Leasing Report

Introducing the LeaseBusters’ latest innovation: our comprehensive Lease Transfer report. Dive into a world of popular vehicles ripe for lease transitions, meticulously curated to include in-depth details on vehicle features, expert ratings, versatile model styles, flexible payment ranges, and desirable term options. Whether you’re looking to hop into a new lease or seeking a smooth exit strategy, our report is your ultimate guide to navigating the lease market with confidence and clarity.

Additionally, our Lease Transfer report will spotlight the current most sought-after lease transfer vehicles available on LeaseBusters. Delve into detailed analyses featuring new vehicle pricing, enticing incentives, factory interest rate options, and invaluable research advice through our partnership with CarCostCanada. Whether you’re a seasoned lessee or a first-time leaser, our comprehensive report is designed to empower you with the knowledge and tools needed to

make informed decisions and secure the lease transfer experience that aligns perfectly with your preferences and budget.

Furthermore, we invite readers of the LeaseBusters Leasing Report to engage with us actively. Have questions about a specific vehicle you’re currently leasing or one you’re eyeing for your next lease? Feel free to reach out and ask! Additionally, if there’s a particular vehicle that captures your interest and you’d like an in-depth report on its leasing options, features, and market insights, our dedicated blog team is ready to fulfill your request. Your feedback and inquiries are invaluable to us as we strive to provide the most relevant and helpful resources for your leasing journey.

Vehicle Lease Report: Toyota RAV4 – A Lease-Take-Over Favourite

The Toyota RAV4 has earned its status as one of the most sought-after vehicles on the lease-transfer market, consistently ranking among the fastest sellers on LeaseBusters. Even with higher lease payment rates today compared to previous years, the RAV4 remains a competitive choice within the popular compact SUV segment, where it faces a formidable list of rivals. LeaseBusters buyers can find a broad spectrum of RAV4 payment options, ranging from $485 to $685 per month, reflecting Toyota’s diverse model lineup. This wide payment range makes perfect sense considering the $14,000 price gap between the entry-level LE and the top-tier Limited trim.

Inventory Challenges

Since the onset of the global new car inventory shortage in early 2021, Toyota Canada, and the RAV4 in particular, have faced significant inventory constraints. Popular hybrid variants of the RAV4 became factory-order-only options, with buyers waiting up to a year for delivery in some cases. Although the shortage finally ended around the last quarter of 2023, it left lasting effects on vehicle pricing and availability. The limited supply and absence of incentives, coupled with rising interest rates, have kept RAV4 lease payments historically high. However, this hasn’t deterred Canadians, who remain eager to get behind the wheel of a RAV4, continuing Toyota’s strong foothold in the market. LeaseBusters buyers echo this trend, demonstrating a similar enthusiasm for the RAV4 and other Toyota models.

Toyota still all about quality

The Toyota RAV4’s appeal stems from more than just its practicality. Toyota’s enduring reputation for quality is bolstered by their use of top-grade materials, superior engineering, and cutting-edge manufacturing facilities. The dedication of Toyota’s workforce to producing reliable vehicles is evident across their lineup, helping to sustain high demand despite elevated lease prices. Although the RAV4 received a “good” rating of 7.7 from the automotive review site Edmunds.com, slightly below some of its competitors, its popularity remains robust. This is a prime example of the phenomenon where a vehicle’s sales success outpaces its critical rating, showcasing that consumer loyalty and real-world dependability can outweigh review scores.

Lease Transfer Report: Honda Civic – A LeaseBusters Favorite

The Honda Civic continues to dominate as one of the most popular “cars” on LeaseBusters.com, and it’s clear that despite the rise of SUVs and pickup trucks, this iconic sedan is here to stay. In major Canadian cities like Toronto, Vancouver, Ottawa, Calgary, Winnipeg, Edmonton, and Mississauga, customers are consistently searching for Civic lease deals and setting up alerts, waiting for new listings to appear. If you’re currently leasing a Civic and considering an upgrade, now is the perfect time to list it on LeaseBusters. There’s no shortage of eager Civic lease buyers, and with LeaseBusters’ expertise, we can ensure a smooth and easy transfer.

The Civic’s Unshakable Popularity in a Shifting Market

While the SUV/Crossover market and pickup trucks have taken center stage, the 4-door sedan has struggled. Ford of Canada, for instance, discontinued its 4-door sedan offerings back in 2020, with the Ford Fusion being the last. Yet, the Honda Civic continues to defy this trend, thriving both in the general market and within LeaseBusters’ leasing marketplace. This demand is driven by its reputation for reliability, affordability, and a well-established leasing program offered by Honda Financial Services.

Current Civic Lease Market Trends

Lease rates for the Civic, while no longer at the entry-level price point, remain competitive. Most Civics on LeaseBusters, particularly 2021 or newer models, will be priced at $400 or more per month, with top-tier models exceeding $500 before taxes. But what you’re getting is an exceptional value – all of these vehicles are part of the 11th generation of Civics, which debuted in 2021 and have earned impressive Edmunds quality ratings of 8.1+ out of 10. With the 2025 Civics just arriving at dealerships, there are only minor cosmetic differences between the new models and the 2023/2024 versions, so you’re still getting the latest in Civic engineering and design.

Leasing News

According to Environment Canada, this winter is expected to be harsher than last year. While weather forecasts may not always hit the mark, one thing is certain: Canada’s winters are cold, snowy, and often unforgiving. With freezing temperatures and icy roads on the horizon, it’s essential to ensure your vehicle is ready for the challenges ahead. Here are six crucial steps to prepare your car for the season:

Winterize Your Car
Winterizing your car goes beyond just a simple check-up. Your dealer or trusted service center should assess essential areas such as winter-grade motor oil, radiator coolant, transmission and differential oils, and even nitrogen for your tires. Don’t forget to check the thermostat and other vital components. While a newer car might get through winter without issues, an older vehicle could experience preventable problems if not properly prepared.
Full Detailing
Before winter sets in, invest in a professional cleaning and detailing session for your vehicle, inside and out. A thorough wax job will protect your car’s paint from road salt and the acidic elements found in snow. Make sure your alloy rims are waxed too, to prevent pitting caused by salt exposure. Shampooing the interior, especially carpets and fabric, will help manage the inevitable salt and dirt that winter brings.
Install Winter Tires
If you already own winter tires, plan to have them installed in mid to late November, depending on your region’s snow patterns. Winter tires offer increased safety and handling in snowy and icy conditions. We’ll delve deeper into the pros and cons of winter tires in a future post.

LB News

When shopping for a new car, most dealerships and manufacturers provide flexible payment options designed to suit the needs of every buyer. Personally, I get paid once per month, so monthly payments are the most convenient for me. However, many people receive their pay on the 15th and 30th of each month, making semi-monthly payments a better fit. For a large group of buyers who are paid every second Friday, bi-weekly payments tend to be ideal. What’s often overlooked is that the math and calculation of these types of lease and financing contracts might get a buyer into a little budgetary hotwater.

Most individuals and families I speak with have a clear monthly budget in mind, which includes essential expenses like food, rent or mortgage, clothing, fuel, and of course, their car payment(s). While buyers go to the dealership knowing what they can afford each month, they are often unaware of how their monthly budget translates into bi-weekly payments.

At LeaseBusters, we ensure that payment frequency is always converted back to a monthly equivalent so that buyers can stay within their budget and easily compare one vehicle’s cost to another. Many people I encounter believe that doubling their bi-weekly payment gives them the equivalent monthly payment, but this is a common misconception.

Dealership News

Welcome to Mercedes-Benz Burlington: LeaseBusters’ Newest Partner in Luxury Leasing

LeaseBusters is excited to announce a new partnership with Mercedes-Benz Burlington, a renowned destination for premium and luxury vehicles in Ontario. Known for their commitment to customer satisfaction and luxury experiences, Mercedes-Benz Burlington has now added a dedicated LeaseBusters team, making it even easier for clients to explore options in leasing, lease takeovers, and seamless transitions into new Mercedes-Benz models.

Mercedes-Benz Burlington is not your average dealership; it’s a luxury facility where every detail is designed to impress. From the exquisite architecture to the comprehensive customer services, this dealership embodies the elegance and prestige associated with the Mercedes-Benz brand. At Mercedes-Benz Burlington, every visitor is welcomed into a world of luxury designed to cater to a wide range of tastes—from seasoned car enthusiasts to those taking their first steps into luxury vehicle ownership.

Mercedes-Benz has long been a pioneer in the luxury automotive industry, catering to a diverse demographic that values sophistication and precision engineering. Leasing is an especially popular choice among Mercedes-Benz enthusiasts, with a higher leasing penetration compared to regular brands. Many LeaseBusters visitors are avid leasers of Mercedes-Benz vehicles, attracted by the flexibility and style that leasing provides. With the ability to drive the latest models every few years, leasing has become the ideal way to stay on top of the latest advancements from Mercedes-Benz, known for leading-edge innovation and design.

The Quantum Difference

Mercedes-Benz Burlington stands out not just because of its vehicles but also due to its forward-thinking services, collectively known as the “Quantum” experience. This commitment to top-tier service is reflected in every aspect of the dealership:

Quantum Detailing: Every car is given a pristine, high-gloss finish that ensures clients leave with a vehicle looking its best.
Quantum Collision: In the unfortunate event of an accident, customers are guided through the repair process, and the vehicle is restored to meet Mercedes-Benz’s exacting standards.
Quantum Service: With highly skilled technicians and state-of-the-art equipment, Mercedes-Benz Burlington’s service team keeps vehicles performing at peak levels.

Alongside these core services, the dealership also provides unique amenities designed to elevate the waiting experience. The Q-Golf Simulator offers clients the chance to work on their golf game while their vehicle is serviced or detailed, adding a touch of leisure to the service process. Additionally, the Q-Café serves as a relaxing space where clients can enjoy refreshments while they wait, rounding out an unparalleled dealership experience.

Get out of a lease

Need to exit your lease? Get a free evaluation and market position assessment of your lease, and start the exit process today.

Click Here…

Get into a lease

Looking to take over an amazing lease? Enjoy short terms, cash incentives, and zero money down at signing. Plus, explore a wide selection of new vehicle leases!

Click here…

Featured Dealership

Discover LeaseBusters’ top dealership partners, known for exceptional service and exclusive deals. Whether leasing or financing, these innovative dealerships offer a smooth, hassle-free experience. Find out why they’re trusted to deliver the best in customer care and value.

Leasing Report

Vehicle Lease Report: Toyota RAV4 – A Lease-Take-Over Favourite

Lease Transfer Report: Honda Civic – A LeaseBusters Favorite

Post your vehicle

Transfer services

Hot buyers

Value adds

Dealer services

About us