This Vehicle is Sold
Although this vehicle is sold, you can set up an email alert to get immediate notifications once a similar one gets listed in the marketplace:
Vehicle Photos
Transfer Details
SAVE ~9,900 CAD
CAD/month x 35 months
Transferred/Sold
2020 Toyota 2020 Toyota Corolla LE (ID: #36743)
298
Toronto, ON
2020 Toyota
2020 Toyota Corolla LE Automatic 2WD Wear Pass Package w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 298 CAD/month + tax
- Residual Value: 10,895 CAD
- Months to End: 35 months (Dec, 2023)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 17,240 km total
- Available Now: 26,318 km/year (2,193 per month)
- Excess Km Cost: 0.07 CAD/km
Deal Special Perks
Payment Analysis
298.23CAD/monthin Toronto, ON
- 298.23 CAD/month
- 137.64 CAD/bi-weekly
- 68.82 CAD/week
- 3,578.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 337.00 CAD/month
- 155.54 CAD/bi-weekly
- 77.77 CAD/week
- 4,044.00 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:
9,410 ~ 10,310 CAD
compared to leasing a BRAND NEW:
- TOYOTA COROLLA LE CVT
- for 24 months
- in Ontario
- $0 down payment
- 38,000 km/year
| Leasing New (CAD/month) | 544 |
|---|---|
| This Contract (CAD/month) | 298 |
| Monthly Difference | 246 CAD/month |
| Remaining Term | x 35 months |
| Total Monthly Difference | = 8,610 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,410 ~ 10,310 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
21,333 CAD
- Total Vehicle Debt: 24,912 CAD
- Paid so Far: 3,579 CAD (14% Paid)
- Remaining Lease Payments: 10,438 CAD
- Residual Value: 10,895 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,579 CAD Total Vehicle Value: 24,912 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,438 CAD
Term Paid so Far: 3,579 CAD Residual Value: 10,895 CAD
Cost to Own
Already Paid: 3,579 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 21,333 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: 21,333 CAD
- 4.9%Interest Rate x 48 months
- 490 CAD/month + tax
- Total Payable: 23,535 CAD
- Total Interest: 2,202 CAD
- 8.9%Interest Rate x 48 months
- 530 CAD/month + tax
- Total Payable: 25,433 CAD
- Total Interest: 4,100 CAD
- 14.9%Interest Rate x 48 months
- 593 CAD/month + tax
- Total Payable: 28,446 CAD
- Total Interest: 7,113 CAD
At the end of the Lease Contract
Residual Value: 10,895 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 250 CAD/month + tax
- Total Payable: 12,020 CAD
- Total Interest: 1,125 CAD
- 8.9%Interest Rate x 48 months
- 271 CAD/month + tax
- Total Payable: 12,989 CAD
- Total Interest: 2,094 CAD
- 14.9%Interest Rate x 48 months
- 303 CAD/month + tax
- Total Payable: 14,528 CAD
- Total Interest: 3,633 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)
13.60
- + tax
- + fuel
- + insurance
- 14.91CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
9.80
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
506.11
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
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