Can You Lease a Used Car?

Have you been wondering if you can lease a used car in the Los Angeles area? While used car leasing is much less common than leasing a new car, it is an option at some dealerships. In most cases, used cars that are eligible for lease are part of a certified pre-owned program. Currently, the only brands that explicitly don’t offer used leases are Ford, Buick, Chevrolet, Cadillac, and GMC. If you have questions regarding leasing a used model, Alfa Romeo of Glendale would be happy to answer them for you. 

The Basics of Used Car Leasing 

If you like the idea of lower monthly payments as well as the freedom that leasing provides, you may want to consider a used car lease. Below, we have included some important information about used car leasing:

• Which Used Cars Can Be Leased? – Most dealerships only allow customers to lease certified pre-owned vehicles. There is also a good chance that used lease prices are not advertised. That is why it is best to talk to the dealership to see if the used car you want to lease is eligible. 
• Used vs. New Car Lease – A used car lease will usually cost less than new car monthly lease payments, but you will be able to take advantage of many of those great benefits. Just like with leasing a new car, you have to return the vehicle after the lease term is up. You also need to stick to the designated mileage limits.
• Can I Buy a Used Car After I Lease? – If a dealership offers used car leases, you will likely have the chance to purchase the car once the terms of the lease are complete. That gives you a lower residual value than performing a lease buyout on a newer model. 
• Insurance for a Leased Used Car – If you opt for a CPO lease, you should likely expect lower insurance costs.

Alfa Romeo of Glendale Makes Leasing Hassle-Free

If you have additional questions about the benefits of leasing or if we offer used car leasing on a model that has caught your attention, do not hesitate to reach out to us. We would be glad to discuss the benefits of leasing with you further.