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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Wed Aug 09, 2017 2:42 pm 
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Joined: Fri Jun 02, 2017 9:38 am
Posts: 67
TheBoss wrote:
From what I understand; Here in Canada, they dont apply any provincial rebate at the dealer.
You must pay the full price and deal with the Gov for your rebate.


Nope. My dealer applied a $12,389 discount before tax. That's the $14,000 government rebate that the dealer will handle on their own.

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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Fri Aug 11, 2017 7:20 am 
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Joined: Fri Aug 11, 2017 7:05 am
Posts: 52
Location: Windsor, Ontario, Canada
Hi there,...

I too put my deposit down last friday, and planning on leasing for 3yr,... My hope is that in 3 years they will come out with a e-Golf sportwagon version,... I went for the golf over the i3 or bolt mainly for storage capacity... have the storage capacity of the sportwagon would be even better!

Eitherway,... Zeuser, did you have bargain with the dealership to get that incentive applied on the MSRP? I was told I'd have to wait, put the money in a savings account to use for my payments...

My plan was to put enough of a down payment down so that payments would be less than $300 a month. But as it sits right now, the payments are closer to $600 a month without the incentive... So it looks like I'll have to carefully manage my money until the incentive gets mailed to me :? Not a fan of this option... But I'll do it to get my hands on one of these...

I'm also afraid once the conservatives take over in next summers election (lets face it, its inevitable at this point), this incentive will be long gone :x or who knows.. maybe they'll come up with something better? :roll:

for what its worth, I'm going through the London Ont. dealership...

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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Fri Aug 11, 2017 8:45 am 
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Joined: Sat May 13, 2017 8:38 am
Posts: 44
Location: Toronto, Canada
One dealer I spoke to was willing to apply the rebate on the price of the car, and another was not....I guess it's hit and miss.


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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Sun Aug 13, 2017 4:14 am 
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Joined: Mon Aug 07, 2017 8:39 am
Posts: 10
I am in Ottawa and Myers VW in Kanata said no to apply the incentive at the dealer.

Anyone else had better luck in the area?


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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Sun Oct 29, 2017 3:00 pm 
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Joined: Thu Oct 12, 2017 2:30 pm
Posts: 22
For all those on 3 year leases hoping to trade up to a more powerful longer range egolf in the future, it won't happen.
The golf 7.5 will be the last model offering the egolf. The new I.D electric vehicle line up will roll out in 2020 in Europe only, NA will get another model on the same platform years later.

http://www.autoexpress.co.uk/volkswagen ... and-latest
*Egolf info is at the very bottom of the article*

http://www.greencarreports.com/news/111 ... now-so-far


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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Mon Oct 30, 2017 4:12 pm 
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Joined: Sun Dec 20, 2015 7:32 pm
Posts: 755
$206/month OTD, no other money changed hands. And that's with a 39%.

No trade in, no deposit, nothing.

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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Thu Feb 08, 2018 7:34 am 
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Joined: Thu Feb 08, 2018 6:53 am
Posts: 8
Many good posts and advise here. Not much to add but if you can write off your car for business purposes on your Income Tax, then leasing my be best option as per advantages many have described.

If you can't write off lease, then it could be budget constraint and leasing can provide lowest payment amount for frequency. However, you don't own the car and if you turn it in at end and release, then it's like you are just renting a car for permanent time. I personally don't like that concept and like to own all my cars over time. Not because they make you money as we all know values drop like a tank on cars.

However, I don't want to be making payments all the time and want my cars to last 8-10 years. Currently I have two ICE cars which we own completely and one is 10 years old now and the other is 4 years old. It's nice not to have to make payments especially when no matter what, you still have to fuel and maintain them. Until my maintenance costs (things other than consumables like oil changes/tires/brake pads) start hitting about $2k per year, then it makes no sense to have payments on a car that are $200 per month or more. At least that is my reasoning and everyone is different.

Hope this helps but in todays world, if you can afford to purchase finance for 3 year term, that is the idea situation for financial best-practise. Of course paying cash for it right away is the ultimate but few of us can do that. Ideally you want to keep your auto costs down the the whole life-cycle of the vehicle ownership and need to look at TCO overall.


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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Sun Feb 11, 2018 9:44 pm 
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Joined: Sat Jul 25, 2015 2:24 am
Posts: 729
Location: SoCal
arcticClover wrote:
For all those on 3 year leases hoping to trade up to a more powerful longer range egolf in the future, it won't happen.
The golf 7.5 will be the last model offering the egolf. The new I.D electric vehicle line up will roll out in 2020 in Europe only, NA will get another model on the same platform years later.

http://www.autoexpress.co.uk/volkswagen ... and-latest
*Egolf info is at the very bottom of the article*

http://www.greencarreports.com/news/111 ... now-so-far


While I can understand they want to focus more on China than the US, they can't ignore the US either if they still want to sell cars here. For one thing, they fall under CARB's "major manufacturer" definition and are thus obligated to meet CA's ZEV rules, or buy credits from someone else, or pay a fine. They also need to do their penance for dieselgate.

If it's true we won't get the ID for "years" after Europe gets it, VW will likely continue on with the old-platform eGolf after we get the Mk VIII. VW has long offered old-platform cars alongside new models in certain markets, including North America (more so in Canada and especially Mexico than the US). Because of that, I can see a future Mk VII/7.5 eGolf with Mk VIII styling cues.

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 Post subject: Re: Ontario, Canada Buying VS leasing
PostPosted: Mon Feb 12, 2018 6:03 am 
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Joined: Sat May 13, 2017 8:38 am
Posts: 44
Location: Toronto, Canada
Who knows what the truth is. This article says there will be a more powerfull longer ranger e-Golf in 2019....


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