Many people choose to lease their vehicles for a perceived tax advantage or as an alternative to financing for whatever reason.

Leasing in general terms is an agreement for the use of a vehicle for a pre-determined period of time, usually between 24-48 months. You simply pay for the use of the vehicle and may have a deferred buyout, or residual value, at the end of your lease which you may be responsible for. You may choose to buyout the vehicle at the end of your lease or finance the buyout or simply return the vehicle should your contract allow.

All leases are different in structure. For example there are closed or open end contracts.
Closed means you have the choice to buy out the vehicle, and open means that you must buy the vehicle at the end or guarantee the end value. As with any contract you must look at the total cost to determine if leasing is right for you.

In summary whatever your leasing requirements are, autoway.ca can accommodate you. The residual guide calculator will calculate lease payments based on the rate and residual percentage that you enter for any vehicle.

Should you have any questions or comments please do not hesitate to contact us at info@autoway.ca or call us at 604 929 2277 for personal service.