Skip to main content
Auto leasing
Business borrowing

Vehicle leasing

Need a ride? Lease a vehicle for yourself or for your business through our subsidiary, Prospera Auto Leasing.

Consumer and commercial leasing at the right price  

Operating across Canada, we provide new and used vehicle leasing for individuals, dealers, and brokers. Working through our dealer and broker network, we specialize in structing open-ended vehicle leases for consumer and business needs. Our team can get you on the road with a price-competitive program that meets your needs.  
Fast turnaround
Customer-centric approach
Flexible lease options
Competitive rates
Owners can develop or enhance manufacturing plants.
Transparent decision- making

How can we help you?

  • We’re full-service so we can match each individual or business with the very best leasing choice, including flexible lease terms and structures.
  • We aren’t tied to a vehicle manufacturer so we can arrange leases for all makes and models of new and used vehicles.
  • We’ve been working with vehicle dealers and brokers for more than 30 years so we can deliver the lease options you need with a high level of responsive service.
Prospera Auto Leasing

How does vehicle leasing work?

When you lease a vehicle, you can reduce the monthly cost of ownership and avoid having to pay a lot of money upfront. Through a lease, you pay the difference between the initial cost of the vehicle and the residual value of the car after an agreed upon amount of time. That difference is known as “depreciation”.

Our vehicle leasing team

Our account experts focus on building strong relationships with our dealers and brokers to help them serve their customers better. We answer your needs by offering affordable, customized, flexible lease solutions. It is our customized approach and ability to adapt that truly sets us apart.  

Randy Tkachuk
British Columbia
604 219 5290

Read bio

Rob Parrotta
Alberta, Manitoba, Saskatchewan, & the Maritimes
780 913 2626

Read bio

Sharon Khozin
647 881 9397

Read bio

Equipment leasing

How does equipment leasing and financing work?

At Prospera Equipment Finance we provide leases for all makes and models of equipment, across almost all industries and regions throughout Canada. When you lease equipment, you want a solution that’s tailored to your business needs.

As a subsidiary of Prospera Credit Union you are working with a business partner that has been operating in the industry for 20+ years, who is experienced at offering leasing solutions to businesses of all sizes.

Explore other business borrowing solutions in BC

Commercial loan

Invest in your business’s growth without tying up working capital.

View details

Commercial line of credit

Be ready to seize business opportunities at a moment’s notice.

View details

Commercial mortgages

Compared to a loan or line of credit, mortgages generally allow you to borrow more money at a lower interest rate. 

View details

Letter of credit

Give suppliers Prospera’s promise that they will receive payment.

View details

Frequently asked questions

Most vehicle leasing contracts require that you prove that the leased vehicle is insured. Your insurance company should provide you with a copy of the policy. If you do not have a copy of the policy, you must contact your insurance company to obtain a copy. This should then be emailed to Be sure to include your name, lease number and a phone number at which you can be reached.
In order to properly register, license, and insure your vehicle, a power of attorney may be required. This document permits you to act on behalf of Prospera Auto Leasing when establishing insurance and registration.

If you require a BC Insurance Power of Attorney, please call Westland Insurance at 778-670-9171 or email for all other inquiries; please contact us at 604-528-3802.
Lessees are responsible for placing and maintaining active insurance on leased vehicles.
Lessees are responsible for vehicle repair and regular maintenance. Lack of maintenance will erode the vehicle’s equity.
This depends partly on whether it is a closed-end or open-end lease. Please reach out to your originating dealership to discuss your end of lease options.
When you update your bank accounts, we must add your new information to our records to ensure that your account does not go into arrears. Send a copy of a voided cheque (write “VOID” across the front of the cheque) for your new account by email to Be sure to include your name, lease number and a phone number at which you can be reached. Note that it can take up to 5 business days to update our records.

Let's start with a conversation

To speak with one of our team members about your vehicle leasing needs, please contact us:

Phone: 1 844 528 3802 

Apply Now

Vehicle leasing is provided by Prospera Auto Leasing a business name of WS Leasing Ltd., a subsidiary of Prospera Credit Union.