Go Nissan North|14755 137 Ave NW, Edmonton

Should you finance
or lease your next Nissan?

When you’re ready for a new Nissan or pre-used vehicle, we have a range of flexible finance options designed to make financing or leasing work for you. We work with all kinds of credit scores, good and bad. We’ll work hard to help you get the vehicle you want.

Not sure which is right for you? Check out this overview of the pros and cons. Contact us today at 780-733-8980 for more information.

Get pre-approved online

If you want to eventually own your car, financing is probably the right choice. It means you can drive an unlimited number of miles each year and have the freedom to customize your vehicle.  

Financing makes sense if you have a stable and predictable lifestyle. You’ll need to take care of any repairs after your warranty has expired.  


Leasing is a good option if you like to drive a new car every two to three years. You get the latest features, and your car is always under warranty. It’s also a good option if you have life changes ahead, such as moving away from the region.

You’ll need to feel comfortable maintaining the lease vehicle and looking after the interior and exterior as part of the lease agreement.

Will leasing increase my car insurance?

Making leasing affordable.

Your insurance payments will be the same, whether you finance or lease. These things can change your insurance rates:

  • The make and model of your car
  • The age of your car. New models usually cost more to insure
  • Where you live. Some postal code areas have higher accident rates, resulting in higher insurance rates
  • Your driving habits. Speeding or at-fault accidents can increase rates.

Let your auto insurer know if you lease or finance your car. This is because the lease company or lender holds an interest in your vehicle. Letting your insurer know means that your interest is protected.

Let’s hope this never happens - if your car is written off or involved in accident, the finance or leasing company will be paid the residual value of the vehicle. After that, you may receive a payment if your car is worth more than what you owe. When you owe more than the vehicle is worth, gap insurance will kick in to pay those costs. Your insurance company can give you full details.

Both financing and leasing have their benefits. Whatever option you choose, our professional finance managers will go through all the details and answer any questions regarding warranties and other financing options to protect your investment. We look forward to meeting with you soon to discuss your needs and options!