Case name

Vehicle Lease Buyback Fees

Quebec Superior Court file #

500-06-000989-190

Violations

This class action seeks the reimbursement of the amounts that Quebec consumers paid to exercise their conventional option to purchase their vehicles at the end of their lease (commonly referred to as a “buyback”) that were not precisely indicated in the contract, in violation of sections 12 and 228 of Quebec’s Consumer Protection Act, as well as punitive damages for the exploitation of consumers;

The Leasing companies named as Defendants are:

  1. Mercedes-Benz Financial Services Canada Corporation (Mercedes-Benz, Smart and Daimler)
  2. GM Financial Canada Leasing Ltd. (Buick, Cadillac, Chevrolet, General Motors and GMC)
  3. SCI Lease Corp. (Alfa Romeo, Chrysler, Dodge, Fiat, Jeep and Ram)
  4. Compagnie de Gestion Canadian Road / Ford Credit Canada Leasing (Ford and Lincoln)
  5. Honda Canada Finance Inc. (Acura and Honda)
  6. Toyota Credit Canada Inc. (Lexus, Scion and Subaru)
  7. Canadian Dealer Lease Services Inc. (Hyundai, Jaguar, Kia, Land Rover, Maserati, Mazda and Volvo)

Proposed Class

All consumers who had a vehicle lease agreement with any of the Defendants and, since March 14, 2016, paid a fee to exercise their option to purchase their vehicle (“buyback”) at the end of their lease which was not disclosed in their lease;

Remedies sought for consumers

  1. Reimbursement of the whole of the administrative fees charged for exercising the option to purchase that was not disclosed in the lease (which can be as high as $1000 plus taxes); and
  2. Punitive damages in the amount of $100.00 each.

Status

Pending Authorization hearing

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