Vehicle and Equipment Leasing

Through two subsidiaries Westminster Savings offers vehicle and equipment leasing to individuals and businesses across Canada.

Vehicle leasing

Partnering with vehicle and equipment dealers across British Columbia and Alberta, WS Leasing can provide the right lease service for new and pre-owned vehicles, commercial trucks and trailers, new and pre-owned equipment and specialty and luxury vehicles.

Tip!Speak to a leasing specialist at WS Leasing at 604-528-3802 or visit our website at www.wsleasing.ca.

Equipment leasing

Since 1992 Mercado Capital Corporation has been providing flexible leasing solutions for equipment acquisitions to small and midsized businesses across Canada. We finance equipment and repairs for a diverse range of customers from owner operators to multi-outlet and fleet operations.

Tip!Speak to an equipment leasing specialist at Mercado Capital Corporation at 1-844-528-3802 or visit our website at www.mercadocapital.com.

Why leasing is so popular

Cars are getting more expensive. The average person can go into "budget shock" just doing the math before buying a new car. A substantial down payment and high monthly payments make owning a new vehicle difficult.

When you lease you:

  • pay a lower monthly payment than what you would pay to service a loan for the same vehicle.
  • pay tax only on the monthly payment rather than up front on the full price of the vehicle.
  • have peace of mind knowing that your vehicle is under a new warranty.
  • have options at lease end. you can buy the vehicle, or use the equity as a trade-in.
  • avoid putting too much of your money into a vehicle.

Leasing isn't for everyone. The carrying cost may be higher if you lease your vehicle even though your cash flow is better and, if you can afford to, purchasing the vehicle will build equity quicker.

Paying the total price in cash is still the least expensive way to obtain a vehicle. If you cannot pay cash then a loan or lease with the shortest term available to you will lower the "carrying cost". When leasing, you are only paying off the depreciation, and not repaying the entire value of the vehicle.

We're committed to our customers.

Our commitment is to consistently deliver cost-effective, efficient and flexible leases for our customers through our extensive dealer network, where we're willing to provide service that goes the extra mile.

This is one reason why WS Leasing has become the largest BC owned and operated vehicle leasing company.

Our flexible, personalized approach is what sets us apart from larger leasing firms and financial institutions. We believe that listening to our customers is the key to finding solutions that really work.

Act Now! Find out more about leasing

For vehicle leasing speak to a specialist at WS Leasing at 604-528-3802 or visit our website at www.wsleasing.ca.

For equipment leasing speak to an equipment leasing specialist at Mercado Capital Corporation at 1-844-528-3802 or visit our website at www.mercadocapital.com.