Yes, international students in Canada can lease a car under certain conditions.
EligibilityEnrolled in an accredited program, including a 4-year university, nursing school, police or military school or Community College
Valid Driver's LicenseInternational students must have a valid driver's license from their home country or an international driver's license to drive in Canada.
Study Permit Validity It's important to ensure that the lease period aligns with the duration of your student visa.
DocumentationCopy of student visa, Valid driver's license, Proof of enrollment at an accredited Canadian institution.
Proof of income Proof of full-time employment and income, proof of monthly income sufficient to cover current obligations, expenses, and vehicle payment.
Credit HistoryNo Adverse credit history is required, but some car dealers may ask for it.
Lease Term and MileageChoose a lease term and mileage limit that align with your study period and anticipated driving needs.
Insurance Coverage Arrange auto insurance that meets the leasing company's requirements. Insurance costs may be higher for international students, so shop around for competitive rates.
Maintenance Responsibilities Understand your responsibilities for vehicle maintenance and repairs during the lease term.
Early TerminationBe aware of the penalties and costs associated with early lease termination, as study plans may change unexpectedly.
Return Condition Familiarize yourself with the car's condition when returning it at the end of the lease term to avoid excess wear and tear charges.