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A user opening INFINITI car trunk using sensors

INFINITI LEASING OPTIONS

Leasing can be a great cost-effective option when you’re not looking to own. Learn the ins and outs of leasing a new car and see how INFINITI Financial Services is here to help.

WHAT IS LEASING?

A Long-Term Rental

When you lease a car, you enter into a contract with a company like INFINITI Financial Services and agree to terms around the vehicle’s use. These can include the duration of the lease, a yearly mileage cap, acceptable damages and the like. It’s a long-term rental and it offers lower monthly payments than financing. Here, you’re paying for what you use rather than paying to own.

How You Can Benefit

Lower monthly payments are great, but did you know there are other ways you can benefit from having a lease? Learn more about the perks of leasing and see whether it’s the right fit for you.

More Pocket Money

Leasing requires lower monthly payments, because you’re essentially paying for how you use your car, rather than 100% of the vehicle’s value. You’re also not being taxed on the total cost of your vehicle – only on what you pay per month.

Flexible Down Payments

When you lease a new vehicle, you can still make a down payment – with the option to tailor it to your needs. A higher down payment means lower monthly payments.

INFINITI Financial Services also offers a Multiple Security Deposit program, which allows you to lower your annual interest rate up to 1.50% on a lease contract. Choose between 4, 6, 8 and 10 deposits and enjoy the following rate reductions.

4 deposits | 0.75%
6 deposits | 1.00 %
8 deposits | 1.25%
10 deposits | 1.50%

Plus, we offer a pre-paid lease option for added flexibility. That means no monthly payments, lower tax and interest, no vehicle debt and the convenience of returning your car hassle-free if you’re looking for a change.

Change Vehicles at Lease End

If you’re spending less monthly, it can be more feasible to move up to a newer or better equipped model – a plus for those who like to try out different vehicles.

Try Before You Purchase

There’s also the option to purchase your vehicle at the completion of your lease. That means you’re buying a car you’re already comfortable with. See your INFINITI retailer for details.

A customer calculating INFINITI lease payments

CALCULATE INFINITI LEASE PAYMENTS

Break Down the Costs

Thinking about leasing an INFINITI? Use our payment calculator to explore different leasing options and see what they add up to monthly. Then find out how they compare to financing options shown side by side.

Estimate Payments

How Leasing Works

When you lease, it’s key to understand residual value. In basic terms, it’s the dollar amount your vehicle is estimated to be worth after you’ve used it. With certain leases, based on your contract and how you use your vehicle, you may need to pay extra if the residual value ends up being lower than the number you agreed to upfront. That said, INFINITI Financial Services does not offer leases with these terms, so you won’t need to worry about assuming this level of risk.

Types of Leases

There are two types of leases: open-end and closed-end. In an open-end lease, the terms are often flexible, but you can be charged penalties if you go over your contract’s mileage or wear and tear limits. In a closed-end lease, the terms are more fixed, but the lessor takes on any risk associated with a vehicle’s depreciation in value.

View Leasing Glossary

Why Lease an INFINITI?

INFINITI Financial Services offers closed-end leases only, which means we guarantee residual value and assume certain risks at lease end. If you choose to purchase your vehicle and the market value is higher than the residual value, you come out ahead. If it’s lower, you can return the vehicle.

What an INFINITI Lease Offers

Our lease program allows for 24,000 km of driving per year. That’s about what the average Canadian drives. If you’re a high-use driver and expect to exceed the standard lease’s 24,000 km yearly limit, you may find it more economical to purchase extra km up front. Think you’ll drive less? INFINITI also offers flexible mileage options at a cap of 16,000 km and 20,000 km. 

It's the difference between paying 8¢/km in the beginning and 10¢/km at maturity – yet another way your INFINITI retailer can tailor a lease to meet your needs.

Contact a Retailer

READY TO LEASE?

Consider a Few Things

Before you lease a vehicle, think through how you’ll use it on a daily basis. To help you
determine whether leasing is right for you, here are a few key things to keep in mind.

Lease terms in Canada often cover up to 24,000 km
You may need to add extra km to your agreement
You won’t own the vehicle when your lease is up
You’ll be responsible for excessive wear and tear.

A man and woman sitting inside an INFINITI car

INFINITI WEAR & TEAR GUIDE

Learn Before You Lease

Find out what normal wear and tear looks like – and what’s considered to be excessive. Review the INFINITI Wear & Tear Guide before you lease and know what to expect when it comes to cracks, dents, scratches and scrapes.

Download Guide

What Happens at Lease End?

Generally, you can replace, return or purchase your vehicle when your lease is coming to a close. If you go with INFINITI Financial Services, you can expect to hear more about your options toward lease end – along with offers you can take advantage of should you continue on with INFINITI.

Explore Your Options

Whatever path you take at lease end, INFINITI Financial Services is dedicated to making your customer experience as seamless as possible. Explore the different steps you can take when your INFINITI lease is up, and connect with your local INFINITI retailer about which options are right for you.

View Guide

Replace Your Vehicle

Turn in your current vehicle in accordance with the terms of your lease agreement and lease or buy a new INFINITI. Before you do, check to see if you’re eligible for the INFINITI Financial Services Loyalty Program.   

Please note, vehicles may be subject to an inspection whether or not the retailer purchases your vehicle at lease end.

Purchase Your Vehicle

If you end up purchasing your leased vehicle, there will be no charges for excess mileage or wear and tear. You will not be responsible for any end-of-lease costs other than the predetermined purchase price (residual value) and the incidentals outlined in your Lease Agreement – plus applicable taxes.

Incidentals include: the cost of all governmental or other regulatory fees and taxes; all safety standards, emissions and other required certification incurred in connection with the purchase of your vehicle – and the transfer of ownership of the vehicle to you.

Should you choose to purchase, and require a purchase loan, INFINITI Financial Services may be able to assist. Your retailer can provide you with more details. Please note, administration fees may be charged at the retailer.

Return Your Vehicle

If you decide to return your INFINITI, keep the following details in mind.

Our Lease Customer Network department will contact you approximately 30 days prior to maturity to answer any questions you may have.
Prior to your maturity date, we strongly recommend contacting your INFINITI retailer to schedule an appointment for your vehicle drop-off. Please remember to bring your two key fobs when turning it in. 
Your INFINITI retailer will ground your vehicle in your presence using an internal website. At this time, they will print off an INFINITI Financial Services grounding receipt to be signed by both you and the retailer. Be sure to retain this form; it’s a receipt acknowledging the date you returned the vehicle.

The grounding receipt is not a vehicle inspection report. If the retailer does not end up purchasing your vehicle, an independent third-party inspector will complete a detailed condition report. This report will then be used by INFINITI Financial Services to determine whether excess wear and tear charges are warranted, or if the vehicle has been driven beyond the allowable contract kilometres – which would then be charged to you.

INFINITI LOYALTY PROGRAM

You Could Be Eligible

Find out whether you quality for the INFINITI Financial Services Loyalty Program. If you’re already a INFINITI driver, this program may apply to you.

Explore Loyalty Program

FAQ

Can I lease a pre-owned vehicle?

Currently, INFINITI Financial Services (IFS) only offers leases for new INFINITI vehicles.

Do I have to notify IFS if my lease vehicle was involved in an accident and sustained damage?

Yes, please contact IFS at 1-800-268-6499 (Eastern Canada) or 1-800-268-0764 (Western Canada). If your insurance company is issuing a cheque that IFS must endorse, copies of the insurance estimate and the repair bill showing the completed repairs are required. A representative of our Insurance department will provide you with the details.

How much can I get for my trade-in?

It depends on a number of factors, including the vehicle model, year and condition. You can also get a general idea of your car's worth by checking independent car value guides. However, a vehicle survey by your INFINITI retailer is always necessary to determine whether that INFINITI retailer is willing to accept a trade-in and what the final trade-in value will be.

There’s an entry on my credit report from IFS. Who do I contact?

The credit bureaus will help you investigate any issue in your credit file. You may contact them at:

Equifax Canada Inc.
1-800-865-3908
www.equifax.ca
TransUnion of Canada Inc.
1-866-525-0262 for residents of Canada, except Quebec
1-877-713-3393 for residents of Quebec
www.tuc.ca

Can I change the due date on my account?

Contact our Customer Service Department to verify that your account is eligible and to determine the terms for a payment due date change. If eligible, you may make a written or verbal request to process the due date change. You may reach a Customer Service Associate by calling 1-800-268-6499 (Eastern Canada) or 1-800-268-0764 (Western Canada), Monday through Friday, from 9:00 a.m. to 8:00 p.m., Eastern Time.

Can I change the account for my pre-authorized payment?

Yes, please mail or fax your request along with a copy of the cheque for the new account-marked "VOID" to IFS. Please ensure the cheque is fully MICR encoded as we cannot accept handwritten account number information.

IFS will only accept cheques drawn on accounts in the name of the lessee/lessees on the agreement and we cannot accept those drawn on lines of credit or credit cards. If you wish to have the payments taken from a business account not listed as a lessee on the account, you must provide full business signing authorities to support the request.

Can I skip or defer the payment on my account?

Your account may qualify for a payment extension. Please contact our Customer Service Department at 1-800-268-6499 (Eastern Canada) or 1-800-268-0764 (Western Canada), Monday through Friday, from 9:00 a.m. to 8:00 p.m., Eastern Time.

What if I can no longer afford the payments on my lease account?

If you cannot afford to make your monthly payments, contact IFS or your retailer immediately and explain your situation.

Will IFS allow another party to take over the payments on my account?

Subject to credit approval, yes. If you would like to have another party assume the payments on your existing contract, that party would submit a credit application through your local INFINITI retailer to IFS for review. There is a minimum of $750.00 plus applicable GST and Provincial taxes fee for each Assignment or Assumption.

How do I notify IFS if I’m moving?

Please access the INFINITI Owners Portal to update your account information. Login or register here.

My name recently changed. How do I update the name on my lease?

Please send written verification of your legal name change, such as marriage license or divorce decree to:

INFINITI Financial Services
5290 Orbitor Drive
Mississauga, Ontario
L4W 4Z5
Attention: Customer Service

How is my payment amount determined?

Your payment amount is determined by the sum of the Rent Charge and the depreciation and any amortized amounts over the term of the lease. Except in the case of a single-payment lease, these amounts are totalled and divided by the Lease Term. Any applicable monthly taxes are then added.

Will my late payment be reported to the credit bureau?

IFS is obligated to report any payment received more than 30 days past the due date.

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