Do I Buy or Lease a Car in Toronto, ON? Count on Real Advice Here

The Globe and Mail has claimed that “leasing a car is the worst financial option for most individuals” (http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/leasing-a-car-is-the-worst-financial-option-for-most/article551390/) due to the fact that most people will keep a financed car longer than the 2-4 year typical lease cycle, with the average ownership of a first vehicle clocking in for Canadians at about 9.2 years.

It can be difficult to assess which option is best for you, and that’s why here at Somerville National Leasing and Rentals Ltd., we firmly believe that it’s important that you have options: whether to lease a car, finance your vehicle purchase or pay for a used car in cash (which is what the Globe and Mail asserts as the best possible financial move for most looking to upgrade or replace their current vehicle).

We understand that to lease a car, you need to be completely certain that this is the best possible arrangement for you financially, and it’s not for everyone. Our dealership is here to help walk you through the different options and find a lease or financing vehicle deal on the best vehicle to suit your lifestyle. We even have an easy, online pre-approval process to get your started today.

Just taking a quick look at our used car inventory or our no-obligation financing options will help give you a sense of what we are all about, and we look forward to the possibility of helping