Lease or Finance Your Next Acura: The Real Math in Quebec
In Quebec, where 20,000 km per year is common, deciding whether to lease or finance is a financial strategy. A Laval commuter driving daily to Montreal could face thousands in over-mileage fees with the wrong choice.
It’s not just “lease or finance”—it’s about avoiding unnecessary costs.
Leasing an Acura: Flexibility, but Watch the Mileage
Leasing means lower monthly payments and access to a new car more often. But according to the CCAQ (Quebec Automobile Dealers Corporation), the average annual mileage in Quebec exceeds 18,000 km. Most Acura leases cap at 16,000–20,000 km/year.
Example: Marc from Laval drives about 28,000 km/year in his Acura RDX. On a lease, he would have paid nearly $1,600 in over-mileage charges. Financing helped him avoid this hidden cost.
- ✅ Lower monthly payments
- ✅ Always a new model every 3–4 years
- ❌ Extra charges for mileage
- ❌ No ownership at lease end
Financing an Acura: A Long-Term Investment
Financing costs more each month, but you build equity. According to J.D. Power 2024, Japanese luxury brands like Acura retain an average of 42% of their value after 5 years.
Case in point: Sophie from the South Shore financed an Acura MDX over 72 months. After 6 years, she owns an SUV still worth $22,000 while driving payment-free.
- ✅ Unlimited mileage
- ✅ Vehicle ownership
- ✅ Resale value
- ❌ Higher monthly cost
Quick Comparison: Lease vs Finance
| Criteria | Lease (48 months) | Finance (72 months) |
|---|---|---|
| Monthly Payment (RDX) | $620 | $850 |
| Down Payment | $3,000 | $3,000 |
| Mileage | 16,000 km/year | Unlimited |
| Overage Fees | $0.15/km | None |
| End Value | $0 | $18,000–20,000 |
💡 If you drive less, leasing may save money monthly. But at high mileage, financing pays off long term.
How to Decide in Quebec
- Under 16,000 km/year and like new models → Lease
- Over 20,000 km/year or long-term use → Finance
- Business/self-employed → Leasing often has tax advantages
Tip: Always calculate total cost of ownership (payments + insurance + maintenance + resale value).
FAQ
What are the tax advantages of leasing an Acura in Quebec?
For businesses and self-employed workers, lease payments may be tax-deductible in Quebec.
Is leasing more expensive long-term?
Yes, if you exceed mileage limits or keep the car longer than 4 years. Financing often becomes cheaper.
What is Acura’s resale value after 5 years?
According to J.D. Power, Acura retains about 42% of its value after 5 years.
Conclusion: Which Option Fits You Best?
Leasing or financing is not just about money—it’s a lifestyle choice. Do you want the freedom of a new Acura every 3 years, or the peace of mind of driving payment-free after 6 years?
At Acura Montréal Centre, our team will assess your needs and recommend the smartest choice.
