Leasing FAQ

For drivers who are new to the world of auto leasing, it’s not uncommon to have some questions about what the process entails. Fortunately, our team at Pfaff Leasing is comprised of leasing experts who are more than happy to answer all of your questions, ensuring you find the right vehicle for the roads of Toronto, Calgary, and beyond. Below, we answer a few of the most frequently asked questions like, “How do you lease a car, and what are the benefits of leasing over financing?”

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How Do You Lease a Car?

So, how do you lease a car? Pfaff Leasing makes the process simple and straightforward. Here’s how to lease a car in three easy steps:

1. Browse our latest inventory to discover a high-quality vehicle that meets the demands of both your budget and your Woodbridge drives.
2. Let our team go to work designing a lease agreement tailored to your needs.
3. Drive off our Woodbridge lot with a vehicle that checks every box on your wishlist. It really is that easy.

What are the Benefits of Leasing Over Financing?

Leasing comes with several distinct advantages over financing or buying your next vehicle outright. And just what are the benefits of leasing over financing? Explore a few perks:

• Enjoy lower monthly payments, as you only pay for the depreciation of your vehicle.
• Return your vehicle at the end of the lease term and upgrade to a newer model; you won’t be burdened with having to sell or trade-in your current vehicle.
• Drive a newer-model vehicle every few years, as lease terms are generally shorter than financing agreements, so no long-term commitment is required.

Can You Lease a Car With Bad Credit?

If your credit is less than stellar, you may be wondering if you can lease a car with bad credit. In most cases, you can, but you will likely be charged a higher interest rate and/or down payment. Contact us to explore your options.

Can You Lease a Used Car?

What about pre-owned vehicles? Can you lease a used car? At Pfaff Leasing, the answer is yes. You can lease a used car for more budget-friendly monthly payments. When you opt for a certified pre-owned model, you will have access to even more benefits, like:

• Certified pre-owned models are inspected by brand-certified technicians to guarantee the automaker’s rigorous quality standards are met.
• CPO vehicles are usually newer models produced within the last few years, and they have low kilometrage too.
• They may have extended warranties and other perks, such as roadside assistance coverage.

Lease Your Next Car at Pfaff Leasing

When you’re ready to start shopping for your next vehicle, contact us or visit our showroom to discuss your needs. In the meantime, feel free to continue your leasing research on our website. Let us get you into the car of your dreams without stress or hassle.