This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Transfer Toyota Lease Takeover in Maidstone, SK: 2016 Toyota Corolla CVT SE Automatic 2WD
SAVE ~10,200 CAD
CAD/month x 32 months
2016 Toyota Corolla CVT SE (ID: #14278)
260
Maidstone, SK
2016 Toyota

Corolla CVT SE Automatic 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 260 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 9,153 CAD
  • Months to End: 32 months (Sep, 2021)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 32,000 km total
  • Available Now: 25,500 km/year (2,125 per month)
Deal Special Perks
  • Large Down Payment
  • Lots of FREE Available Km
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

260.00CAD/monthin Maidstone, SK
    Before Taxes:
  • 260.00 CAD/month
  • 120.00 CAD/bi-weekly
  • 60.00 CAD/week
  • 3,120.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 288.60 CAD/month
  • 133.20 CAD/bi-weekly
  • 66.60 CAD/week
  • 3,463.20 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: 10,208 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla SE CVT
  • for 24 months
  • in SK
  • $0 down payment
  • 50,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 579
This Contract (CAD/month) 260
Monthly Difference 319 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 10,208 CAD
Total Savings (CAD) = 10,208

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,473 CAD
  • Total Vehicle Debt: 25,753 CAD
  • Paid so Far: 8,280 CAD (32% Paid)
  • Remaining Lease Payments: 8,320 CAD
  • Residual Value: 9,153 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,280 CAD Total Vehicle Value: 25,753 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 8,320 CAD
Term Paid so Far: 7,280 CAD Residual Value: 9,153 CAD
3%
29%
32%
36%
Cost to Own
Already Paid: 8,280 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 17,473 CAD
32% Paid
0%
68%
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: 17,473 CAD

  • 4.9%Interest Rate x 48 months
  • 402 CAD/month + tax
  • Total Payable: 19,277 CAD
  • Total Interest: 1,804 CAD
  • 8.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,831 CAD
  • Total Interest: 3,358 CAD
  • 14.9%Interest Rate x 48 months
  • 485 CAD/month + tax
  • Total Payable: 23,299 CAD
  • Total Interest: 5,826 CAD

At the end of the Lease Contract

Residual Value: 9,153 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 210 CAD/month + tax
  • Total Payable: 10,098 CAD
  • Total Interest: 945 CAD
  • 8.9%Interest Rate x 48 months
  • 227 CAD/month + tax
  • Total Payable: 10,912 CAD
  • Total Interest: 1,759 CAD
  • 14.9%Interest Rate x 48 months
  • 254 CAD/month + tax
  • Total Payable: 12,205 CAD
  • Total Interest: 3,052 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)
12.24
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 15.60CAD/100km (Original Contract back in Sep, 2016)
Time Analysis
Cost per day: (CAD)
8.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
490.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Sep, 2016)

Seller Contact Info

This Contract was Already Transferred.

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  • Original Downpayment: 5,383 CAD
  • Residual Value: 52,191 CAD
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Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 33,580 km total
  • Available Now: 24,840 km/year (2,070 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
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  • Original Downpayment: 5,383 CAD
  • Residual Value: 52,191 CAD
  • Months to End: 6 months (Nov, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 33,580 km total
  • Available Now: 24,840 km/year (2,070 per month)
  • Please note that this contract ends in less than a year.
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