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Leasing your new vehicle offers some great benefits for the right person or situation.
What is leasing? Leasing is a finance option that allows the customer to pay for what they actually use. The payment is based on the estimate depreciation and a small cost of borrowing.
Leasing offers affordable payments with shorter terms
This lets you…
You have options at the end of your lease
If the vehicle is worth more than the residual value
If the vehicle is worth less than the residual value
Conventional loans typically require longer terms to achieve affordable payments
This keeps you…
Conventional loans have obligations when you trade
Our Finance Manager, Chris Halliday explains why a vehicle shopper may want to lease their next vehicle instead of purchasing. Watch and learn the benefits of leasing!
At the end of a lease, a customer can choose to:
Whereas a finance customer may still have to: