Sievers (| SPECIAL PURCHASE FROM
MAZDA CANADA

'@2 PROTEGE

SE 4 Dr. 1800cc

Sau

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IT JUST FEELS RIGHT
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Starting from
7 We a : Gos
PDI & FREIGHT INCLUDED
700 KARINE DRIV
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NEWS photo Cindy Goodman
CUSTOM LEASE director Andrev: Maquire believes his company
reflects the growing number of people tooking for an alternative
way of purchasing a new car. In October Custom Lease was
awarded a New-Canadian Entrepreneur Award for business
managemerit excellence from the Federal Business Development
ank.
NV’s Custom Lease
tt tandard fi
, ° ° ni arTs®_/ RALLYE® GTS
alternative financing | PEMFORMANGE
i EES a STEEL-BELTED RADIALS
AAT e 1 i © All-season ead design
. . ye i - ‘ r © Precise steering response
T . — d ‘ oe : m 6» Aggressive performance
Firm wins kudos for excellence \APTIDE CAL Ce x
WITH THE prices of vehicles escalating more rapidly than \ Pi
paycheques the last few years, more and more people are Sie
turning to a financing alternative when acquiring a new set eee
of wheels. LG
Leasing a vehicle has long been — : x ey
the normal method of operations By A.P. McCredie —piasi7 - SMa ‘
in the business world, but increas- Automotive Reporter : ° : P19S/7OR13 7231
ingly individual shoppers are turn- | ALL-SEASON ; 4 : PisEvOnta 83.44
ing to this form of financing. the major manufacturers over the [§| STEEL-BELTED RADIAL See et | P20S70R14 87.57
The most appealing aspect of years for one reason: lack of any © Goog tread lite UL : poeeents sonar
leasing a car is the “‘no money kind of legislation governing it.”” Be | 5 cooaualunresstance : ; P23s70R15 304'37 iB.
down’? term. With personal cash In Canada there is no leasing [| + Comtonabieswe : PASTORIS 110.38 TER. ee wo
flows not going as far as they us- legislation or industry watchdog, #| ° SW 1 abs peeeente ; “ee : ota.
ed to — and the base price of an making the business of leasing for & aay S 00 ey c P245160R14
automobile these days making for the uneducated a very risky & . ‘ Hae : P2B5IEORIS
a hefty downpayment on a loan business indeed. : i PaseeOntS
— Custom Lease of North Van- Due to the lack of legislative % 155/SR12 ang P275160R15, | |
couver is seeing more and more guidelines on leases, Maquire said ¥f aR PAW. PoSieSRIS | __ ne |
people coming through the doors everyone has heard some horror ff ____ | SALE : » “SEASONS ; ;
of their Marine Drive showraom. story about someone who felt rip- & 1EiShi2 . “he ALL-SEASON LT TRUCK RADIAL ;
“There is so much misinforma- ped off because of involvement in By I ; ee és : LTNSN7SAI4 $94.59 LT2ISOSATE ites {
tion out there about leasing. that a lease. . Teesnie , AR es Trzerenis was nisi bees : |
we find the first meeting with a “Our biggest job is to demystify § q7ereOns3 1 pgp eh : LT26S7SR16 125.18 = LTOSORIGS «1412 |
customer is just to educate them the leasing process,’’ he added. 175/70R13 * mee me | : SPECIAL
on how it works,’’ said Custom Basically, there are two kinds of 185/70R13 2. ‘BE.GOO CH. d UNIROYAL LAREDO -
Lease director Andrew Maquire. F qee7onsa 5 ‘ TERRAIN, , es . P235/75 RIS ‘
“Leasing has been abused by all See Co. page 38 1esr7gRU4 ‘ SP ae ; . AND BALANCED
! 6 . :
20SITSR1 : ‘ga B.F. GOODRICH T/A & B.F. GOODRICH COMP TIA so
2087 ents : * i “PRICES SO LOW WE CAN'T MENTION THEM. MANY
QUESTIONS TO ASK: ; zasi7aRis 4 i 36 MANY MORE INSTORE SPECIALS.

@ What is the cost of the vehicle, including taxes?

@ What is the resulting value of the vehicle (how much is outstanding
when the length of the lease is up)?

@ Are there penalties for buying out the lease during the leasing
period?

FACTS ABOUT LEASING:
@ in Japan and Europe, cars, furniture, clothing, even Rolex watches
have been available through lease arrangements for years.

®& Forty percent of vehicles on the road in the United States are leased.
By 1996, it is estimated that 60% of vehicles will be leased.

@ In Canada, 20% of vehicles currently on the road are leased.