When leasing, it is very important to not only understand the concept, but the full details of the lease at the beginning, during the term, and at the end. Flexibility and complete disclosure of the terms play a vital part of whether a lease is best for you.

You have likely heard "leasing provides a better tax write off" or "leasing is more expensive".

For most businesses leasing can provide a less costly alternative even to paying cash up front. Our commercial sales team will help you understand some simple dynamics of leasing and guide you to the right track for you.

Leasing's Advantage over Financing

When financing any new vehicle, in virtually all cases the minimum required down payment would be no less than the taxes due on the vehicle at delivery. You would be left with an outstanding balance equal to the original cost of the vehicle. When leasing any vehicle, taxes are not due up front so if you use a down payment equal to the up front tax amount, the outstanding balance will be reduced by that same amount.

This means, the amount both financed and any point there after will be considerably less, an advantage to leasing.

Work Truck Canada offers several leasing and financing options:

• Transportation Leasing
• GMAC
• First Canadian Financial: GE Capital
• PHH
• Custom Auto Rentals Services (CARS)
• Lease Line
• Travellers
• Wells Fargo
• Patron West

Further information on leasing and financing is available by contacting