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Can You Lease a Used Car?

It isn’t common to lease a used car, but some dealerships still offer the option. Usually available from certified pre-owned inventory, the only current brands that explicitly prohibit used leases are Ford, Buick, Chevrolet, Cadillac, and GMC. Want to learn more about leasing from our used model inventory to save money for Gouvernour summer activitiesContact us, Team Blevins, serving Canton and the surrounding areas.

 

Used Car Leasing Facts

Low monthly payments and a lease’s general and inherent freedom are the usual reasons shoppers opt for a used car lease. But you should ask your dealer the following questions if you’re considering it:

  • 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.

Maintenance costs tend to be higher on a certified pre-owned car, but also often include an extended warranty that covers many important components.

Learn More About Leasing

Learn more about lease deals and specials offered on used Chrysler, Dodge, Jeep®, Ram models today from Team Blevins. Our knowledgeable salespeople and finance experts can answer any questions you might have, like how often to rotate tires, and we’re located well within driving distance of Ogdensburg and Harrisville.. Stop by and visit today!