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Why Consumers Lease Their Cars Lower Monthly Payments Because you're only paying for the portion of the car or truck that you actually use, your monthly payments are 30%-60% lower than for a purchase loan of the same term. More Car, More Often Since your monthly payments are lower, you'll be able to get more car for the same money and drive a brand new vehicle every two to four years, depending on the term length of your leases. Fewer Maintenance Headaches Most people like to lease for a term length that coincides with the length, in months, of the manufacturer's warranty coverage so that if something major goes wrong with their car, it's always covered. Lower Upfront Cash Outlay Most leases require little or no down payment, which makes getting into a new car more affordable and frees up your cash for other things. However, you can choose to make a down payment to lower your monthly payment amount. Lower Tax Bite In Canada, you don't pay sales tax on the entire value of a vehicle when you lease. You're only taxed on the portion of the value that you use during your lease. The tax is spread out and paid along with your monthly lease payment. No Used-Car Hassles With leasing, the headaches of selling a used car are eliminated. When your lease ends, you simply turn it back to the leasing company and walk away, unless you decide to buy it or trade it. GMAC SmartLease Provides significant advantages over many leases that are available from other automakers, car dealers, financing companies, credit unions and banks. Helping you understand what you're paying for is important to us. You are provided with a detailed, step-by-step review of the vehicles final cost, down payment, cash or rebate amounts, and the lease charges involved so you know how your dealership arrived at your monthly lease payment Flexibility For those with special kilometer needs, Edmonton Motors Ltd. offers a variety of options, including low kilometer lease (20,000 kilometers per year), a standard kilometer lease (24,000 kilometers per year) and the ability to purchase additional kilometers at lease inception. Not to mention being able to amend your lease if you find you are driving much more than expected. Unique Features Edmonton Motors Ltd. offers a variety of lease terms designed to meet your needs. We offer 24, 36 and 48-month leases for both new and used vehicles.
WE CAN HELP YOU MAKE THE RIGHT DECISION
For more information contact Gerald Ostlund Leasing Manager 780.482.5771 ext: 7824 Toll Free 1.877.482.5771 Email Leasing Manager |
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