Well leasing is the way a great many people in Canada pay for their cars. Your payments are sometimes half that of regular payments. Leases are generally 2 or 3 years. After the lease is over, you have the option to either turn the car back in, or pay out the rest owing (and hence you own the vehicle).

Another word of advice... don't look at the advertised MSRP (Manufacturer's Suggested Retail Price) as it is rare you will actually find a vehicle with that sticker on it. The MSRPs you see advertised are for base stripped down models. Only about one in every hundred vehicles come off the factory floor without any options installed. It is consequently really hard to find a model at the MSRP. If this is what you desire, you may end up paying thousands more anyway for the delivery charge encurred by having to get the vehicle to you.

If you do end up opting to get a car loan - make sure you do so through a bank and not through the dealer or car company financing.

(I once worked for a car company and saw this in practise)