This Vehicle is Sold
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Vehicle Photos
No Photo Available
Transfer Details
+ 1,000 cash
SAVE ~7,800 CAD
CAD/month x 25 months
Transferred/Sold
2020 Toyota Corolla Hybrid (ID: #18615)
350
Oshawa, ON
2020 Toyota
Corolla Hybrid Automatic 2WD w/ wear pass
Payment Details
- Current Payment: 350 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 310 CAD/month + tax
- Residual Value: 13,586 CAD
- Months to End: 25 months (Oct, 2022)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 21,000 km total
- Available Now: 25,440 km/year (2,120 per month)
- Excess Km Cost: 0.10 CAD/km
Deal Special Perks
Payment Analysis
350.00CAD/monthin Oshawa, ON
- 350.00 CAD/month
- 161.54 CAD/bi-weekly
- 80.77 CAD/week
- 4,200.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 395.50 CAD/month
- 182.54 CAD/bi-weekly
- 91.27 CAD/week
- 4,746.00 CAD/year
Estimate Insurance Costs
Avoid surprises and lock your insurance offer now! Quote how much you will have to pay and get the best insurance company to bid for your contract.
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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:
7,375 ~ 8,275 CAD
compared to leasing a BRAND NEW:
- Corolla Hybrid Automatic 2WD w/ wear pass
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 573 |
|---|---|
| This Contract (CAD/month) | 350 |
| Monthly Difference | 223 CAD/month |
| Remaining Term | x 25 months |
| Total Monthly Difference | = 5,575 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 7,375 ~ 8,275 |
| ** "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:
21,336 CAD
- Total Vehicle Debt: 26,536 CAD
- Paid so Far: 4,200 CAD (15% Paid)
- Remaining Lease Payments: 8,750 CAD
- Residual Value: 13,586 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 4,200 CAD Total Vehicle Value: 26,536 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,750 CAD
Term Paid so Far: 4,200 CAD Residual Value: 13,586 CAD
Cost to Own
Already Paid: 4,200 CAD (15%)
Cash Incentive: 1,000 CAD Buyout Price Today: 21,336 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: 21,336 CAD
- 4.9%Interest Rate x 48 months
- 490 CAD/month + tax
- Total Payable: 23,539 CAD
- Total Interest: 2,203 CAD
- 8.9%Interest Rate x 48 months
- 530 CAD/month + tax
- Total Payable: 25,437 CAD
- Total Interest: 4,101 CAD
- 14.9%Interest Rate x 48 months
- 593 CAD/month + tax
- Total Payable: 28,450 CAD
- Total Interest: 7,114 CAD
At the end of the Lease Contract
Residual Value: 13,586 CAD (in 25 months)
- 4.9%Interest Rate x 48 months
- 312 CAD/month + tax
- Total Payable: 14,989 CAD
- Total Interest: 1,403 CAD
- 8.9%Interest Rate x 48 months
- 337 CAD/month + tax
- Total Payable: 16,197 CAD
- Total Interest: 2,611 CAD
- 14.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,116 CAD
- Total Interest: 4,530 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)
14.62
- + tax
- + fuel
- + insurance
- 16.51CAD/100km (TODAY without the Cash Incentive)
- 17.50CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
10.19
- + tax
- + insurance
- + km driven & fuel
- 11.51CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
489.23
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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