Lease or Buy: Which is right for you?

When you buy, you pay for the entire cost of a vehicle regardless of how many miles you drive it.

When you lease, you pay for only a portion of the vehicle's cost, which is the part that you "use up" during the time you're driving it.

Each has its own advantages & disadvantages.

Here's our best 10 second advice for LEASING vs Buying:

  • Do you tend to trade in your cars every few years?
  • Do you own your own business?
  • Would you rather invest your money?
  • You are not willing to own a depreciating asset?


Newport Leasing Limited

2377 Fairview Street
Directions Burlington, ON L7R 2E3

  • Sales: (905) 637-5208


  • Monday - Friday 8am - 5pm
  • Saturday - Sunday Closed