Can You Lease a Used Car?

man and woman with car salesman

While used car leasing isn’t the most common purchase method, many Austin drivers often wonder, “Can you lease a used car?” Currently, there are a handful of brands where used car leasing isn’t possible including, Ford, Buick, Chevrolet, Cadillac, and GMC. If you are interested in leasing one of the used cars available at Covert Chrysler Dodge Jeep Ram, get in touch with our finance center to discuss your options. Below you can find more information on how used car leasing works!

Used Car Leasing Facts

Savvy Round Rock shoppers know that both used car shopping and lease agreements can lead to tremendous financial benefits. If you aspire to match the two, read these key facts about used car leasing. 

  • Which Used Cars Can Be Leased? – In most cases, the option to lease a used car is reserved for certified pre-owned models. Due to the uncommon nature of such an agreement, it is best to get in touch with us to inquire about pricing. 
  • Used vs. New Car Lease – A lease agreement for a used car will almost always be more affordable than a new car lease, but both options offer the same major benefits. Either new or used, a lease deal makes it easy to trade-in and trade-up at the end of your term. 
  • Can I Buy a Used Car After I Lease? – If you fall in love with your used model during your lease term, you can always request the option to buy once the lease is up!
  • Insurance for a Leased Used Car – Insurance costs are based in part on the value of your vehicle. So leasing a used car will help save on insurance costs too!

Maintenance can be a bit more expensive in some cases when you opt for a certified pre-owned model. However, many agreements offer extended warranty coverage to help defer the costs of car repair and maintenance.

Find Your Dream Ride With Covert Chrysler Dodge Jeep Ram

Now that you can answer “Can you lease a used car?” and you know about the benefits of used car leasing, turn to Covert Chrysler Dodge Jeep Ram to find your fit. Our team will help you find the perfect model for your lifestyle and budget. If you are looking for even greater savings, explore our used cars priced under $10k. No matter your price range, financial status, or credit history, our team will work with you to secure a reliable set of wheels for all of your Cedar Park adventures. Contact us today to learn more!

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