 5,525 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla LE CVT with LE Upgrade w/ Platinium coverage 60/100,000km (Finance takeover)
  • for 60 months
  • in BC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 499
This Contract (CAD/month) 424
Monthly Difference 75 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 3,825 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,625 ~ 5,525

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,625 CAD
  • Total Vehicle Debt: 31,287 CAD
  • Paid so Far: 9,662 CAD (30% Paid)
  • Remaining Lease Payments: 21,624 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,662 CAD Total Vehicle Value: 31,287 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 1,182 CAD Remaining Term: 21,624 CAD
Term Paid so Far: 8,480 CAD Residual Value: 1 CAD
3%
27%
69%
1%
Cost to Own
Already Paid: 9,662 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 21,625 CAD
30% Paid
0%
70%
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: 21,625 CAD

  • 4.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,857 CAD
  • Total Interest: 2,232 CAD
  • 8.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,781 CAD
  • Total Interest: 4,156 CAD
  • 14.9%Interest Rate x 48 months
  • 601 CAD/month + tax
  • Total Payable: 28,836 CAD
  • Total Interest: 7,211 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
20.73
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 25.44CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
13.94
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
472.10
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Feb, 2020)

Seller Contact Info

  • Name: Melody M Findlay
  • Location: Victoria, BC
  • Date Contract Started:
  • Date Contract Ends:

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

Click here to Make an OFFER

Amazing car (in my opinion), I just moved really close to work and mostly work from home as is, so I'm finding I rarely use my car.
This also has a Toyota Genuine Dash Camera installed.

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