Buy or Leasing Vehicles by Sarah Wood https://padlet.com/alantictopaz159/12lmpqtqmk2k By: Sarah Wood en-us 2018-04-14 00:50:13 UTC 2024-06-29 23:00:14 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Carfront.png Commuters Statistics and when to buy or lease a car. alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251824870 This Website supports actual facts and statistics of people in Canada. The stats cover  which city has the most commuters who drive to work on a average basis how much Canadians use their cars. It also covers the pros and cons of own vehicles and leasing them as well. Some of the Information is how much on an average is a car worth during the 2014. Although the info might be behind by 4 years , I still feel it's still plausible. This can be applied to the future with buying cars or any other vehicle. I included it as a good example of how the economy has drastically changes and how certain factors play a key role in the price of the car.

This just an example in the article keep in mind this was around 2014 though.
“In 2014 of a new car in Canada was $33,000.” “The money loan payments on average was $570.”

“The average monthly lease payment was $490.”

Website #1 https://www.thinkinsure.ca/insurance-help-centre/lease-vs-buy-a-car-best-choice.html


]]> 2018-04-14 21:12:18 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251824870 Some factors to consider when leasing or buying a car alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838391 This website comes with some videos from globalnews but it is Canadian in that they compare the marketing in Canada. They go over traps and tricks to get the best deals and to look out for times when the dealers are being dishonest. 

"Come earlier to the dealer ship, Buy cars at the end of the month and don't buy around spring time as the deals are more pricer." Said one of the experts in the marketplace for cars.

These are just some of the tips they briefly go over but they are very useful for if you want to save some money in the car market.


Website#2 https://globalnews.ca/news/3395054/3-numbers-you-should-check-before-deciding-whether-to-lease-or-buy-a-car/

]]> 2018-04-15 02:49:07 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838391 Buying or leasing the pros and cons alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838451 Although this site is paritally basiaed that doesn't mean there isn't any good information.
This site mostly talks about leasing and the pros and cons of leasing but it does briefly touch upon buying. Though the buying aspect is more of
if you used a lender for a loan for the car.

Some of the information on this site said that if you choose to use a lender you must pay them off first and then you can own the car but they own the car until you pay them.

 On the other hand it says with leasing although a complicated process you can drive the car and pay baack with stead paymnets  throughout the agreement until the end of the lease. Once the lease is finished however you can buy the car for far cheeaper than when buying it in one go.
This some of the information this site offers.

Website #3
https://www.debtcanada.ca/library/archive/16-credit-information/105-vehicle-leasing-vs-loaning

]]> 2018-04-15 02:50:54 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838451 Buying vs leasing and automobile alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838673 This YouTube video covers buying and leasing an automobile and gives insight as to the cost and issues when leasing cars.
It also talks about how when leasing you are faced with different challenges. It does however speak of the positive traits of both aspect of either buying or leasing a vehicle.
The end result is you choose which option is better for you.

Some examples include that if you lease a car the vehicle has more insurance then if you bought it. Since you have to return the vehicle to the lender.
This is just one of the examples of the difference between leasing and buying.
Video #1
https://www.youtube.com/watch?v=sKg7tr1H7dU&t=21s Non canadain site but it is an educational source.


]]> 2018-04-15 02:57:17 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251838673 Welcome To buying and leasing alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251892085 Here you will learn the pros and cons of buying vs leasing.

I have 3 sites that give helpful tips on buying and leasing
I also have 3 videos that simplify the whole process when buying and leasing cars.
Lastly There is 4 pictures that are examples of just some things you can do when either buying or leasing vehicles.

Below are all my sources go down from this Introduction and go right to the very end.]]> 2018-04-15 14:54:53 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251892085 Buying vs Leasing a new car alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251924744 By: TruMark Financial Credit Union

This Cute video Teaches kids and even adults how buying and leasing can have an affect on the overall pricing of vechiles. The  ginger haired girl asks to buy a spaceship and to lease it. The other woman however describes that might not be the best idea and gives her pointers on how each choice can mean that your paymnet period is streched over a long period of time. When buying though you pay the some what the same amount except at the end you can own it.
This is just one of the examples the characters explain. I find this to be very entertaining and a good source for kids and adults alike to have a fun spin on a boring topic.


Video #2
https://www.youtube.com/watch?v=wW3k_FQO57k&feature=youtu.be

]]> 2018-04-15 19:23:24 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251924744 Leasing Vs Buying: What is best for you? alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251926274 This video is just little brief pros and cons of buying and leasing. according to the company's dealership. This is more of a commercial for their newer models of cars. It does give very good idea of what dealers and sellers of cars are going for so you too can understand their point of view so you can make a informed decision.
It does bring up some important points in that the amount that you pay for leasing is just the value between purchase price and residual price after depreciation. I find this to be lacking information but gives you a good start on information searching though.


Video #3
https://www.youtube.com/watch?v=JGOLgj9dvqs&t=9s 

]]> 2018-04-15 19:35:31 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251926274 alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251928324 This depicts how the economy favors buying over leasing. Generally, Canadians buy over leasing in comparison you could say the scale tips back and forth for leasing be cheaper. If you think about it buying versus leasing in advantages. Leasing comes with disadvantages and how you need to pay with more payment s for other things for the car you might even not be using.

Picture #1  http://madanca.com/blog/is-it-better-to-lease-or-buy-a-car-for-a-business-in-canada/]]> 2018-04-15 19:51:42 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251928324 Happy Canada Day custom paint Job Car. alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251928790 Happy Canada day car. Unknown model car with Canadian flag plastered on the car as a decorative celebration for Canada’s birthday. It also appears to have a number on the side painted on the door. Maybe this car is a racing car Just thought I would showcase it as a way of saying if you own your own vehicle you can customize the car into any crazy look you want.

Picture #2 http://www.cardriven.ca/tag/canada/

]]> 2018-04-15 19:55:21 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251928790 “2017 Ford F-150 starting around 570 CAD/month tax. IncX36 months.” For a 3-year contract. alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251929185  I choose this as an example of what most car dealers would offer you for the newest vehicle to compare how trucks a new more expensive than cars usually. Most people want a huge truck so I also decided to include a picture for sale of popularity.

Picture #3
https://www.leasecosts.ca/en/articles/best-trucks-canada-2017-top-models-offers]]> 2018-04-15 19:58:56 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251929185 Vehicle costs deducted for tax purposes alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251930156 Picture of step by step process of costs deducted for tax purposes these steps include toll charges, parking, car insurance, repair, and fuel costs. All of these steps are things you can use to get income from your tax return. This only applies if the car is being used for business purposes and purchasing of a vehicle. If you decide to buy a vehicle from the company then that too counts as leasing and you too have lease rules to follow so I thought I would include this to show some of the process for just business entitlements.



Picture #4 http://madanca.com/blog/is-it-better-to-lease-or-buy-a-car-for-a-business-in-canada/

 

]]> 2018-04-15 20:06:05 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251930156 All Sited Resources alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251930570 2018-04-15 20:09:39 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251930570 Reflective Discussion Questions alantictopaz159 https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251944260 By: Sarah Wood 100665239]]> 2018-04-15 22:25:52 UTC https://padlet.com/alantictopaz159/12lmpqtqmk2k/wish/251944260