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Can You Lease a Used Car?

Most Redondo Beach drivers on a budget would benefit greatly from used car leasing, but not many know that you can lease a used car in the first place. Read on to learn about how used car leasing can drastically increase the number of options you have. Then get in touch with South Bay Mazda to schedule a test drive and fill out a pre-approval

 

 

Used Car Leasing Facts

The majority of manufacturers only allow Manhattan Beach drivers to get used car leasing for certified pre-owned vehicles. But can you lease a regular used car? It’s possible if the dealership has an in-house leasing program, but you’ll have to ask. 

Certified pre-owned vehicles are vehicles that are used but recent model-year, low mileage, and restored to like-new quality. They’re in excellent condition but priced as used cars. Not every manufacturer allows you to lease CPO vehicles, however, according to the National Automobile Dealers Association (NADA), you can lease certified pre-owned vehicles from:

  • Acura 
  • Audi
  • BMW
  • Chrysler
  • Dodge
  • Ferrari
  • FIAT
  • Honda
  • Hyundai
  • INFINITI
  • Jeep
  • Kia
  • Lexus
  • Lincoln
  • Mazda
  • Mercedes-Benz
  • MINI
  • Mitsubishi
  • Nissan
  • Porsche
  • RAM
  • Toyota
  • Volkswagen
  • Volvo

How Does Used Car Leasing Work?

Now that Hawthorne drivers have an answer to the question, “can you lease a used car?”, it’s time to learn about the process of used car leasing. Just as with leasing a new car, when you lease a used car, you’ll be on the line for the difference between the vehicle’s sale price and its estimated value at lease-end. 

Leasing a certified pre-owned car is a great way to further your savings. For one, a used vehicle will lose less value over the course of your lease term. That’s because cars see the greatest drop in value in the first 3 years of their lifespan. Used car leasing allows you to marry the small payments of leasing and the smaller payments of driving a used car—and yet, since you’ll likely lease a certified pre-owned vehicle, you’re unlikely to have to deal with the hassles associated with used vehicles. 

Have Questions About Used Car leasing?

Questions? We’d love to walk you through the ins-and-outs of this intriguing opportunity. In the meantime, if you have other questions about car buying, explore our car buying tips for more informative reads on topics like whether to lease or buy!

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