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-   -   Calgary vehicle leasing (https://britishexpats.com/forum/canada-56/calgary-vehicle-leasing-644906/)

jonoadams75 Dec 15th 2009 2:12 am

Calgary vehicle leasing
 
Hi to you all could anyone shed some light on any vehicle leasing companies operating in Calgary, and if there is any way of leasing if you are a new arrival from the Uk to Calgary .

many thanks

jon

R I C H Dec 15th 2009 2:55 am

Re: Calgary vehicle leasing
 
Many of the major manufacturers/dealers offer leases. Your biggest hurdle will be a lack of credit history.

jonoadams75 Dec 15th 2009 2:57 am

Re: Calgary vehicle leasing
 
Is there anyway around the credit issue as a newbe

R I C H Dec 15th 2009 3:04 am

Re: Calgary vehicle leasing
 

Originally Posted by jonoadams75 (Post 8174776)
Is there anyway around the credit issue as a newbe

Not really, though for expensive purchases such as a car or house, a large deposit helps to give the lender some security in providing a loan or mortgage.

I moved here to start a business, and secured finance for machinery, mortgage for property and a credit line at the bank, but it was during better economic times ('05), and I put over 50% down payment on most items.

I didn't lease a vehicle in the first 12 months, nor could I get a credit card for a year.

Butch Cassidy Dec 15th 2009 3:08 am

Re: Calgary vehicle leasing
 
Similar advice to R I C H,

I arrived march 2006, showed the Dealership my proof of funds, hit them with 40% cash deposit and there was my lease.

PS I am (for now) in Calgary

jonoadams75 Dec 15th 2009 3:12 am

Re: Calgary vehicle leasing
 
Thanks for the quick response, i think the larger deposit side will help, thanks
again

jono


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