Can You Lease a Used Car?

Couple talking with salesman

The short answer is yes, you can lease a used car – if you can find a bank or lending institution in the Mesa area who still provides used car leasing. While it’s not the most common practice, some dealerships may offer used car leasing on certified pre-owned vehicles like our used Nissan vehicles with very low mileage. But oftentimes, those same dealerships structure their lease prices so that leasing a used car costs almost as much leasing a new car. At Cactus Jack's Auto of Phoenix, we like to enable our customers to make informed choices, so let’s talk about used car leasing and if it’s right for you.

The Benefits of Used Car Leasing

Leasing a used car can provide Avondale and Tucson drivers a way to get into a high-quality used vehicle for less, as well as other benefits like:

  • With lower upfront costs and monthly payments, leasing a used car can be an affordable alternative to buying.
  • Lease vehicles also usually come with warranties that can cover maintenance costs that arise, as long as you don’t go over your mileage limits.
  • You’ll often have the option to buy your vehicle at the end of your lease.
  • Used vehicles are often less expensive to insure than newer models.
  • If you love the car you leased, you can buy out your lease and own it outright.

Used Car Leasing vs. Buying

The question is really not can you lease a new car but should you. While leasing a used car may be right for some, buying has the following advantages over a used car lease:

  • You don’t have the option to personalize or customize your vehicle.
  • If there is more wear and tear on the car at the end of the lease than what the lender thinks there should be, you will be charged a fee.
  • Leasing limits the number of miles you can put on the vehicle in a month. If you’re on the road a lot in Glendale and beyond, leasing may not be the best fit.

Stop by Cactus Jack's Auto Today for You Used Car Needs!

Hopefully, this has helped you decide whether used car leasing is right for you. If not, Cactus Jack's Auto has some great financing options available. Before you decide, drop by and talk to the knowledgeable staff in our center. While you’re there, take a look at our used car dealer specials or check out our entire inventory. Was your car recently repossessed? Read our guide to see what your next steps should be. We’re located conveniently near Glendale, so stop on by!

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2440 W Camelback • Phoenix, AZ 85015

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Cactus Jack's Auto 33.5101018, -112.1115231.