Can You Lease a Used Car?

Used cars on a car lot
Do you need a reliable used vehicle and are curious if it’s possible to lease a used car? Used car leasing isn’t typical around Richmond, but some specific car dealerships offer used car leasing. Used car leasing is typically part of a certified pre-owned vehicle program. If you’re interested in leasing a used vehicle, contact the finance experts at Jack Burford Chevrolet,inc. now! They will patiently explain our used car leasing program and explain your options. Read on to learn more about used car leasing, and feel free to reach out to us with any questions.

 

Details About Used Car Leasing

Can you lease a used car around Lexington or Winchester? Yes, it’s possible. Why would you want to choose used car leasing, though? Your monthly payments will be lower, and there are other benefits. Read on to learn more:

  • Leasing a Used Car vs. Leasing a New Car: Leasing a used car often costs less than leasing a new car. Both types of leases offer similar benefits and credit requirements, and you will need to return the vehicle when the lease ends.
  • What Type of Used Cars Are Available for Lease? Used car leases usually are only available on certified pre-owned vehicles. Used car lease prices are typically not advertised, so contact the finance team at Jack Burford Chevrolet,inc. for details.
  • Can I Buy the Used Car After I Lease It? Once you agree on a price for your used Chevy Malibu, you can likely purchase the vehicle when the lease ends.
  • How Does Insurance Work for a Leased Used Car? Since insurance costs are heavily reliant on the vehicle’s value, your insurance costs will likely be less on a used car lease.

Used Car Leasing Facts

When it comes to used car leasing, most auto manufacturers only allow it on certified pre-owned vehicles. Typically, the CPO vehicles available for leasing must be less than 4 model years old and have fewer than 48,000 miles. If you want to lease a certified used car, you’ll need to visit an authorized franchised dealership like Jack Burford Chevrolet,inc., as it’s only at franchised dealerships where you will find certified pre-owned vehicles.

According to the experts at the National Automobile Dealers Association (NADA), the list of auto manufacturers that 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
  • Volvo

Ask Jack Burford Chevrolet,inc. About Used Car Leasing Today

Whether you’re interested in a Chevy Equinox lease or another model, contact Jack Burford Chevrolet,inc. to explore your options. Jack Burford Chevrolet,inc. your best resource for leasing and auto financing in the London area. You can use our payment calculator to estimate your payment, then give us a call to get the process started today.

 

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