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Buying or Leasing a Vehicle and Insurance

Like many Canadians, you may be looking to hit the open road in a new vehicle. If so, you may be weighing the pros and cons of buying vs. leasing a new vehicle. Fortunately, leasing or buying truly comes down to your individual priorities. Curious if leasing or buying a vehicle is right for you and how this may impact your insurance policy? The article below will identify the differences between leasing, financing, and owning a vehicle, and instances where it may be more beneficial to lease or buy. Additionally, we sat down with one of Gifford Carr's personal lines experts, Jessica Elliott, who provided her insight on insurance implications.

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Complete the form to connect with your local Gifford Carr broker to get a detailed quote. Trust us to ensure you are protected. So you can focus on what matters.



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        Contact our team
        Complete the form to connect with your local Gifford Carr broker to get a detailed quote. Trust us to ensure you are protected. So you can focus on what matters.