Originally posted by Bullet:
The reason I'm looking at leasing is not only the lower payments, but also because it is a writeoff to me being self employed. I could work in an extra 60 k kms into the Hyundai lease for approx another $50 a month. Then the buyout would be 4200 with the same kms at the end instead of 7200 without the kms worked into the lease.
Understood, same reason I lease, not sure on Canadian law but I can either write off the payment (basically) or the mileage, I choose the payment myself since I don't drive much. 
50/month * 48 months = 2400 extra over the life of the lease.
Let's say you were to run 60k km's over your lease, then you'd pay 60,000 * 0.10 (not sure what you guys pay for mileage overages in Canada?) = 6000, much worse than the 2400 you paid on a monthly basis.
You have to run the numbers but I've never seen it come out cheaper to pay mileage penalties than to build the miles into the lease personally.
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