What is the lowest new car lease rate in Canada right now?

Lease rates change monthly and vary by brand, model, and region. Carniverse tracks advertised manufacturer lease and finance rates across every major brand in Canada, updated monthly, so you can compare current offers by body type, brand, and monthly payment.

How much is a car lease payment in Canada?

Lease payments depend on the vehicle's MSRP, the advertised lease APR, the lease term, and the residual value. Carniverse's new car promotion database shows current advertised lease and finance payments side by side for every major model sold in Canada.

Updated August 6, 2026 · Western & Eastern Canada

This Month’s New Car Promotion — Full Comparison

Compare new car lease and finance rates in Canada across most major brands. Every monthly payment is quoted on the same terms, so you can see which SUV, sedan, truck, hatchback or minivan is genuinely the cheapest to lease or finance right now.

How we compare

A payment only means something if every car is quoted the same way, so we hold the terms constant:

Lease 48 months · 20,000 km/yr · $0 down
Finance 84 months · $0 down

Both before tax, entry trim. Where a manufacturer doesn't offer these terms we use the closest they do and show it in amber, so a longer term or lower mileage never looks like a better deal than it is.

Subject to credit approval. Confirm with a dealer before purchasing.

Loading…

All lease payments shown on the same basis: 48-month term, 20,000 km/yr, $0 down, before tax. Exceptions are labelled. Estimates of entry trims for reference only, based on advertised manufacturer rates as of current time, subject to credit approval. Confirm with a dealer before making a purchase decision.