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,
and we would be happy to answer any other questions you may have!
To view our full list of
inventory visit our website
1 866 950-9178
