There are many benefits to leasing a car in Canada, not least of which is the fact that, for less money per month, you can drive the hottest cars on the market and know that you’re not losing money on a big investment. Since a lease involves paying for the portion of the vehicle’s value that is being leased, rather than the whole vehicle, monthly payments are normally 30% to 60% lower than a purchase loan for the exact same vehicle.
Driving the newest and best cars is simply not in the budget for most people, but since leasing requires no down payment, it can be much easier to drive that luxury car that you have always wanted. Leasing also means that there is no need for a high, up-front cash outlay, allowing you to always drive the most cutting edge cars without going broke.
Getting a lease on a vehicle is a great way to try out new and exciting cars, like the latest luxury vehicles (which make you look incredibly cool) or the latest electric or hybrid vehicles (which save you lots of money on fuel). Leasing also means that there will be fewer headaches related to maintenance since most people lease for the length of the warranty term, and in Canada, there is no sales tax you’re required to pay on the entire value of the vehicle being leased – another two ways leasing saves you trouble and money. Many cars that are leased even automatically include free gap protection as well so in the case that a leased car is totalled, in an accident, or stolen, there is ample coverage for any loses.
You might be wondering what happens once your lease ends – well, once you’re ready to move on to another vehicle, there is no hassle of having to get rid of the "old" car. You are free to try the next new and exciting car that intrigues you. When the lease is terminated, the vehicle simply needs to be returned to the leasing company – one and done.
It's helpful to have a representative on your side that knows the ins and outs of leasing, that know all about the pricing details, as well as servicing, warranty, and repair information. It is also great to not have to deal with finance companies, and it is much less complicated. The very best companies that lease vehicles, like the kind you’ll find when you visit the AUTO ONE Group website online, are the ones that have their own financing departments; it is convenient and usually more budget-friendly to go through them rather than an outside source. They can also offer better deals such as low competitive rates, terms up to 72 months, and customized financing options.
Opting for a lease makes it easy for people to always drive the most cutting edge cars. Leasing a car in Canada is a smart move, and makes it easier to get behind the wheel of a car that you actually want to drive, and be seen driving. This winter, ditch the old beater and step into the future by leasing a brand new car.