Can You Lease a Used Car?

Used cars on a car lot
 

When car buyers are looking for a new ride to take on the Columbus commute, most shoppers turn to a used or CPO vehicle. While on the hunt for a new-to-you vehicle, you might be wondering, “Can you lease a used car?” Certain dealerships actually do offer the ability to lease a pre-owned car. Used car leasing is often not as popular as leasing a new one so it’s likely that you’ve never heard of it, even though it is offered by some manufacturers. Today at Celebration Kia, our finance experts will go over used car leasing and things you should keep in mind.

What Kind of Pre-Owned Vehicle Can Be Leased?

Our team frequently gets asked, “Can you lease a used car,” since it’s often not advertised. Generally, you can lease a CPO vehicle if the vehicle is not older than four years old and has less than 48,000 miles. However, this is a general rule and we recommend always checking with your local dealership near Delaware to confirm that you can in fact lease a pre-owned vehicle.

How To Lease a Used Car

Used car leasing is usually not any different from leasing a new one. The only difference is usually the reduced price tag and the lease-end value at the end of your agreement. You’ll still have to return your vehicle at the end of the lease, just as you would with a new car lease. Much like leasing a new car, there are other benefits you can enjoy with a used car lease, such as:

  • Reduced Monthly Payment: Leasing a pre-owned car instead of financing one can often result in lower monthly payments.
  • Lease Buyout: Similar to a new car lease, you’ll typically have the option to buy out your pre-owned car lease and own the vehicle to take on Dublin adventures.
  • More Economical Insurance Costs: The cost of the vehicle is a determining factor in insurance premiums. Since a pre-owned car offers savings, you’ll get to experience a lower monthly insurance payment as well.

Celebration Kia is Here to Help Answer All of Your Automotive Questions!

Whether you’re looking to lease a car or you have other concerns, Celebration Kia is here to help you with all of your automotive needs. We look forward to working with you at our Lewis Center dealership and finding you the perfect vehicle. As always, if you have any questions, please contact us online for further assistance!

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5342 Columbus Pike • Lewis Center, OH 43035

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