Vehicle Photos
Transfer Details
SAVE ~5,400 CAD
CAD/month x 55 months
2020 Toyota Corolla LE CVT (ID: #26308)
424
Victoria, BC
2020 Toyota
Corolla LE CVT Automatic 2WD LE Upgrade FINANCE TAKEOVER w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 424 CAD/month + tax
- Original Downpayment: 1,182 CAD
- Residual Value: 1 CAD
- Months to End: 55 months (Jan, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 14,000 km total
- Available Now: 22,764 km/year (1,897 per month)
Deal Special Perks
Payment Analysis
424.00CAD/monthin Victoria, BC
- 424.00 CAD/month
- 195.69 CAD/bi-weekly
- 97.85 CAD/week
- 5,088.00 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 474.88 CAD/month
- 219.18 CAD/bi-weekly
- 109.59 CAD/week
- 5,698.56 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:
4,925 ~ 5,825 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
| Leasing New (CAD/month) | 499 |
|---|---|
| This Contract (CAD/month) | 424 |
| Monthly Difference | 75 CAD/month |
| Remaining Term | x 55 months |
| Total Monthly Difference | = 4,125 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 4,925 ~ 5,825 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
23,321 CAD
- Total Vehicle Debt: 31,287 CAD
- Paid so Far: 7,966 CAD (25% Paid)
- Remaining Lease Payments: 23,320 CAD
- Residual Value: 1 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,966 CAD Total Vehicle Value: 31,287 CAD
Vehicle Debt Breakdown
Downpayment: 1,182 CAD Remaining Term: 23,320 CAD
Term Paid so Far: 6,784 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 7,966 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 23,321 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: 23,321 CAD
- 4.9%Interest Rate x 48 months
- 536 CAD/month + tax
- Total Payable: 25,728 CAD
- Total Interest: 2,407 CAD
- 8.9%Interest Rate x 48 months
- 579 CAD/month + tax
- Total Payable: 27,803 CAD
- Total Interest: 4,482 CAD
- 14.9%Interest Rate x 48 months
- 648 CAD/month + tax
- Total Payable: 31,097 CAD
- Total Interest: 7,776 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 55 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)
22.35
- + tax
- + fuel
- + insurance
- 25.44CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
13.94
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
437.76
- km/week
- without any
- additional costs
- 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)
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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