Purchase financing is an installment sale transaction between you and your dealer whereby you agree to pay the amount financed, plus an agreed-upon finance charge, over a period of time.
Generally, if you plan to drive your vehicle for more than just a few years, you consistently drive well over 24,000 kilometres a year, you subject your vehicles to rough treatment, you plan to alter the vehicle's appearance or if you feel more comfortable with the idea of "owning" a vehicle, purchase financing is probably right for you.
A quick look at the advantages of buying:
