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.

Winter is coming

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:

  1. 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.
  2. 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.
  3. 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.
CarCostCanada and LeaseBusters - Team Up to Aid Consumers

A Dynamic Duo: LeaseBusters and CarCostCanada Simplify Getting out of Unwanted Vehicle Leases

For leasing customers, the past few years have been anything but ordinary. Many drivers locked into leases during the vehicle inventory shortage of 2022 and 2023 now find themselves re-evaluating their options. This unprecedented time in the automotive market was defined by inflated new car prices, higher interest rates, and a noticeable absence of manufacturer subsidies or rebates. Simply put, leasing customers had no choice but to accept higher monthly payments due to market conditions.

Fast forward to today, and the automotive landscape has shifted significantly. CarCostCanada® (CCC), a trusted resource for car buyers and lessees alike, is thriving with its revamped and upgraded Market Value Report (MVR). This cutting-edge tool provides comprehensive new car pricing research, making it an indispensable asset for anyone planning to buy or lease a vehicle. For new car leasing customers, the MVR stands out with its ability to deliver detailed insights into the leasing rates for 95% of new cars sold in Canada.

CarCostCanada’s Market Value Report: Empowering Leasing Decisions

CCC’s MVR has been a game-changer for new car leasing customers. Its innovative features include subsidized leasing interest rates, optimized manufacturer residual values, and a leasing calculator known as the Mathbox. The Mathbox goes beyond basic calculations, offering CCC members the ability to compare leasing options across multiple terms—24, 36, 39, 42 months, and more—giving them a clear view of potential savings and better deals.

This level of detail allows members to determine whether breaking free from their current lease to secure a more affordable one makes financial sense. For those who leased during the high-cost period of 2022–2023, the MVR provides a crucial roadmap to smarter leasing decisions in today’s more favorable market conditions.

LeaseBusters: The Ultimate Exit Strategy

While CCC’s tools are invaluable for researching new leasing opportunities, many customers still face the challenge of exiting their current lease. This is where LeaseBusters (LB) comes in. With a highly trafficked online marketplace and a proven track record dating back to 1990, LB connects individuals looking to exit their lease with eager buyers who prefer short-term lease takeovers.

Lease takeover buyers on LB’s platform are drawn to the opportunity to avoid down payments, startup costs, and even secure a cash incentive from the original lessee. These buyers are often willing to pay a slightly higher monthly payment for the convenience and flexibility of a short-term lease, making LB an ideal solution for lessees who want out of their contracts.

LB further simplifies the process by offering a detailed market evaluation to help sellers determine a reasonable cash incentive to attract buyers. This ensures that both parties benefit: the seller can liberate themselves from an unwanted lease, while the buyer secures a desirable short-term lease.

Mercedes Benz Burlington

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.


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