[Resolved] Ws Leasing Ltd - Worst Lease Company In Canada / Lease ripoff the worst company to deal with
WS LEASING LTD is a car lease company located in Vancouver BC. If you visit a dealer and they ask you to submit your application to this lease company then BEWARE!
WS LEASING IS the worst LEASE COMPANY. They charge high interest rates and when you have your buyout they will add on admin fees, plus plus plus.
I had purcahsed a 2004 BMW for $38,590 and my payments were approximately $750.00 a month. I paid this for four years, and then there was a buyout of $21,860. Well when my buyout came arouonfd i checked the papers and saw that i could fetch around $27,000. The catch was they have to approve it.
I found a buyer and introduced them the the salesman at WS LEASING LTD, a few days later the buyer called me and asked for his deposit back because they could not approve him for the lease. Later i found out the buyer was put into a brand new BMW and leased through WS LEASING LTD. So i just thought he wanted a new car, Not so, i ran into hime several months later at starbucks and we started to chat, and then he told me that WS LEASING LTD actually told him my car had been in an accident, when infact it never had been and i had very low mileage. They also told him the odometer had been rolled back A bunck of freaking liars.
To make a long story sghort, i decided to buy out the car myself and sell it privately,guess what they tacke d on $3500 administration fees and taxes so i could not benfit, so i let it go. Turns out the car sold in a week and another dealer leased it again at $29,500. This is a true story and now i want anyone who gets into a lease to know that you should be very careful when dealing with WS LEASING LTD...Best thing is say no to dewaling with these crooks who have ripped off thousands of customers.