Please ask us for details: 416.623.4269

We Lease
Pre-Owned

Vehicles

of All Makes.

Welcome to Toronto Auto Leasing

Serving Toronto for over 20 years as the go-to destination for BMW and MINI vehicles, BMW Toronto is proud to launch Toronto Auto Leasing, TAL.  TAL is our own all-makes, new and pre-owned vehicle leasing company.

Flexibility


Lower Payments


All Makes and Models


Benefits of Leasing with us

  • One-stop shopping
  • Data security and privacy — info remains with TAL, and no 3rd party
  • Quick approvals — get on the road fast
  • All makes and models can be leased
  • If we don’t have it, we can seek it
  • Shorter commitments vs traditional financing
  • Flexibility in terms and mileage

2022 BMW M4 Competition Cabriolet M xDrive,
Graffiti Alley, Queen West, Toronto

Please speak to us to answer all your questions about the options and benefits of having Toronto Auto Leasing rather than a third-party lease on your next vehicle.

Ask us for details: 416.623.4269

Convenient

Leasing a vehicle at TAL is simple. We lease all makes, new and pre-owned. Select the vehicle you want from our inventory and we will craft a lease that fits your needs. If you do not see the right vehicle for you, contact us. We may be able to source what you are looking for or have it in incoming inventory.

2022 BMW X5 xDrive40i, Bremner Boulevard, Toronto

Once you have selected the right vehicle, consider the following:

  • How many kilometers do you expect to drive annually?


  • How long do you expect to keep the vehicle?


  • Do you have a specific monthly budget in mind?


  • How much down payment do you anticipate?
    We have options that include no down or can craft the down payment to fit your monthly budget.


  • Do you own a company?
    If so, do you wish to have the company name on the lease?

Why Lease
a Pre-Owned Vehicle?

We know leasing a new vehicle can be a great option. The same is true if you are opting for a pre-owned vehicle. With a TAL Lease, you have the flexibility to pick the vehicle you want, new or pre-owned. We can craft a lease to fit you, factoring in the term, mileage, and financial circumstances.

Roughly 60% of our new car buyers opt to lease their vehicle. When it comes to a pre-owned vehicle, leasing also makes sense. The industry trend has been to finance rather than lease these vehicles, with finance terms often in the 72/84, and sometimes 96-month terms. In doing so, these finance buyers have made a massive commitment, and have essentially created their own residual, as most will look to trade long before their term expires.

Want to extend your TAL lease at term, or your BMW Financial Services lease while you decide what is next?

We can do that.
Flexibility is the key feature of a TAL lease.

Why Lease from TAL?

Leasing your next vehicle from TAL makes sense for several reasons. We are already the number one place in downtown Toronto to acquire a BMW or MINI vehicle, new or used.

We offer high-quality service for all stages of your ownership cycle. With the addition of TAL, we are now a full-service, one-stop shopping location. We can source, service, and finance your vehicle. No third party required. We can offer flexible solutions to tailor your lease to your specific circumstances.

Contact one of our advisors to learn more about TAL, and how we can make your next vehicle acquisition a simpler process.

Select Your Next Vehicle

A 48-month lease carries an affordable payment level and shortens your commitment period, giving you more flexibility.

Review your options with us, and we can show you the difference.

Frequently Asked Questions

About Leasing

Leasing is more customized and user-friendly than ever before. At Toronto Auto Leasing, we've designed a lease explicitly for luxury vehicle buyers that enables them to drive more car for their money and end their lease at any time without the penalties normally associated with early termination.

We assign a lease-end residual value for the car, and while the lease is in place, the lessee makes payments based on the difference between the amount financed and that residual.


When the lease expires, the owner has four options:


  • Pay the residual and own the car
  • Sell the car, pay the residual, and keep or pay any difference
  • Return the car to TAL for a replacement vehicle, or simply return it. Receive equity refund or pay any fees owing to finalize the transaction
  • Refinance the residual through a new lease without a large cash outlay and continue to drive the vehicle until ready for a replacement or until the vehicle is paid out.

That’s the beauty of a Toronto Auto Lease. Our Early Termination Program allows an owner who wants to end their lease early to pay the balance owed, calculated based on a simple formula.


Lessees can exchange vehicles at any time by paying out one lease with the help of the lessor and initiating another lease on a different vehicle. There are no penalties per se, but at any time, the lessee is responsible to payout the Lease Amount Owing. In reality, this is no different than if a client has a finance contract.

Sales tax on a purchased or financed vehicle is due immediately. With a lease, tax is based on the monthly payment schedule. This provides the car owner the use of that money over the term of the lease. More significantly, if the car is leased under a business name, not necessarily a corporate entity, pre-tax dollars may be used to pay for the lease.

Many of our leasing clients use their cars for business purposes. A BMW certainly impresses prospects and customers. Because automobiles play an essential role in our culture, a vehicle from the Toronto Auto Leasing selection can surely set a standard. It does not suggest that the lessee can “write off” the entire lease rate but can expense the legal limit allowed by CRA.

We do not think leasing makes sense for every situation. We do recommend all financing options be considered as leasing can be an extremely viable option.

Contact any one of our lease consultants and ask them to explain what Toronto Auto Leasing can offer.

Ask us for details: 416.623.4269

About Us

BMW Toronto has been the best source for premium vehicles in Toronto for many years. We bring the same commitment to TAL increasing your options to enjoy the finest vehicles from around the world. Our sales, service, and now leasing experience are second to none.

We all know that leasing a new vehicle can often make sense. This is no different from a pre-owned vehicle. If you are considering a new vehicle but find the payment, or on-delivery fees, a little out of reach, we now have the ability to consider switching to a nearly new vehicle. This is often a great way to save some money and have more flexibility than with the new vehicle, allowing depreciation to work for you.

BMW Toronto has the knowledge, expertise, and experience that is second to none, allowing us to make your next vehicle a reality. Having TAL as your leasing company to carry the funding makes sense. Nobody can match our ability to service your needs when in a vehicle from BMW Toronto.

Your next vehicle with us,

easy to buy
and a pleasure to own.

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Copyright
Toronto Auto Leasing

 by arango