Can You Lease a Used Car?

can you lease a used car

Although used car leasing can be hard to come by, there are still many dealerships in the New Rochelle area that offer these types of leases through a certified pre-owned program. If you are looking to lease a used car, you should know that there are only certain automotive brands that offer this option. Brands that don’t offer used leases are Ford, Buick, Chevrolet, Cadillac, and GMC, so be sure to contact your local dealer around Mount Vernon to determine if they can lease you a used car.

Used Car Leasing Facts

If you’re looking for a used car lease, this can be a great avenue towards lower monthly payments and fewer restrictions from a traditional lease. But that’s just the beginning. Here are some common facts about used car leasing that can help you determine if this is the right option for you:

  • Which Used Cars Can Be Leased? – Most used car leases are only offered for certified pre-owned vehicles. Used lease prices may not be advertised, so it’s a good idea to contact us to find out if it’s a possibility.
  • Used vs. New Car Lease – A used car lease will usually cost less than new car monthly lease payments, but offer many of the same benefits. You’ll still need to return the vehicle after the lease term is up, and you’ll still need to meet mileage limits.
  • Can I Buy a Used Car After I Lease? – If a dealership offers used car leases, it’s a safe bet you’ll be able to purchase the car after the lease is up. That gives you a lower residual value than performing a lease buyout on a newer model.
  • Insurance for a Leased Used Car – Insurance costs are partly dictated by the value of the car. It’s possible that you could pay less per month for insurance with a CPO lease.

One thing Yonkers drivers should know about used car leasing is that maintenance costs tend to be higher on a certified pre-owned car. To make up for this, they can take advantage of an extended warranty to cover essential inspections, replacements, and more.

Learn More About Leasing

If you’re looking to learn more about leasing and if it is the right option for you, feel free to contact our dedicated finance team. You can also learn whether to lease or buydiscover more car buying tips, our payment calculator, or apply for financing if you choose to finance a new or certified pre-owned vehicle, and take advantage of our Kia Optima offers.

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Northeast Kia

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Phone: (914) 222-6222

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Northeast Kia
Northeast Kia
468 Tarrytown Rd
White Plains, NY, 10607 US
(914) 222-6222
https://di-uploads-pod19.dealerinspire.com/northeastkia/uploads/2019/01/NortheastKia.png
Northeast Kia 41.043700, -73.800353.