Lease a Car in Milton, Mississauga, Ontario
What is Vehicle Leasing?
Leasing a vehicle allows many drivers to get more car for less money each month. When leasing a car, you pay only the portion of the vehicle's value that you expect to use over time* plus an agreed-upon borrowing charge and applicable taxes.
Benefits of Leasing a Car
Many drivers find leasing a car to be an attractive alternative to buying a new vehicle. For those who enjoy having a vehicle with the newest features and drive a moderate number of miles each year, leasing offers the following benefits:
- Lease terms tend to be shorter than most finance terms, so you are able to drive a new car more often
- No trade-in obligations
- You pay taxes on your monthly payments rather than the total value of the vehicle
- Paying taxes on monthly payments alone means that you can drive a more luxurious model with more added features
- You only pay for the portion of the vehicle’s value that you intend on using
How Leasing a Car Works
By leasing a new car, truck, or SUV, you pay only the portion of the vehicle's value that you expect to use over the agreed-upon lease terms. These terms generally range from 36 to 48 months.
If you decide leasing is the best option for you, the professional staff at Wallace Chevrolet will help you every step of the way – from choosing lease terms and estimating monthly payments to driving off the lot in your new car.
For more information on leasing a car in Milton, Ontario, contact the team at Wallace Chevrolet.
*Additional charges may be incurred if you exceed your kilmetrage allowance or damage the vehicle. Please contact us for terms of the official lease agreement.