Types of Used Cars You Can Lease

It is completely possible to lease a used car—and a high-quality one, at that. When you visit a dealership seeking to lease one of their pre-owned vehicles, they will be happy to show you their inventory.

You may also be ushered to their selection of certified pre-owned (CPO) cars. CPO vehicles are cars, SUVs, vans, and trucks that have gone through a rigorous inspection and reconditioning process to be brought back to a like-new state. Any parts that required repair or replacement have received the care they needed. Additionally, the interior and the exterior of the vehicle are in top-notch shape, so you can feel proud showing off your ride and inviting other passengers inside. 

Plus, only vehicles from certain years and with specific mileage amounts are awarded the certified pre-owned label. For instance, CPO Hyundai models can be no more than five years old and must have no more than 60,000 miles on the odometer. So, in many ways, your CPO car will come with many like-new benefits. 

Benefits of Leasing a Used Car

The advantages of leasing a used car parallel many of the benefits of new cars. For instance, you get to enjoy the model of your dreams, without the commitment that financing requires. More specifically, leasing a used car can give you more financial liberties to choose a higher trim or a newer model. 

Many CPO vehicles are only one year old or newer, so you can still take advantage of the latest features and technologies, without paying a premium price.  

How to Lease a Used Car 

Leasing a used car follows the same basic procedure as leasing a brand-new one. You’ll be making monthly payments on the used car of your choice for a set period. You will also have a yearly mileage limit; however, the specific amount is negotiable. 

Before deciding which used car you want from a dealership, you should reach out to an agent and make sure they offer the used car leasing options you’re looking for. Once you confirm that the dealership is right for you, you can move on to the fun part—testing out the vehicles you’re interested in. 

Once you settle on the used car that you want, all that’s left to do is speak with an agent, choose the right leasing plan, and grab your keys.