Financing and Leasing

Financing and Leasing available at 

Pioneer Motors Langley

What is the difference between leasing or buying?

 

Leasing and financing are two ways of getting a vehicle 

you want on a monthly payment plan. 

 

The differences between the two is that with financing, 

you are taking out a loan in order to purchase the car 

and making payments to a financial institution that provided you 

with the loan (plus interest). Eventually, you will have the loan paid off 

and own the car outright. But, while paying off the loan, 

any value of the car belongs to you after the loan amount is paid off.

 

With a lease, you do not own the car and you are not paying it off. 

You are paying a monthly fee to a leasing company for the privilege 

of driving the car. Most leases have the option to purchase the car 

when the lease term is up (if you want to do so). Also, the lease 

most likely has certain terms that include the length of the lease 

and how many kilometers you can put on the car during the lease term.

 

For more information on purchasing or leasing a vehicle, 

please contact one of our friendly sales staff at Pioneer Motors Langley 

and we would be happy to answer any other questions you may have!

 

To view our full list of inventory visit our website

www.pioneermotorslangley.com

1 866 950-9178