Can You Lease a Used Car?

Are you looking to upgrade your Stephenville commute without breaking the bank? Used car leasing could be the best option for you, as a used vehicle is a great way to elevate your Comanche commute without purchasing a brand new vehicle. So, can you lease a used car? Yes, although the dealership may not promote it as much as new car leasing. Let’s dive deeper into used car leasing with Bayer Auto Group! For more information, feel free to contact us anytime!

Used Car Leasing Facts

In most cases, manufacturers offer only certified pre-owned vehicles as a lease, as usually, vehicles qualifying for CPO are often less than 4 model years old with less than 48,000 miles on them. This criteria varies by auto make, though. dSo, you’ll have to visit a Brownwood dealership such as Bayer Auto Group to take advantage of used car leasing, as these are the places you’ll find CPO offerings.

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?

You might be wondering, “how do I lease a used car near me?” The entire process is quite similar to leasing a brand new car, as the monthly lease payments will be dependent on the value of the vehicle at the end of the lease term. 

This allows Comanche buyers to get a lower monthly payment, as used vehicles depreciate less than new ones. Therefore, the overall difference between the price of the vehicle at the beginning of the lease, and the price at the end will be less drastic. 

Similar to leasing a new vehicle, once your lease is over, just return the vehicle to your local Comanche dealership, where you can choose a new vehicle or purchase the lease.

Benefits of a Used Car Lease

• Monthly Payment Amount: Your monthly payment will be much less, as the overall depreciation rate is much lower. 

• Potential for Lease Buyout: You could more easily purchase the vehicle at the end of the lease, as the estimated value will be much lower than if you were to lease a new vehicle. 

• Lower Insurance Rates: You could even get a lower insurance rate, as insurance rates are partially based on your vehicle’s value. 

Visit Bayer Auto Group for Used Car Leasing Today!

So, now that you know the answer to “Can I lease a new car?”, come stop by Bayer Auto Group to find your next vehicle today! Browse our certified pre-owned vehicle inventory, and meet with our finance center to finalize your lease agreement. Be sure to use our used vehicle specials to save near Abilene!