16830 107 Ave, Edmonton, AB T5P 4C3

Finance vs Leasing: Which is Better?

What are your goals? We all have different priorities—in cars, life, and finances. When deciding on leasing vs. financing, what's right for one person can be totally wrong for another.

Generally, leasing offers lower monthly payments than financing, as well as the benefit of owning a new car every two or three years. However, financing offers its own set of advantages.

Luckily, we have a team of finance experts who are happy to help you find the best option for you. Call 877.489.9569 to book a free consultation.

Is leasing better for me?

You Want

To drive a new car every two or three years

Lower monthly payments

The latest safety features and a car always under warranty

You Don't Mind

Trading in or selling used cars privately

Building ownership equity

You Have

A stable, predictable lifestyle

An average number of miles to drive

No problem properly maintaining your car

If this sounds like you, then leasing may be the best option for your needs

Is financing better for me?

You Want

To build up trade-in or resale value (equity)

Complete ownership of your car

The feeling of being payment-free after paying off your loan

The freedom to customize your car

To drive your car for a long time

You Don't Mind

Unexpected repair costs after your warranty has expired

Higher monthly payments

You Have

To drive more-than-average miles

Possible lifestyle changes in the near future

If you prefer to own your vehicle outright, and plan to own
for the long-term, then financing will be your best option