Leasing
If you like driving a new vehicle every few years, leasing could be right for you.
The benefits of leasing
When you lease a new eligible Buick or Cadillac:
- You get to drive a new vehicle more often
- You don't have to worry about resale or trade-in hassles
- You are only paying for the portion of the vehicle's value that you intend to use
How leasing works
When you buy a vehicle using traditional financing, monthly payments are based on the whole value of the vehicle plus interest.
When you lease a vehicle, your payments are based on the portion of the vehicle you expect to use (plus interest) over the lease term, which can range from 36 to 48 months.
Leasing fine points
When you lease a vehicle you do not own the vehicle and therefore it is likely to have certain restrictions. For example:
- You may be obligated to fulfill certain maintenance requirements
- There may be restrictions on the kilometres you can drive
- And at the end of your lease term when you return the car, you may also be charged for any excessive wear and tear
For more information on leasing, visit your local Cadillac or Buick Dealer or contact us directly and speak to one of our customer care representatives on our Live Chat .
With leasing, the lessee does not own the vehicle. It must be returned to the GM Dealer at the end of the lease. The lessee may choose to purchase the vehicle for the Option to Purchase Price stated at lease signing.
Taxes, duties, license, fees associated with filing at movable property registery/PPSA administration fees (if any), insurance extra. Payments may be slightly higher or lower in some provinces. (Dollar amounts subject to change.) Transactions are subject to Financialinx approval.
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