FINANCE OR LEASE A JAGUAR IN Richmond

Now that you’ve found the Jaguar vehicle to add a little extra elegance and excitement to every drive, the next step is picking a financing solution that suits your lifestyle. One of the questions we hear most often is: Loan or lease, which is best? Let’s take a look at why a lease may be the better option for you.

FINANCING OR LEASING: WHICH IS RIGHT FOR YOU?

Everyone has different needs when it comes to their Jaguar vehicle and that is why we offer you options when it comes to financing and leasing your next vehicle. Financing gives you long term ownership value and at the end of your financing term the vehicle is yours. While leasing allows you to upgrade and start a new lease when your term ends.

For those who want ownership, choose to finance. For those who want to upgrade more frequently, leasing may be for you.

Reasons to Lease a Jaguar

You never have to pay the tax on the entire car, just the part you use. (i.e. $12,000 residual saves $1,560 in taxes).
With strong residuals, there is a chance that the car won’t be worth what the LEV is pegged at, and that is depreciation the customer doesn’t have to pay, because they can walk away. This is especially true of vehicles at the end of their model cycle.
It allows you the opportunity to reassess your purchase at the 36 or 48 month mark. If you are still happy and the car fits your needs, then exercise the option to purchase, or look at something new that starts with a new warranty again.
In the event that you are in a collision, you won’t bear the brunt of additional depreciation caused by disclosure of that accident, again you can just walk away.
In most cases, you will be out of the car by the time the more expensive services (80,000 km service) and non-warranty items start to cost you money.
Versus purchasing, you can afford more car, and the extra cost of more car only costs 50% because the other half is residualized.

Some people are skeptical because they think there are hidden costs associated with leasing a vehicle. However, with full disclosure as mandated by the law, you can see that there are no hidden costs or additional expenses that you aren’t aware of. You’re guaranteed a transaction that’s based on honesty, transparency, and trust.

Anyone will tell you, if it appreciates you should own it, and if it depreciates, you should lease it. For more information, feel free to speak to one of our financing experts today.

START YOUR VEHICLE FINANCING AT JAGUAR Richmond

You can start your journey to a Jaguar vehicle today by filling out our easy credit application, phoning us at 604.273.6068, or contacting us! After that, our sales team will reach out to you to continue your application.