During the leasing period, you can end the contract at any time by returning the vehicle to the merchant. However, doing so usually means the merchant will make a claim for damages, often for several thousand dollars.

This practice is called "termination". It means you are ending the contract, but you will not be refunded for past paid leasing months.

Fees that cannot be charged by the merchant

The merchant cannot keep the security deposit. This deposit is fully refundable at the end of a lease, unless it was used to fulfill a late payment.

Moreover, the merchant cannot charge you for:

  • cleaning fees to put the vehicle back up for lease or sale;
  • towing services that you did not request;
  • fees to transport the vehicle to an auction sale;
  • sale and commission fees for an auction sale.

None of these fees arose due to the cancellation of the contract. The merchant would have had to meet these costs in any case at the end of contract.

When you return a vehicle before the end of your contract, the merchant generally submits a negative review to your credit file.

Balance of the leasing contract

You can use a calculator (in French only) to determine the balance of your leasing contract (the remaining amount you have to pay). 

Top of page

Last update : August 8, 2019

Were you unable to find an answer to your question? Please call us.

The information contained on this page is presented in simple terms to make it easier to understand. It does not replace the texts of the laws and regulations.