ProGroup has a selective
and independent approach to leasing.
We are not an automobile leasing
company. This policy affords us the opportunity to be completely
objective when arranging the lease, providing our customers'
with the best deal possible. We have an affiliation
with national leasing companies across Canada . This enables us
to offer national fleet rates at competitive prices and flexibility.
Leasing vs Buying a Vehicle
When you buy a car, you pay for the entire
cost of a vehicle. When you lease a car, you pay for only a portion of
the vehicle's cost, which is the part that you use during the time
you are driving it. In other words, you are paying for the depreciation
on the car. At the end of the lease, you either turn the car back
over to the leasing company or purchase it for a pre-determined
amount (residual value).
Our main business objective is to keep the cost of
your vehicle as low as possible.
Terminating a lease before it's up can be extremely costly. Read
the fine print of the lease and make sure you understand all the
terms. Putting more miles on the car than the lease allows can cost
you big money, since you will pay so much per km for every km driven
over the allowance. It is very important to negotiate the lowest
capitalized cost or lease price of the vehicle you will be leasing
because your payments are based on this cost. It is Pro Group's goal to keep the cost of
the vehicle as low as possible.
Should the manufacturer offer special lease programs, ProGroup can obtain these special rates for our
customers. It is important to Contact
Us before signing any lease, as we will make sure you
are getting the best package available.
Five Reasons to Lease Your Next Vehicle
- Lower monthly payment. Because you are
not purchasing the vehicle, only paying for the use of it, monthly
payments can be 35-55% lower than if you purchased.
- Lower tax responsibility. You are only taxed the monthly payment.
Not only this, but the tax is wrapped into your monthly payments
so you are not paying the taxes for the vehicle all at once.
- Tax Deductible. If you use your car for your own business, or
even to do the job someone else hires you for, some of the leasing
costs may be tax deductible.
- New cars more often. Lease terms generally run between two and
four years. This means that you opt for a different vehicle at
the end of your lease.
- Lower Maintenance Cost. If you get a lease that covers the same
time as the manufacturer's warranty, most of the repairs will
be covered by warranty, which means less maintenance costs for