This Vehicle is Sold
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Vehicle Photos
Transfer Details
+ 1,200 cash
SAVE ~5,100 CAD
CAD/month x 22 months
Transferred/Sold
2020 Toyota Corolla XSE (ID: #28723)
383
Oakville, ON
2020 Toyota
Corolla XSE CVT 2WD Appearance protection plan w/ Wear & Tear Coverage Winter Tires Included
Payment Details
- Current Payment: 383 CAD/month + tax
- Cash Incentive: 1,200 CAD
- Payment After Incentive: 328 CAD/month + tax
- Original Downpayment: 800 CAD
- Residual Value: 14,085 CAD
- Months to End: 22 months (Apr, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 11,000 km total
- Available Now: 36,727 km/year (3,061 per month)
- Excess Km Cost: 0.07 CAD/km
Deal Special Perks
Payment Analysis
383.00CAD/monthin Oakville, ON
- 383.00 CAD/month
- 176.77 CAD/bi-weekly
- 88.38 CAD/week
- 4,596.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 432.79 CAD/month
- 199.75 CAD/bi-weekly
- 99.87 CAD/week
- 5,193.48 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:
4,406 ~ 5,706 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla XSE CVT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 456 |
|---|---|
| This Contract (CAD/month) | 383 |
| Monthly Difference | 73 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 1,606 CAD |
| + Cash Incentive** (CAD) | + 1,200 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 4,406 ~ 5,706 |
| ** "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:
21,311 CAD
- Total Vehicle Debt: 32,886 CAD
- Paid so Far: 10,375 CAD (31% Paid)
- Remaining Lease Payments: 8,426 CAD
- Residual Value: 14,085 CAD
- Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 10,375 CAD Total Vehicle Value: 32,886 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 8,426 CAD
Term Paid so Far: 9,575 CAD Residual Value: 14,085 CAD
Cost to Own
Already Paid: 10,375 CAD (31%)
Cash Incentive: 1,200 CAD Buyout Price Today: 21,311 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: 21,311 CAD
- 4.9%Interest Rate x 48 months
- 490 CAD/month + tax
- Total Payable: 23,511 CAD
- Total Interest: 2,200 CAD
- 8.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,407 CAD
- Total Interest: 4,096 CAD
- 14.9%Interest Rate x 48 months
- 592 CAD/month + tax
- Total Payable: 28,417 CAD
- Total Interest: 7,106 CAD
At the end of the Lease Contract
Residual Value: 14,085 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 324 CAD/month + tax
- Total Payable: 15,539 CAD
- Total Interest: 1,454 CAD
- 8.9%Interest Rate x 48 months
- 350 CAD/month + tax
- Total Payable: 16,792 CAD
- Total Interest: 2,707 CAD
- 14.9%Interest Rate x 48 months
- 391 CAD/month + tax
- Total Payable: 18,782 CAD
- Total Interest: 4,697 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)
10.73
- + tax
- + fuel
- + insurance
- 12.51CAD/100km (TODAY without the Cash Incentive)
- 22.98CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
10.80
- + tax
- + insurance
- + km driven & fuel
- 12.59CAD/day (Original Contract back in Apr, 2020)
Remaining Km
Can be driven up to:
706.29
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2020)
Seller Contact Info
This Contract was Already Transferred.
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