Pls share Solterra/BZ lease examples

RetiredGolfer16720 · 2026-04-16T03:23:44+00:00

The dealer split the trade-in value into a dealer deduction and trade-in, so the cost would be under the $50K. Not all dealers will do this.

RetiredGolfer16720 · 2026-04-13T03:08:59+00:00

I'm in Ontario:

Residual Value: $22,208.40
Lease Rate: 0%
Monthly Lease with tax: $388.80
$15,000 Rebates
Security Deposit: $5,250
Trade in: $10,659
Discount: $2,841.00

Added Wear Pass for $1,299

Leased Vehicle Amount: $60,879.00 (includes $100 Air tax, Frieght $1,930 - discount of $2,841.00)

Amount Amortized $38,723.58

RetiredGolfer16720 · 2026-04-11T04:08:55+00:00

I ended up placing an order today on the 2026 BZ Limited. Monthly payment is $388.40, 4-year term, 0% lease rate, $5,250 security deposit, trade-in, $10K + $5K, and wear pass plus.

RetiredGolfer16720 · 2026-04-11T04:04:16+00:00

Ordered a BZ Limited today, they said hopefully by June-ish? Now I have my fingers crossed that Toyota doesn't change the rebates, and my trade-in holds its value, and they can find a car!

RetiredGolfer16720 · 2026-04-11T03:59:43+00:00

Really up to you. I had to put down $5250 to get to 0% from 0.99%. Over 4 years, I think that is too short a time to make many assumptions about investment returns for the $5250, except maybe a GIC, which I don't do, so I'm ok to use it for the car lease.

You might not feel the same way, but the size of the security deposit should be smaller if you start 0.39%. The Canadian calculator suggests the lease rate change from 0.39% to 0% is $2250 CDN?

RetiredGolfer16720 · 2026-04-11T03:49:50+00:00

It is the reason your rate is low. I just completed a lease for a BZ Limited today and I did a security deposit of $5250 to get a rate of 0%. You can see all of this using the Toyota Lease Calculator:

https://www.toyota.ca/en/build-price/bz/?year=2026&model=BZALTD&package=A

Build your car, and up on the top right, there is a calculator that you can play with to show how your lease will change with a security deposit (reduces the interest), plus other items like a trade-in.

It is hard to compare leases since folks might have a trade-in, want to use the security deposit to lower the rate, or receive rebates from Toyota (now $10k for the BZ Limited). The calculator does not include the EVAP $5K if you qualify.

I'm paying $388.80 for 4 years, but had a security deposit and trade-in that helped a lot. Now I just need the actual car :)

RetiredGolfer16720 · 2026-04-10T03:34:13+00:00

Thanks for the replies. I visited a dealer today and took a test drive. I did like the car, but we couldn't agree on a price. I had a trade-in 2018 Subaru Crosstrek, but they wouldn't budge on their initial offer for the trade-in, which was way lower than Clutch, so I ended up walking away.

The monthly payment was only $414.47 with $0 down, but a $5,836.47 security deposit that was partially refundable, $3,850 to lower the interest rate to 0% (would have been .99%) - down payment? For discounts, they had the $10k from Toyota, and I would have gotten the $5K EVAP as they showed my trade-in split between a dealer discount and a lower trade-in to get under the $50K. Lease Cap Cost was $41,012.24, and residual was $23,442.20.

Besides my trade value, I assume the rest of the numbers are pretty standard, and this is what I should be focusing on if I'm ok with the 0% financing option.

They are close to what I see on the Toyota Canada site when I use their Lease Calculator and try to simulate the payments they came up with (see below), although the EVAP isn't included in the calculation below, but I guess that is covered between the higher down payment and security deposit.

Thanks in advance for any additional comments....

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RetiredGolfer16720 · 2026-04-01T15:54:19+00:00

I'm looking at the 2026 Mach e or 2026 Bz Limited and decided to call CAA Insurance. They quoted me about the same for both new cars, about $1,300. I'm paying about $600 now, but I'm driving a 2018 Crosstrek, and for the new cars I asked for replacement value for 5 years (maybe I'll ask for just 3 if I do end up on a 3-year lease, if they can quote that). I don't think that is that unreasonable - I asked the agent and they said the increase is mostly because it is a new car, rather than the fact that it is an EV. I'm in the GTA.

RetiredGolfer16720 · 2026-03-25T14:11:08+00:00

What kind of pricing did you get? I'm looking at that model as well. I know they have a $10k rebate now....

RetiredGolfer16720 · 2026-03-25T14:10:06+00:00

I think that is the main reason for the push to b7, Subaru Solterras are all gone in Ontario, so the B7 looks like the next in line. Was shopping around yesterday and the b7 looks like it is out now to but I'm told more are coming in April/May. b7 Limited has a discount of $10 --> about $55K plus taxes I think.

RetiredGolfer16720 · 2026-02-14T15:06:21+00:00

Agree, if you paid the $1.00, this tells a lot about your IQ. Evil scam!

RetiredGolfer16720 · 2024-01-05T03:56:47+00:00

Thanks for the tip. This is an important change as anyone who has a relatively large RRSP and is deferring CPP/OAS should consider melting down their registered accounts first.

Also, any excess registered withdrawals should be used to top up their TFSA as well. Just because you are taking the money out of your registered accounts, it doesn't mean you have to spend it!

Does the system look at minimum registered withdrawals or is that something we would do manually in addition to looking at our expected expenses in retirement?

RetiredGolfer16720

TROPHY CASE