Can You Lease a Used Car?

2021 Jeep Cherokee towing a boat

 

Leasing a car in Giddings has a lot of benefits for some drivers. It’s convenient, affordable, and takes a lot of the guesswork out of vehicle ownership. But can you lease a used car? You can at Oviedo Chrysler Dodge Jeep Ram FIAT, but only from our selection of certified pre-owned vehicles. That means you’ll not be leasing just any used car, but a like-new car without the new price. Find out more about how you can lease a used car. 

 

 

Used Car Leasing Facts

Like most manufacturers, Chrysler, Dodge, Jeep, and RAM only allow certified pre-owned vehicles for used car leasing. With the CDJR certified pre-owned program, the vehicle must pass a 125-point inspection to ensure that the vehicle is like-new. You’ll only find certified pre-owned CDJR vehicles at a franchised dealership like Oviedo Chrysler Dodge Jeep Ram FIAT. 

According to the National Automobile Dealers Association (NADA), the list of manufacturers which are said to offer CPO leasing includes Acura, Audi, BMW, Chrysler, Dodge, Ferrari, FIAT, Honda, Hyundai, INFINITI, Jeep, Kia, Lexus, Lincoln, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Porsche, RAM, Toyota, Volkswagen, and Volvo.

How Does Used Car Leasing Work?

There’s not much difference between used car leasing and new car leasing in Smithville. The biggest difference is in the price and the estimated lease-end value, which determines your monthly lease payment. As Weimer drivers expect, monthly payments are generally lower than if you finance a used car. That’s because when you lease a new car, you’re mostly paying for its depreciation. When you lease a used car, the estimated lease-end value won’t be as large as it is with a new car lease. This means lower payments. 

Like new car leasing, when your lease ends, you will need to return your CPO lease to the dealership near Weimer. There will also be mileage limits you will need to adhere to, and you should return the car in as close to factory condition as necessary. When you return your lease, you’re free to lease another new or CPO vehicle, or purchase one. You can even purchase the used car you leased. Our finance department is here to help you decide what’s best for you.

Let Oviedo Chrysler Dodge Jeep Ram FIAT Answer Your Used Car Leasing Questions

Still have questions about how you can lease a used car? Contact Oviedo Chrysler Dodge Jeep Ram FIAT, and let our team of finance professionals know more about your financial situation and how you drive, so they can help you make the right decision for you.

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