Can You Lease a Used Car?

car leasing finance

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 so you don’t have to spend time looking for answers in an Alfa Romeo lease forum.


The Basics of Used Car Leasing

What happens to vehicles that have been leased but are still in pristine condition? Some of these vehicles are sold by the dealership as used cars or CPO vehicles, but when a dealership has too many of these vehicles in stock, some decide to offer used car leases. There are many benefits of an Alfa Romeo lease Glendale drivers will love. 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 so you don’t have to spend time searching for answers in an Alfa Romeo lease forum. Learn about the perks of an Alfa Romeo used car lease today.

  • 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. Explore our Alfa Romeo used vehicles to lease today.
  • 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.

How Does Used Car Leasing Work?

If you have been thinking about an Alfa Romeo used car lease with one of our Alfa Romeo certified pre-owned vehicles, you may be wondering how the process works. It is actually quite similar to leasing a brand new model. The difference between the sale price of the vehicle and its estimated value at lease-end will determine the monthly lease payment. Used cars depreciate at a slower rate than new cars, so the difference between the sale price and estimated lease-end value will be smaller and your monthly payments will be lower.

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. We also invite you to explore our pre-owned vehicle specials for additional savings. For an Alfa Romeo lease Glendale drivers can afford, be sure to see what we have in store at Alfa Romeo of Glendale.

 

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