Can You Lease a Used Car?

Has the time come for you to upgrade your commute from Belleville to Waterloo? Luckily, when you shop with Auffenberg Ford Belleville, you’ll have the opportunity to secure the keys to a wide range of pre-owned vehicles from curated inventory to meet your needs. If you’re ready to make the switch to a new-to-you ride, but you don’t want to make a purchase, you might be asking, “Can you lease a used car?”

Typically, used car leasing is offered through the manufacturers, but not generally advertised as heavily as new car leasing. Below, our expert Auffenberg Ford Belleville team will cover the ins and outs of used car leasing.

Used Car Leasing Facts

Most manufacturers only offer used car leasing through their CPO programs. So, can you lease a used car at Auffenberg Ford Belleville? When you shop with us, you’ll have access to both new and used Ford leasing, making it easier than ever to find your dream ride for less. Whether you opt for a CPO option or a new Ford, you can expect extreme quality. Ford CPO models must be seven years old or newer with fewer than 85,000 miles on the odometer, so you know you’re securing a reliable ride.

No matter where you shop, you’ll need to visit a franchised dealership to lease a used car. Other automakers that offer used car leasing include 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?

Leasing a CPO model follows a very similar process to leasing a new car. The difference between the price of the vehicle and the estimated value at the end of the lease term will set your monthly lease payment.

This is a major benefit of used car leasing, as used cars depreciate slower than new vehicles. This means you’ll enjoy a lower monthly payment. Like with a new car lease, you’ll simply return the vehicle to our dealership near Columbia at the end of the term, and you’ll need to stay in line with your mileage limit and other agreements.

Benefits of a Used Car Lease

• Monthly Payment Amount: As mentioned above, leasing a used car can help you save money on your monthly bill.
• Potential for Lease Buyout: If you fall in love with your vehicle during the course of your lease, you can pursue an affordable lease buyout.
• Lower Insurance Rates: Since insurance rates are partially based on vehicle value, you can save on your coverage when you lease a CPO model.

Contact Us With Questions About Leasing

Have lingering questions about leasing a used car near Mascoutah? Contact us for more information on how the process works! Our financiers are always here to help you secure your dream ride for an attractive price. Visit us in Belleville today to explore our inventory.