Leasing at OpenRoad

Leasing is a flexible way to enjoy a new or used vehicle without the commitment of full ownership.

Lease a new vehicle from the manufacturer, through your dealership.

OR

Lease a pre-owned vehicle from OpenRoad Leasing through your dealership.

Why Lease?

Financial Advantage

  • Lower Monthly Payments – Monthly costs are typically less than financing.
  • Pay Only The Depreciation – You’re not paying for the full vehicle, just the portion you use.
  • Tax Efficiency – Taxes apply only to monthly payments, with potential business deductions.
  • Guaranteed Future Value – Your vehicle’s end-of-lease value is set upfront by the OEM or OpenRoad Leasing, protecting you from market drops.
  • Cash Flow Flexibility – Keep more money available for savings, investments, or other priorities. Any equity above the residual is yours.

Flexibility & Lifestyle

  • Flexibility – Whether it’s a growing family, a new job, or a new hobby, leasing keeps pace with your lifestyle.
  • Reduced Risk – Avoid the risk of your car losing unexpected value during unexpected depreciation or market drops.
  • Always Drive Newer Models – Upgrade every few years to the latest design, technology, and safety features.
  • Enjoy the Best Years of the Vehicle – Drive during the most reliable, warranty-covered period.
  • Worry-Free Driving – Avoid costly repairs and the hassle of owning an aging car.

How Payments Work

With OpenRoad Leasing, your monthly payment is based on the vehicle’s price, interest rate, and future value (residual). You only pay for what you use, so payments are lower than traditional financing, and taxes are applied monthly.

At the End of Your Lease, You Can Choose to:

  • Buy out your vehicle at its residual value.
  • Refinance your vehicle using the residual value.
  • Return the vehicle hassle-free.
  • Renew your lease and drive the latest model.

Programs Within A Lease

Leasing isn’t one-size-fits-all. OpenRoad Leasing and our OEM partners offer flexible programs designed to fit your budget, driving habits, and lifestyle.

  • Varied Kilometre Allowances – Choose the driving limit that suits your lifestyle, whether you commute daily or drive occasionally.
  • Flexible Payment Frequency – Make payments monthly, bi-weekly, or even weekly, depending on your preference.
  • Prepaid / Single Payment Options – Convert cash into a fully prepaid lease, simplifying payments and potentially saving on interest.

Extra Wear Protection

Protect yourself from surprise costs during your lease return with optional Excess Wear Protection.

Coverage often includes items like:

  • Windscreen chips and scratches
  • Interior cuts, tears, or stains
  • Tire wear and wheel damage
  • Minor dings and exterior scratches

Coverage details vary by program and brand.

Ready to Lease Your Next Vehicle?

LEASE A PRE-OWNED VEHICLE

LEASE A NEW VEHICLE