This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,200 cash
Toyota Lease Takeover in Toronto, ON: 2018 Toyota Corolla LE CVT 2WD
SAVE ~3,000 CAD
CAD/month x 36 months
2018 Toyota Corolla LE (ID: #4749)
303
Toronto, ON
2018 Toyota

Corolla LE CVT 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 303 CAD/month + tax
  • Cash Incentive: 1,200 CAD
  • Payment After Incentive: 270 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 11,859 CAD
  • Months to End: 36 months (May, 2021)
Vehicle Status
  • Contract Allowance: 21,666 km/year
  • Current Odometer: 19,500 km total
  • Available Now: 16,972 km/year (1,414 per month)
  • Excess Km Cost: 0.07 CAD/km
Deal Special Perks
  • Large Cash Incentive
  • Large Down Payment
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

302.96CAD/monthin Toronto, ON
    Before Taxes:
  • 302.96 CAD/month
  • 139.83 CAD/bi-weekly
  • 69.91 CAD/week
  • 3,635.52 CAD/year
Incl. Ontario Taxes (13%):
  • 342.34 CAD/month
  • 158.01 CAD/bi-weekly
  • 79.00 CAD/week
  • 4,108.14 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: 3,036 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla LE
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 354
This Contract (CAD/month) 303
Monthly Difference 51 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 1,836 CAD
+ Cash Incentive** (CAD) + 1,200
Total Savings (CAD) = 3,036
** "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: 21,565 CAD
  • Total Vehicle Debt: 24,674 CAD
  • Paid so Far: 1,909 CAD (7% Paid)
  • Remaining Lease Payments: 10,907 CAD
  • Residual Value: 11,859 CAD
  • Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 1,909 CAD Total Vehicle Value: 24,674 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 10,907 CAD
Term Paid so Far: 909 CAD Residual Value: 11,859 CAD
3%
4%
44%
49%
Cost to Own
Already Paid: 1,909 CAD (7%)
Cash Incentive: 1,200 CAD Buyout Price Today: 21,565 CAD
7% Paid
4%
89%
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: 21,565 CAD

  • 4.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,791 CAD
  • Total Interest: 2,226 CAD
  • 8.9%Interest Rate x 48 months
  • 536 CAD/month + tax
  • Total Payable: 25,710 CAD
  • Total Interest: 4,145 CAD
  • 14.9%Interest Rate x 48 months
  • 599 CAD/month + tax
  • Total Payable: 28,756 CAD
  • Total Interest: 7,191 CAD

At the end of the Lease Contract

Residual Value: 11,859 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,083 CAD
  • Total Interest: 1,224 CAD
  • 8.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,138 CAD
  • Total Interest: 2,279 CAD
  • 14.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,813 CAD
  • Total Interest: 3,954 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)
19.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,200CAD incentive)
Time Analysis
Cost per day: (CAD)
8.86
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,200CAD incentive)
Remaining Km
Can be driven up to:
326.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD

Seller Contact Info

This Contract was Already Transferred.

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