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Transfer Details

Lease Transfer Toyota Lease Takeover in Windsor, ON: 2020 Toyota Corolla SE Automatic 2WD
SAVE ~3,800 CAD
CAD/month x 31 months
2020 Toyota Corolla SE (ID: #24811)
320
Windsor, ON
2020 Toyota

Corolla SE Automatic 2WD

Payment Details
  • Current Payment: 320 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Residual Value: 12,400 CAD
  • Months to End: 31 months (Jan, 2024)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 1,800 km total
  • Available Now: 28,723 km/year (2,394 per month)
Deal Special Perks
  • Lots of FREE Available Km
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

320.00CAD/monthin Windsor, ON
    Before Taxes:
  • 320.00 CAD/month
  • 147.69 CAD/bi-weekly
  • 73.85 CAD/week
  • 3,840.00 CAD/year
Incl. Ontario Taxes (13%):
  • 361.60 CAD/month
  • 166.89 CAD/bi-weekly
  • 83.45 CAD/week
  • 4,339.20 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: 3,782 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla SE Automatic 2WD
  • for 35 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 442
This Contract (CAD/month) 320
Monthly Difference 122 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 3,782 CAD
Total Savings (CAD) = 3,782

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,320 CAD
  • Total Vehicle Debt: 25,060 CAD
  • Paid so Far: 2,740 CAD (10% Paid)
  • Remaining Lease Payments: 9,920 CAD
  • Residual Value: 12,400 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,740 CAD Total Vehicle Value: 25,060 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 9,920 CAD
Term Paid so Far: 2,240 CAD Residual Value: 12,400 CAD
1%
9%
40%
50%
Cost to Own
Already Paid: 2,740 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 22,320 CAD
10% Paid
0%
90%
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: 22,320 CAD

  • 4.9%Interest Rate x 48 months
  • 513 CAD/month + tax
  • Total Payable: 24,624 CAD
  • Total Interest: 2,304 CAD
  • 8.9%Interest Rate x 48 months
  • 554 CAD/month + tax
  • Total Payable: 26,610 CAD
  • Total Interest: 4,290 CAD
  • 14.9%Interest Rate x 48 months
  • 620 CAD/month + tax
  • Total Payable: 29,762 CAD
  • Total Interest: 7,442 CAD

At the end of the Lease Contract

Residual Value: 12,400 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 285 CAD/month + tax
  • Total Payable: 13,680 CAD
  • Total Interest: 1,280 CAD
  • 8.9%Interest Rate x 48 months
  • 308 CAD/month + tax
  • Total Payable: 14,783 CAD
  • Total Interest: 2,383 CAD
  • 14.9%Interest Rate x 48 months
  • 344 CAD/month + tax
  • Total Payable: 16,535 CAD
  • Total Interest: 4,135 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)
13.37
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 16.00CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
10.52
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
552.36
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Nov, 2020)

Seller Contact Info

  • Location: Windsor, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to MAKE AN OFFER

For more details about this contract, please contact the seller.

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