This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Takeover Temporary Image
SAVE ~1,300 CAD
CAD/month x 3 months
2020 Toyota Corolla SE (ID: #18072)
346
Nova Scotia, NS
2020 Toyota

Corolla SE CVT 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 346 CAD/month + tax
  • Original Downpayment: 1,620 CAD
  • Residual Value: 10,946 CAD
  • Months to End: 3 months (Aug, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 336,000 km/year (28,000 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.07 CAD/km

Payment Analysis

345.62CAD/monthin Nova Scotia, NS
    Before Taxes:
  • 345.62 CAD/month
  • 159.52 CAD/bi-weekly
  • 79.76 CAD/week
  • 4,147.44 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 397.46 CAD/month
  • 183.44 CAD/bi-weekly
  • 91.72 CAD/week
  • 4,769.56 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: 896 ~ 1,796 CAD

compared to leasing a BRAND NEW:

  • Corolla SE CVT
  • for 39 months
  • in NS
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 377
This Contract (CAD/month) 346
Monthly Difference 32 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 96 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 896 ~ 1,796

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,983 CAD
  • Total Vehicle Debt: 33,304 CAD
  • Paid so Far: 21,320 CAD (64% Paid)
  • Remaining Lease Payments: 1,037 CAD
  • Residual Value: 10,946 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,320 CAD Total Vehicle Value: 33,304 CAD
64% Paid
36%
Vehicle Debt Breakdown
Downpayment: 1,620 CAD Remaining Term: 1,037 CAD
Term Paid so Far: 19,700 CAD Residual Value: 10,946 CAD
4%
60%
3%
33%
Cost to Own
Already Paid: 21,320 CAD (64%)
Cash Incentive: 0 CAD Buyout Price Today: 11,983 CAD
64% Paid
0%
36%
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: 11,983 CAD

  • 4.9%Interest Rate x 48 months
  • 275 CAD/month + tax
  • Total Payable: 13,220 CAD
  • Total Interest: 1,237 CAD
  • 8.9%Interest Rate x 48 months
  • 298 CAD/month + tax
  • Total Payable: 14,286 CAD
  • Total Interest: 2,303 CAD
  • 14.9%Interest Rate x 48 months
  • 333 CAD/month + tax
  • Total Payable: 15,979 CAD
  • Total Interest: 3,996 CAD

At the end of the Lease Contract

Residual Value: 10,946 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,076 CAD
  • Total Interest: 1,130 CAD
  • 8.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,050 CAD
  • Total Interest: 2,104 CAD
  • 14.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,596 CAD
  • Total Interest: 3,650 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)
1.23
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 20.74CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
11.36
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
6,461.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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