Straight answers to frequently asked questions about vehicle leasing.

Additional Resources

WS Leasing Ltd. is a division of Prospera Credit Union. The Canadian Credit Union Association (CCUA), the national credit union trade association that provides services to Canada’s credit unions, has compiled a comprehensive guide of government aid and resources available to businesses and individuals being affected by the COVID-19 pandemic. To view this guide, click here.

Canada’s COVID-19 Economic Response Plan on the Government of Canada website can be viewed here.

Frequently Asked Questions

Who pays for the vehicle insurance?

You are responsible for insuring the vehicle with the amount of coverage required by your lease.

Who pays for the license and registration at purchase?

Lease or buy, you are responsible for licensing and registering your vehicle.

Who is responsible for repairing the vehicle during the lease?

You will need to repair the vehicle and do regular maintenance. Lack of maintenance will erode your equity in the vehicle.

What happens to the vehicle at the end of the lease?

This depends partly on whether it is a closed-end or open-end lease. Our Account Executives will develop a program with you that best suits your business or personal vehicle and financial requirements.

WS Leasing’s commitment to clients

Our commitment is to consistently deliver cost-effective, efficient and flexible leases for our customers.

Current Clients

If you are a current client of WS Leasing you can review the following important information on this website:
Power of Attorney Information
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New Clients

If you wish to use WS Leasing Ltd. for your vehicle leasing needs contact us at