Lease

Why Should you Lease?

If you enjoy driving a new vehicle every two to four years, want lower monthly payments, & warranty that cover your ownership term, then you should consider lease as an option.

What terms are available?

Lease terms are usually 24, 36 48 or 60 month. Of course, our term has a direct connection to your payment, but sometimes, shorter terms can lower your payment, depending on the vehicle.

What are the Up Front costs?

Leases do not usually require a down payment. All you pay when you take the vehicle is the first payment (which includes taxes) and the lien registration fee, which is nominal. You can always put money down to lower your payment, should you choose.

How far can I drive it?

A standard lease is 24,000 kilometres per year. A low kilometre is 20,000 kilometres per year and will have a slightly lower payment. You can adjust the lease to accommodate 30,000 or even 36,000 kilometres per year, should you be a higher mileage driver.

What about the Future Value?

The future value, or residual, is determined by the lease company (Usually Honda Canada Finance). The residual value is guaranteed, so at the end of the term, if there is negative equity, you can just turn it in and take a new one, or walk away. If there is equity, you can buy it for the residual value, and we can help you with the financing. If you want a new vehicle, we can apply the equity to your next vehicle.

What if I have an accident?

One of the biggest advantages of leasing is no charge GAP insurance. If your vehicle is an insurance write off, then you just notify us. There are no worries about negative equity because you are insured against it. Just come in and get a new one! If you have a major accident, and it is repaired, it won’t affect your residual. You turn it in at the end of the term. The residual is guaranteed.

Extended Warranty

You can add Honda Plus to your lease, to ensure that you have warranty until the end of your lease term.

OUR FINANCE TEAM

Every customer gets a quality and VIP experience that they deserve. We believe in total transparency, so you can be confident about your purchase with us. You dictate the car shopping experience by seeing our dealer cost and determine a mutually agreeable profit margin. We DO NOT have any documentation fees, security fees or hidden charges. Our family-friendly business is committed to providing the highest customer satisfaction possible without any hassle or stress.

GREG FLOM / GENERAL MANAGER

What do I do for fun? Hiking or fishing with family. Taking my Harley up to Waterton.

NEIL BREES / GENERAL SALES MANAGER

What do I do for fun? Spending time with my family. Playing Golf whenever I get the chance.

LESLIE PARADEE / FINANCE MANAGER

What do I do for fun? Taking trips with the family or going out with friends.

JASON LOGAN / JR FINANCE MANAGER

What do I do for fun? Spending time with family & friends. Golfing if I get the chance.

OUR LENDERS

With a broad variety of lenders and access to even more financing options, we can help you get into a nicer newer vehicle today.

OUR MISSION

As Lethbridge's Dealer for the People our mission is to help everyone, regardless of past credit mistakes, into a nicer newer vehicle today!

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CONTACT US

OUR LOCATION

3405-2nd Avenue South

Lethbridge, AB, T1J4V1

Canada

CONTACT US