Can You Lease a Used Car?
You’ve crunched the numbers, and, like a lot of our Acura of Escondido customers, you’ve decided leasing a car makes more financial sense for you than buying. But what aboutused car leasing? Can you lease a used car and maybe get lower monthly payments? Yes, but there are things you’ll need to consider. Ourfinance department wants you to be fully informed so that you can make the best decisions for you.
That’s why we go into detail below on how to lease a used car the smart way, as well as the pros and cons of doing so. It looks like your “lease a used car near me” Google search has paid off!
Used Car Leasing – the Pros
Can you lease a used car? Yes, and numerous San Diego drivers have chosen to do that. Here are some of the advantages:
- Lower payments than leasing anew car
- Less depreciation, resulting in a lower down payment and less owed at end of lease
- Warranties and other benefits of driving a certified pre-owned car (if certified)
Used Car Leasing – the Cons
Can you lease a used car? Yes, but there are caveats. Here are some of them:
- Increased likelihood of needing to repair the car
- No warranty if the car isn’tcertified pre-owned
- Possibility that you’re not getting a much better deal than if you leased a new car
How to Lease a Used Car
You probably started by typing “lease a used car near me” into your internet browser. Here are some additional steps:
How to Lease a Used Car
- Ask the dealer if they lease used cars. Many Temecula dealers don’t.
- Ask if the car is certified pre-owned, so you’ll know whether you’ll be on the hook for repairs.
- Carefully read the fine print of the lease agreement and compare with the cost of leasing new to make sure you’re making the best deal.
You can stop the “lease a used car near me” Google searches. Our helpful finance managers will be happy to walk you through all of your leasing options, including leasing a certified pre-owned Acura automobile. While you’re here, check out ourAcura MDX lease deals.
Let the Finance Department at Acura of Escondido Help
We’re just a short drive away from Carlsbad. So, drop by orcontact us today.
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