Car Lease Deals in Canada for October 2026

Shopping around for a new car? There are plenty of great car lease deals available to help you get your new set of wheels for less.

In this guide, we’ll explore the lowest lease rates in Canada and how you can find the best lease deals.

What are the lowest lease rates in Canada?

If you’re searching for the best lease deals in Canada, here are some of the lowest lease rates currently available from the following popular manufacturers:

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What are the lowest SUV lease deals?

Low-rate SUV lease deals are currently available for the following models:

• Volkswagen, 2025 ID.4, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO AWD, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO S, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO S AWD, 0%, 48 months
• Nissan, 2026 Rogue S, 0%, 36 months
• Infiniti, 2026 QX60 SPORT, 0%, 36 months
• Subaru, 2026 Crosstrek Convenience, 0.99%, 24 months
• Subaru, 2026 Forester Convenience, 0.99%, 24 months
• Subaru, 2026 Forester Hybrid Premier, 0.99%, 24 months
• Subaru, 2026 Uncharted FWD, 0.99%, 24 months
• Ford, 2026 Bronco Sport, 0.99%
• Infiniti, 2027 QX60 SPORT, 0.99%, 36 months
• Infiniti, 2027 QX65 SPORT, 0.99%, 36 months
• Subaru, 2026 Solterra AWD, 1.49%, 24 months
• Volkswagen, 2026 Tiguan Comfortline, 1.49%, 36 months
• Volkswagen, 2026 Tiguan Comfortline R-Line Black, 1.49%, 36 months
• Volkswagen, 2026 Tiguan Trendline, 1.49%, 36 months
• Subaru, 2026 Outback Limited XT, 1.99%, 24 months
• Subaru, 2026 Outback Touring, 1.99%, 24 months

What are the current EV lease deals?

EV lease deals in Canada are currently available on the following electric and hybrid models (excluding mild hybrids):

• Volkswagen, 2025 ID. Buzz 1st Edition, 0%, 48 months
• Volkswagen, 2025 ID. Buzz 1st Edition 4MOTION, 0%, 48 months
• Volkswagen, 2025 ID.4, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO AWD, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO S, 0%, 48 months
• Volkswagen, 2025 ID.4 PRO S AWD, 0%, 48 months
• Subaru, 2026 Uncharted FWD, 0.99%, 24 months
• Subaru, 2026 Solterra AWD, 1.49%, 24 months
• Kia, 2026 EV9 Light RWD, 2.19%, 36 months
• Chevrolet, 2027 Bolt, 2.9%, 24 months
• Chevrolet, 2027 Bolt, 2.9%, 48 months
• Subaru, 2026 Trailseeker Touring, 2.99%, 24 months
• Audi, 2027 A6 e-tron quattro, 3.48%, Up to 48 months
• Audi, 2027 Q6 Sportback e-tron quattro Progressiv, 3.48%, Up to 48 months
• Audi, 2027 Q6 e-tron quattro, 3.48%, Up to 48 months
• Audi, 2027 S6 e-tron quattro, 3.48%, Up to 48 months
• Audi, 2027 SQ6 Sportback e-tron quattro Progressiv, 3.48%, Up to 48 months
• Audi, 2027 SQ6 e-tron quattro Progressiv, 3.48%, Up to 48 months
• Cadillac, 2027 LYRIQ, 3.9%, 24 months
• Cadillac, 2027 OPTIQ, 3.9%, 36 months
• Cadillac, 2027 VISTIQ, 3.9%, 48 months
• Subaru, 2027 Solterra Touring, 3.99%, 24 months
• Subaru, 2027 Trailseeker Touring, 3.99%, 24 months
• Subaru, 2027 Uncharted FWD, 3.99%, 24 months
• Hyundai, 2026 IONIQ 9 Essential RWD, 4.29%, 60 months
• Audi, 2026 S e-tron GT quattro, 4.48%, Up to 48 months
• Chevrolet, 2026 Blazer EV, 4.9%, 48 months
• Hyundai, 2026 Kona Electric Preferred, 5.49%, 60 months
• Nissan, 2027 ARIYA SV, 5.9%, 60 months
• Hyundai, 2026 IONIQ 5 Preferred Long Range, 5.99%, 60 months
• Hyundai, 2026 IONIQ 5 Preferred Long Range AWD, 5.99%, 60 months
• Ford, 2026 Mustang Mach-E Select AWD, 6.49%, 60 months
• Cadillac, 2026 Escalade IQ, 6.9%, 48 months
• Chevrolet, 2027 Equinox EV, 6.9%, 48 months
• Nissan, 2027 LEAF S, 6.9%, 60 months
• Chevrolet, 2026 Silverado EV, 8.5%, 48 months
• GMC, 2026 Hummer EV Pickup, 8.5%, 48 months
• GMC, 2026 Hummer EV SUV, 8.5%, 48 months
• GMC, 2026 Sierra EV, 8.5%, 48 months

What are the best truck lease deals?

Searching for the best truck lease deals with $0 down? While down payment requirements vary depending on the offer, some of the lowest truck lease deals currently available include:

• Chevrolet, 2026 Silverado 1500, 1.9%, 24 months
• GMC, 2026 Sierra 1500, 1.9%, 24 months
• Ford, 2026 F-150, 1.99%

Offers expire on November 2, 2026. Data in this article is based on Finder’s monthly research of 20+ dealerships and was last verified on October 2, 2026. Offers are on approved credit, vary by region and may have other conditions. Pricing, offers and payments are estimates only and are subject to change without notice; actual terms, vehicle availability and final pricing may vary directly by dealership. Please verify all terms and current offers with your local dealer.

Lease rates vs. financing rates: What’s the difference?

Car leasing interest rates tend to be slightly higher than car loan interest rates. But that’s not always the case—compare the latest offers for a specific make and model, and you may find a lower APR if you lease a vehicle rather than finance it.

There are several factors that affect the interest rate you get, including the purchase price and the car’s value once the lease term ends, the lease term and your credit score. Leasing and financing offers can also vary depending on where you live and on which specific models manufacturers and dealers are trying to move, so it pays to shop around to find the lowest lease rates in Canada.

When leasing makes sense

Consider leasing a car if:

• You like driving new vehicles. Leasing gives you the flexibility to regularly upgrade to a new vehicle with the latest tech and safety features. This means you’re not tied down to one vehicle for the long term, so you can switch models as your needs change.
• You want a more manageable monthly payment. A monthly lease payment will usually be lower than a monthly car loan payment. Rather than paying off the full sticker price of the vehicle, you pay to use the car and cover the cost of depreciation.
• You don’t want to pay a lot upfront. You don’t have to part with a big chunk of cash straight away, which you would have to do for a car loan down payment or to buy the vehicle outright.
• You can meet the terms and conditions. Leases often come with mileage limits and fees for excess wear and tear. So if you don’t drive long distances and you don’t plan to be too harsh on the vehicle, leasing might be right for you.
• You want maintenance included. Some leases cover the cost of routine maintenance. And because you switch to a new vehicle and lease every few years, it may be possible to avoid the higher maintenance costs associated with long-term car ownership—any problems that do arise should be covered under warranty.
• You want tax deductions. You may be entitled to claim your lease payments as tax deductions if you use the vehicle for business purposes.

When leasing may not be right for you

Leasing might not be suitable for you if:

• You want to own the vehicle. Most leases have terms of three or four years, but you don’t own the vehicle when the term ends. With a car loan, you own the car outright once you pay off the loan.
• You don’t want to be constantly making payments. Once you pay off your car loan, you don’t have to budget for monthly payments. If you’re leasing, you always have the pressure of payments hanging over your head.
• You drive a lot. If you cover big distances on a regular basis, the mileage restrictions on leases may not suit your needs.
• You want to modify your car. Want to tint the windows, tweak the engine or fit bigger wheels? You can’t typically do that on a leased vehicle.
• You want to save money in the long run. Financing a car, paying it off and owning it for the long term will eventually work out to be cheaper than leasing a new car every few years.

If you’re not sure whether leasing or financing is right for you, use our car lease calculator to determine the cost of an offer.

Should I lease a car?

How to make sure you’re getting the best lease deal

These simple tips could help you qualify for a better deal on your next car lease.

• Compare your options. Compare lease offers across various makes and models to check what’s available. You can also shop around at multiple dealerships to find the best deal for your specific requirements.
• Improve your credit score. Paying down existing debts will reduce your credit utilization and potentially boost your credit score, helping you qualify for a lower interest rate.
• Look for special offers. Keep an eye out for the latest leasing offers from your favourite manufacturers, as deals are updated regularly. You may also be able to find a good deal towards the end of the year, when dealers are keen to clear space on showroom floors for new-model vehicles. And if you love a particular car brand, you may be able to take advantage of any interest rate reduction loyalty bonuses.
• Consider resale value. The cost of your monthly lease payment is in part based on the difference between the vehicle’s purchase price and its estimated value at the end of the lease. That’s why it’s a good idea to use resources like the Canadian Black Book to look for manufacturers and models that tend to hold their value well. You can also look at the J.D. Power 2025 U.S. ALG Residual Value Awards, which named Lexus as the best premium brand for residual value and Honda as the best mass market brand.
• Read the fine print. It goes without saying, but take your time to review the lease agreement carefully before signing. Make sure you’re aware of what your monthly payment will be, how long the lease is and what fees apply.

Bottom line

There are plenty of competitive car lease deals available if you’re willing to shop around. Compare quotes and special offers to find the lowest lease rates in Canada, but make sure to consider the pros and cons of leasing vs financing before deciding on the most effective way to get behind the wheel of your next car.

Frequently asked questions

• Does the Tesla Model 3 have a lease deal?

  Tesla has offered lease deals for the Model 3. Generally, lease deals are updated regularly and vary depending on where you live and the specific vehicle you want to buy, so you'll need to visit the Tesla Canada website to get a quote.

• Which brands have lease deals this month?

  Most major manufacturers offer car lease deals in Canada each month. Visit the offers section of a car maker's website to find out about the lowest lease rates currently available.

To make sure you get accurate and helpful information, this guide has been edited by Leanne Escobal as part of our fact-checking process.

Written by

Tim Falk

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Tim Falk is a freelance writer for Finder. Over the course of his 20-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

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