Rate updates in Ontario

Since our last update on October 26, rate moves went in both directions. Toyota and Lexus raised most finance and lease rates by about 0.3 points, while BMW, Ram, Dodge, Mazda, Volkswagen and several GM models cut rates or added cash.

It was a quiet week for car shoppers in Ontario. Across the 831 trims we compared with last week, no existing finance rate, lease rate, price or incentive changed. Most of this week's changes were new trims added to manufacturer lineups, along with new financing and lease terms on the 2026 Mitsubishi RVR.

It was a quiet week for car shoppers in Ontario. Most manufacturers reset their finance and lease programs at the start of the month, and none of the brands we compared changed the rate on a term it still offers. This week's changes were in prices, trims and how long you can finance or lease for.