Festival City Motors Ltd. Stratford Ontario Canada - Perth County - Used Trucks - Used Pickups - Used Diesel Pickups - Used Fords - Used Chevs - Used Dodge

Festival City Motors

LEASE TO OWN

 

A great option for our commercial and self employed clients is LEASE TO OWN, often referred to as open ended lease. This is not your traditional lease program.  Since you are leasing to own, there are no mileage restrictions on this lease.  What does that mean for you?  You are free to go about your business without the worry of going over your mileage limit, going over these limits can prove to be quite costly.  The limits set out for you in traditional leasing can be quite low, of course you can purchase extra kilometers but I never know how far I am going to drive in a year for my personal vehicle, how are you to know how far you are going to drive for your business?  

The lease companies we use understand business and know that in business time means money!  

For our typical client, the process is easy.  You see a vehicle you need for your busniess, test drive it, complete the credit application.  We submit the application, get the vehicle certified, and ready for pickup.  You sign all documents here in our office and you are on your way.  

FEQUENTLY ASKED QUESTIONS ABOUT LEASING

 

LEASE VS BUYING?

When a vehicle is used for business purposes, leasing is often the preferred choice.  Open end lease doesn't tie up your lines of credit and other financing resources for aspects of your operation.

LEASE VS. FINANCING

Lease offers greater flexibility.  You can choose your lease term ranging from 12 to 60 months.  Typically, 36 or 48 month term, however, if 27 or 42 months suit your needs, that can be arranged. 

CAN I BUY MY LEASE OUT EARLY?

Certainly, just give us a call and arrangements can me made.  

CAN I EXTEND MY LEASE?

As long as your lease is in good standing, you certainly can extend your lease. 

 

For more details on leasing, give us a call 519-271-2651 or EMAIL