Email Us 104 Elvira Street, Kemptville, ON, K0G 1J0, Canada
Dealership hours of operation
Mon - Thu 9:00am - 8:00pm
Fri 9:00am - 6:00pm
Sat 9:00am - 5:00pm
Sun Closed
Dealership hours of operation
Mon - Thu 7:00am - 7:00pm
Fri 7:00am - 6:00pm
Sat 8:00am - 4:00pm
Sun Closed
Dealership hours of operation
Mon - Thu 7:00am - 7:00pm
Fri 7:00am - 6:00pm
Sat 8:00am - 4:00pm
Sun Closed

Lease vs Finance

DO I LEASE OR FINANCE?

Which one is right for you?

Many people are discovering the benefits of leasing at MYERS ORLÉANS CHEVROLET BUICK GMC such as having lower monthly payments,
driving a vehicle more often and enjoying the latest technologies just to name a few.

But, is leasing right for you??

WEIGH YOUR OPTIONS

LEASE

Leasing offers affordable payments with shorter terms

This lets you…

  • Consider vehicles with more options
  • Choose your desired trade cycle
  • Have peace of mind since most terms are within the warranty period

You have options at the end of you lease

If the vehicle is worth more than the residual value

  • Exercise your purchase option and keep it
  • Exercise your purchase option and apply the equity to the next vehicle

If the vehicle is worth less than the residual value

  • Drop off the keys and walk away (subject to any excess kilometres or wear-and-tear charges)

BUY

Conventional loans typically require longer terms to achieve affordable payments

This keeps you…

  • From trading into a new vehicle sooner
  • Driving the same vehicle longer even when you are ready to trade

Conventional loans have obligations when you trade

  • The owner must find a buyer
  • The owner assumes all of the risk for unexpected depreciation
  • The vehicle’s condition, mileage, and wear and tear will be a factor in assessing the total value of the vehicle
  • The owner must satisfy the loan balance regardless of the vehicle value

CONTACT US

LEASE EXAMPLES