Can You Lease a Used Car?

March 8th, 2019 by

line of cars parked in a row

The majority of leases are offered on new vehicles, but leasing a used car isn’t out of the question. If a dealership decides to lease pre-owned models, these vehicles will probably be part of the certified pre-owned program, because they want to lease newer models that are in better condition. Contact your local authorized dealership to find out if they offer used car leases near Conway.

Used Car Leasing Facts

Currently, there are a few brands that explicitly don’t lease used models: Ford, Buick, Chevrolet, Cadillac, and GMC. If you are considering other brands like Chrysler, Jeep, Wagoneer, leasing can be a smart choice because of the generally low monthly payments more options after the lease term ends.

  • Where Can I See Used Car Lease Offers? Used car lease prices may not be advertised on a dealership’s website, so to explore all your options it’s a good idea to call the dealer to find out.
  • Used vs. New Car Lease – A used car lease is usually less expensive with lower monthly lease payments than a new car lease, but you can still take advantage of leasing benefits. You can return the vehicle after the lease term is up but will still have mileage limits constraints.
  • Can I Buy a Used Car After I Lease? – You can typically have the option to purchase your used vehicle after the lease is up, and since the vehicle cost less in the first place, purchasing it after the lease will be less expensive.
  • Insurance for a Leased Used Car – Insurance costs are partly dictated by the value of the car. It’s possible, which means that your insurance monthly payments could be lower with a CPO lease.

While maintenance costs tend to be higher on a certified pre-owned car, dealers often include an extended warranty that covers many important components.

Rely on Myrtle Beach Chrysler Jeep for Your Next Vehicle

Check out our pre-owned vehicle specials, or if you decide you prefer a newer model, explore our current lease specials and offers and incentives near Surfside Beach. We’ll even help you decide between used vs. CPO options. Feel free to reach out to our finance center if you have any more questions about taking home your next vehicle.

Learn More at Myrtle Beach Chrysler Jeep

  • 2024 Jeep Wrangler Colors

      It’s no secret that color is one of the first things most people notice about any vehicle. Given this level of importance, it only makes sense to choose a vehicle color that embodies your sense of style and captures your unique personality. The 2024 Jeep Wrangler colors offer something for every taste, ensuring your…

  • 2023 Jeep Wrangler 4xe Towing Capacity

    Combining open-air driving experiences, that classic Jeep customization, and the ability to take your show off the road, Myrtle Beach Chrysler Jeep is proud to announce that we’ve got the Jeep Wrangler 4xe as part of our new vehicle roster. We want you to know about the Jeep Wrangler 4xe towing capacity, which can achieve up to 3,500…

  • 2023 Chrysler Pacifica Gas Mileage

      This one-of-a-kind minivan is here to show you that you don’t have to sacrifice for plenty of spac and features. Whether you choose the FWD or AWD version of the Chrysler Pacifica, you’re still getting great gas mileage. Conway drivers can look forward to an EPA-estimated 19 city and 28 highway Chrysler Pacifica mpg…

Posted in Buying & Selling