1. Services
2. Why Lease?

Why Lease?

• 1. What is Leasing?

  Leasing is simply an alternative type of financing. The customer has full access and use of the car, but not actual ownership. Often, if required, the customer has an option to purchase at the end of the lease term for either a pre-determined amount, or fair market value. Leasing for automobiles was once considered an option only for the rich, but due to it's flexibility and value its' become very popular for every car buyer in recent years. Call us to find out why.

• 2. Do I have to Lease?

  NO! Blue Star Motors sells many of the cars they place outright with no lease. We can help you decide which choice is best for you. We custom tailor your solution. We don't believe in a single 'one-size-fits-all' solution for all clients.

• 3. What are the benefits of Leasing?

  Some of the many benefits are as follows:

  • No large outlay of capital to obtain your car. Preserve your cash flow.
  • Leasing generally provides a faster tax write off than a cash purchase.
  • Lease payments and terms can be tailored to meet the tightest budgets.
  • Leasing keeps your bank lines open for operating expenses, rather than investment in depreciating assets.

• 4. What type of Leases are Available?

  There are many options available. They can be tailored to provide you with the terms and conditions that best suit your life today. More importantly, they can allow for flexibility as your life changes tomorrow. And they can benefit both corporate customers and individuals alike.

• 5. How do I apply for a Lease?

  There are many options available. They can be tailored to provide you with the terms and conditions that best suit your life today. More importantly, they can allow for flexibility as your life changes tomorrow. And they can benefit both corporate customers and individuals alike.

• 6. Do I require a down payment?

  No. Generally, all that is required to initiate a lease agreement is first payment and last payment in advance. In special circumstances, a larger deposit may be required. In any case, the customer has the option of putting money down in order to reduce the lease payments.

• 7. How do I pay for my Lease?

  Your monthly lease payments will be taken via Pre-Authorized Payment Plan (PAPP) from your choice of financial institutions.

• 8. What are my options during my Lease?

  This depends to a degree on the options you selected at the beginning of the lease. Your agent will help you pick the best and most flexible choices for you. This customized approach is much more effective than 'one-size-fits-all' bank loans.

• 9. What happens at the end of the Lease?

  Depending on what type of lease you have, you will either own the car or have various options at expiry. Again, you will have choices and options that you can exercise based on your circumstances at the time.

• 10. What are the different Lease terms available?

  Lease terms are anywhere from 12 - 66 months, depending on what type of lease payment you require.