Lease Department

Edmonton’s Trusted Source for Consumer and Commercial Open-End Leasing

Buying vs Leasing a Vehicle

Buying a new car isn’t the only way to get a new ride. Leasing offers an alternative that usually includes lower monthly payments. Though it was once reserved for corporate or luxury customers, leasing is now available to any automotive buyer who has good credit. It now accounts for a large percent of all new or used automotive sales, due to the high average price of new vehicles and the changing buying habits of Canadian consumers.

Whether you choose to buy a premium used vehicle with cash, finance your purchase, or lease, you’ll find that Luxur Fine Cars of Edmonton is equipped to offer Consumer and Commercial Open-End Lease Programs.

For both individuals and companies all over Edmonton, leasing rather than purchasing a car or truck can make a lot of sense. With an open-end lease, you have the ability to change vehicles every few years depending on the term of the lease. And when you lease, the upfront costs are considerably less compared to purchasing the same car, truck, van, or SUV.

These are just two of the many benefits that an open-end lease provides you.

Apply today!  If you have any questions, contact us anytime and find out why an open-end lease could be the right funding option for you!

Consumer Open-End Lease Programs

An Open-End Lease can be a smart alternative to financing a vehicle, in fact, there are quite a few benefits. When you lease a vehicle, the down payment may be considerably less compared to financing the same vehicle for the same term, which leaves you with more cash on-hand. The low monthly payments of a lease may also allow you to get behind the wheel of a luxury or exotic vehicle. The following protection productions can also be incorporated into your lease:

   check mark Life Insurance

   check mark Disability Insurance

   check mark Loss of Employment Insurance  

   check mark Total Replacement Coverage (GAPrs Insurance)

   check mark Mechanical Breakdown Protection (incl. 24-Hr Roadside Assistance)

These are just three of the many benefits an open-end lease provides you.

Consumer Open-Leasing Benefits:

check mark Fast applications process/Same day approvals

check mark Competitive lease rates available

 - Cash Flow:

check mark Conserve cash flow and credit lines

check mark Low monthly payments

check mark Reduce cash requirements during term

check mark Pay tax only on the monthly payment

check mark Avoid paying interest on tax

- Automotive:

check mark No annual mileage restriction

check mark No end of term "Wear & Tear" penalties

check mark Eliminate downside of depreciated future value

check mark Allows you to lease higher-end vehicle

- End of Term Options:

check mark Predetermined & flexible residuals

check mark Utilize equity as a trade-in
check mark Payout or re-lease vehicle


APPLY NOW

Commercial Open-End Lease Programs

For many businesses in the Edmonton area, it makes more sense to lease their commercial vehicles and equipment than purchase them outright. Your business is going to grow and as it does your needs are going to change. When you lease your commercial trucks, vans, and other vehicles, you’re going to be able to upgrade your vehicles every few years (depending on your lease term). There are also a host of financial benefits to commercial leasing.

 

Types of assets we can lease:

  

   check mark  Cars & Trucks    check mark  Trucks (over 1ton)
   check mark  Semi Tractors & Trailers    check mark  Welding Skids
   check mark  Cranes/Picker Trucks    check mark  Skidsteers
   check mark  Forklifts    check mark  Resaurant Equipment
   check mark  Farm Equipment    check mark  Trailers (cargo, flat deck, dump, ect.)
   check mark  HD Machinery (loaders, excavators, dozers, etc)    check mark  And much, much more...

Some industries we currently serve:

   check mark Professionals                                    check mark Transporation

   check mark Construction                                     check mark Oil & Gas

   check mark Production                                        check mark Agriculture

   check mark Forestry                                            check mark Restauruant

Commercial Open-Leasing Benefits:

check mark Fast applications process/Same day approvals

check mark Competitive lease rates available

- Cash Flow:

check mark Conserve cash for acquisitions

check mark Low monthly payments

check mark Leaseback Sales to generate cash

check mark Reduce cash requirements during asset life

- Balance Sheet:

check mark Keep asset/liability off your financial statement

check mark Comply with key rations from lenders

check mark Structure lease in company name solely (OAC)

 - Income Tax:

check mark Deduct up to 100% of lease payments

check mark Pay tax only on monthly payment

check mark Avoid paying interest on tax

 - Auto/Equipment:

check mark Prefers to use asset vs ownership risk

check mark No annual mileage restriction

check mark Ability to upgrade frequently

- End of Term:

check mark Predetermined & flexible residuals

check mark Utilize equity as trade-in

check mark Payout or re-lease asset



APPLY NOW

Luxur Leasing

Luxur Leasing is a division of Luxur Fine Cars of Edmonton which offers consumer and commercial open-end lease programs for new and used vehicles and equipment that are not part of our inventory. We are now able to offer a finance service to our clients for private sales and 3rd party vendor sales as a leasing brokerage.

Luxur Fine Cars is a Member in Good Standing and Affiliated Group of Companies below: