Request-A-Deal

Looking for Info/advice on purchasing/leasing a car

  • Last Updated:
  • Jun 30th, 2016 8:42 pm
Newbie
Dec 14, 2015
8 posts
1 upvote
Nepean, ON

Looking for Info/advice on purchasing/leasing a car

Hi,

I am a small business owner. My car is on the fritz and I need a new one. I am debating between Hyundai and Honda. I would like to know for a small business owner is it better to lease or own a car? Secondly, what kind of deal should I be looking at for one? I went in to both dealers today and was offered some discounts.

2016 Civic EX CVT = 60 month lease @ 148.87 BW. Mentioned something about $2000 off to make this bw payment possible?

Hyundai didn't offer ANYTHING. Elantra GLS BW @ $145.06 for 2 years.

Not sure what to do. I know I won't keep the car for more than 3 years.

***
What I want is a decent car to lease for no more than $300 monthly. Max 2/3 year
3 replies
Member
Dec 15, 2014
493 posts
803 upvotes
Vancouver, BC
You can write off the lease payments, while if you purchase you have to treat it as a capital cost. If you aren't keeping it long, then lease is the way to go. Between the cars, which ever one fits your need since you are going to return it after the lease anyways.
Member
Apr 23, 2010
230 posts
44 upvotes
Pickering
the civic isn't a good deal.. i got 310 monthly (12 payments) for the EX on 48 months

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