Kipp Scott Leasing

FLEET VEHICLE LEASE SOLUTIONS

Whether it’s 1 vehicle or 100, we can lease your fleet!

Kipp Scott Leasing is Alberta based and centrally located in Red Deer. We have a long history in the vehicle business dating back to 1968. In addition to the local vehicle expertise this history has built, our team has 20+ years of experience in finance, leasing and fleet management that provides a level of service the competition simply cannot offer.

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Cole Clements – Fleet Account Manager

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Kipp Scott Leasing

The team at Kipp Scott Leasing live and work in Alberta communities and understand the unique requirements and demands of operating a vehicle in the West. We source all makes and models through direct contact with the manufacturers and preferred relationships with numerous Alberta dealers. Our unequaled access to local inventories and preferred local service arrangements translate into savings of time and money for our customers.

PERSONAL VEHICLE LEASE SOLUTIONS

All Makes and Models, New and Pre-Owned

Kipp Scott Leasing understands the many challenges individuals experience when looking for a new or used vehicle. We work hard to simplify this process as we strive to be easy to do business with. We understand the personal lease client can often feel left out as lease companies pursue the large fleet customer and that is why Kipp Scott Leasing has staff dedicated to finding vehicle lease solutions for individuals.

With our roots in retail since 1968, we continue to leverage a strong relationship with a long list of Western Canadian dealers. At the same time our team has 20+ years in the fleet business allowing us to leverage this knowledge and experience for our personal lease customers. When combined, these characteristics have led to a process that provides unbiased advice and saves you both time and money as you find your next vehicle.

Dealerships and dealer groups in the West continue to be some of the best run in Canada, however individual dealers tend to possess an understandable product bias to the product line(s) they represent. At Kipp Scott Leasing you benefit from our relationships with all manufacturers and a strong group of Western Canadian based dealers. Kipp Scott Leasing will leverage our product expertise to provide comparative pricing on a variety of models for both new and used vehicles.

TWO TYPES OF LEASING

At Kipp Scott Leasing we take the time to understand your driving habits and design a lease contract that best matches your application and usage.

CLOSED END LEASE

Typically, a closed end lease involves the customer focusing on a specific payment. At the end of a closed end lease, any wear and tear charges and over mileage penalties are billed back to the customer, often adding up to thousands of dollars and totally erasing any benefit received from the low payment. Alternatively, if a customer has kept the mileage low and looked after the vehicle properly, when they return the vehicle to the dealer or manufacturer, it's often sold or re-leased at a substantial profit. In our experience, most surprises and bad experiences in leasing occur with closed end lease contracts, and either experience can leave a bad impression of leasing with the customer.

OPEN END LEASE

The Kipp Scott Leasing personal lease is based on an open end lease contract. There are no penalties for going over kilometer limits and no wear and tear charges at the end of the lease term. Open end lease contracts are well suited for the high kilometer driver and can also be structured for both normal and low kilometer drivers as well. At Kipp Scott Leasing we structure your personal lease based on your driving habits and your expected annual kilometers.

FREQUENTLY ASKED QUESTIONS

What are the benefits of leasing?

With a lease, payments may be lower than purchasing the same vehicle, since you only pay for the portion of the vehicle you use over the term of the lease. You can consider vehicles that have more options; trade in your vehicle for the latest model more frequently; and, align the lease term to the vehicle warranty period for greater peace of mind.

Does leasing require less money up front?

The down payment amount for leasing a vehicle varies based on the lease transaction structure and monthly payment you desire, but generally, may be lower than buying.

Is leasing right for me?

Leasing may not be for everyone, but for many it’s the right fit. This information is for general information purposes only. For specific limitations, rules and restrictions on any specific financing, contact us today.

With a lease, am I protected from possible negative equity?

With a lease, you avoid the potential risk that your vehicle’s value has declined beyond its projected residual value at the end of your lease term.

What happens at the end of a lease?

At the end of term, you have the option to purchase the vehicle or turn it in, subject to the terms outlined in your lease agreement. Your Lease Provider will communicate with you prior to the end of your lease to guide you through the end of lease process.