$150K Truck Lease Example | Canada Owner-Operator Financing #canada

Ever wonder what real truck financing looks like in Canada? Let’s break it down with numbers. Say you’re eyeing a $150,000 Class 8 rig. On a 60-month lease at 8.9% APR, your monthly payment comes in around $3,200. That’s before insurance, fuel, and maintenance, so it’s crucial to budget the whole picture. Here’s why this matters: a good down payment can shave 1–2 points off your APR, and choosing newer trucks (under 7 years, fewer than 800,000 km) keeps lenders comfortable and terms flexible. Compare lease-to-own vs. traditional finance—leasing gives you tax-deductible payments and lower upfront cash, while financing builds equity over time. Always ask lenders for a full amortization schedule showing the effective APR, not just the buy rate. This transparency helps you negotiate like a pro and avoid surprises. Ready to see how to structure smarter deals and lock in competitive monthly payments? For tailored advice and fast approvals, turn to Mehmi Financial Group.

Видео $150K Truck Lease Example | Canada Owner-Operator Financing #canada канала Mehmi Financial Group