BRAMPTON CHEVY, BUICK & GMC LEASING

Gateway Chevrolet

Is leasing right for you?

Brampton Buick Leasing | Brampton GMC Leasing | Chevrolet Leasing Brampton | Gateway Chevrolet

Leasing is an option that allows you to pay for the portion of the vehicle's value you expect to use over a period of time, plus a borrowing charge and applicable taxes.

The benefits of leasing

  • Lease terms are shorter than most finance terms so you can drive a new car more often
  • No trade-in obligations
  • You can drive a more luxurious model or get more features You pay taxes only on your monthly payments
  • You pay taxes only on your monthly payments
  • You are only paying for the portion of the vehicle's value that you intend to use

How leasing works

When you buy a vehicle using traditional financing, monthly payments are based on the whole value of the vehicle plus interest.

When you lease a vehicle, your payments are based on the portion of the vehicle you expect to use (plus interest) over the lease term, which can range from 36 to 48 months.