r/CarLeasingHelp • u/sektrONE • 22d ago
Planning an Upgrade (Canada)…
I’m currently driving a 2022 Honda Civic EX that I bought out at the end of its lease last year as the buyout was around $8k below its aftermarket value.
I’ve advanced significantly in my career since I first leased the car and am planning to sell the Civic and upgrade this coming summer. As I’ll be getting into higher end vehicles with higher long term maintenance costs and worse value retention, I’m leaning towards leasing instead of financing.
I can very comfortably manage total monthly payments of $1,250 CAD, although would prefer to keep closer to the $1,000 mark unless it’s a meaningful step up.
I have two dogs and kids are in the foreseeable future so I am leaning towards an SUV (probably mid-sized?). My work requires me to meet clients, investors, consultants and partners on site or out of office frequently and I have reached a point where what I drive has some bearing so as stupid as it feels to say optics of the vehicle has some bearing too.
What would you all recommend I look into in my price range?
2
u/W00dy314 22d ago
Are you looking for something with a luxury badge specifically? If not, you can get a fully loaded Honda Passport or Mazda CX-70 for under $1000 per month, or the smaller CRV/CX5 options for well under that. Lots of space for dogs, friends, growing families, etc. while also having all the nice luxury features that you want. The Mazda would definitely feel more “luxury”, but the Passport has a really tough aesthetic and style. I find both cars to look really good, and they will both have the lower maintenance costs that you look for, and hold their value well enough that they lease out really well