Car Leasing Facts
If you are the type of owner who changes vehicles frequently, and want to tie up less money when you do, then leasing may be a good option for you. In many cases leasing provides a more manageable payment than conventional bank financing and will allow you to change vehicles more frequently. Depending on the structure of the lease, and your type of employment and income situation there may be some significant tax advantages to leasing also. There is often partial or complete tax relief with this type of acquisition. Company of Cars works with several major lease companies like WS Leasing, and Envision Leasing as well as specialty boutique lease providers that tailor their solutions to the unique needs of new immigrant applications and international student applications.
We offer representation in English, Mandarin, Korean, and Punjabi. In almost all cases we offer new and used vehicle leasing and will always let you know if we think it’s best to take advantage of a manufacturer’s subsidized posted rates or better residual values. Leasing also allows for a great deal of flexibility and a variety of options when you are acquiring a vehicle. You will usually have a range of down payment options, terms (24-60 months) and the choice of either an open or closed ended lease. Depending on credit, the lender may also increase or decrease residual values to lower your payment, or increase the amount of equity at the end of your term.
If you would like to learn more about leasing from one of our experienced Financial Service Representatives then please call today or simply fill out one of our online credit forms and a Company of Cars representative will get back to you within 24 hours. Company of Cars is looking forward to discussing your options with you and earning your business. Visit our leasing and financing page for more information.
