When it comes to doing a lease takeover, there is always a fee involved. It is a paperwork process that requires time, a credit application, and a new financial contract. This article is very simple: the full list of all available makes in the Canadian market and how much you must pay to complete the transfer of a vehicle lease contract.
Lease Takeover Fees in Canada
The transfer fee is usually defined by the manufacturer and is a one time fee that must be paid on the moment of the transaction. It is commonly negotiated between the buyer and the vehicle owner and averages about 600CAD. The table that follows specifies how much it is by make and is subject to sales tax.
Disclaimer: All the following transfer fees should be used as a reference and must be verified with your dealership. All numbers were provided by our community and we offer no guarantee these are the same across all Canadian provinces.
- Acura - $595 +tax
- Alfa Romeo - $900 +tax
- Audi - $1,500 +tax
- BMW - $1,200 +tax
- Buick - $595 +tax
- Cadillac - $999 +tax
- Chevrolet - $450 +tax
- Chrysler - $400 +tax
- Dodge - $400 +tax
- FIAT - $400 +tax
- Ford - $595 +tax
- Genesis - $650 +tax
- GMC - $595 +tax
- Honda - $795 +tax
- Hyundai - $699 +tax
- Infiniti - $650 +tax
- Jaguar - $399 +tax
- Jeep - $400 +tax
- KIA - $650 +tax
- Land Rover - $399 +tax
- Lexus - $299 +tax
- Lincoln - $595 +tax
- Maserati - $900 +tax
- Mazda - $450 +tax
- Mercedes-Benz - $1,095 +tax
- Mini - $1,200 +tax
- Mitsubishi - $500 +tax
- Nissan - $750 +tax
- Porsche - $400 +tax
- RAM - $400 +tax
- Smart - $1,095 +tax
- Subaru - $500 +tax
- Tesla - unknown
- Toyota - $750 +tax
- Volkswagen - $999 +tax
- Volvo - $895 +tax
