What this lease exit estimate compares
A lease exit is not one calculation. Keeping the vehicle, buying it, selling it, transferring the agreement, and terminating early can each use different contract figures. This tool places those paths beside one another without pretending they are identical.
The current buyout, transfer fee, disposition fee, excess-kilometre charge, and any early-termination quote should come from your contract or leasing company. Market value and future driving pace remain estimates.
- Keep to lease end: remaining payments, entered disposition fee, and projected excess-kilometre exposure.
- Buy out and keep: current buyout plus taxes or fees you enter.
- Buy out and sell or trade: market value compared with buyout and entered transaction costs.
- Transfer: the entered transfer fee, excluding incentives or unconfirmed charges.
- Early termination: shown only when you enter a lessor-supplied amount.
How the kilometre projection works
The calculator estimates months elapsed by subtracting months remaining from the total lease term. It then projects the current odometer pace through the full term. This assumes the lease began near zero kilometres; subtract a non-zero starting odometer before entering the current usage.
Projected excess exposure is not a bill. Future driving may change, and your contract controls how kilometres, taxes, waivers, and vehicle return conditions are assessed.
Important limitations
Canadian lease terms, tax treatment, transfer eligibility, dealer processes, and early-termination formulas vary by contract, lessor, province, and transaction. The calculator does not infer those rules.
- It does not price excess wear, repairs, inspection outcomes, or insurance.
- A market estimate is not a guaranteed dealer offer or private-sale price.
- Positive equity does not mean the lessor permits every sale or transfer path.
- A low immediate exit amount may not be the lowest long-term cost.
Worked example
An 18-month lease position
Suppose a driver pays $649 monthly with 18 months left. The current buyout is $27,000, estimated market value is $28,200, and the entered transfer fee is $650. With no added buyout tax or fee entered, the vehicle has about $1,200 of estimated equity before selling costs.
The calculator shows $11,682 in remaining payments and compares the $0 calculated sale shortfall with the $650 transfer fee. The driver still needs a current buyout, real purchase offer, and lessor rules before choosing.Frequently asked questions
Can this calculate my exact early lease termination penalty?
No. Lessor formulas and contract terms differ. Enter a current written early-termination amount supplied by your leasing company; otherwise the result correctly shows that a quote is needed.
Does positive lease equity mean I can sell the vehicle?
Not necessarily. It means the entered market value is above the entered buyout. Your lessor’s ownership, buyout, third-party sale, and transfer rules still control what is possible.
Are Canadian sales taxes included?
Only if you enter them in the buyout taxes and fees field. Tax treatment can depend on the province and transaction, so the calculator does not invent a rate.
Why are keeping and buying out not treated as immediate exits?
Their displayed amounts represent different decisions: remaining contractual lease cost versus the cost to acquire the vehicle. The summary only compares paths that can represent an immediate exit amount with the entered data.