Can You Lease a Used Car?

Woman Standing Outside of Car With Keys

Are you ready to trade in your current vehicle for a quality used vehicle sure to enhance your Oshkosh commute? If you’re on a tight budget, consider a used or certified pre-owned vehicle at our Wisconsin dealership. If you’re not ready to commit to purchasing a new vehicle, you may be debating between getting a lease vs. buying and even wondering, “Can you lease a used vehicle?” Used car leasing is offered by a very limited number of leasing companies.  Learn more about how to lease a used car from the experts at Holiday Automotive.

Used Car Leasing Facts

Yes it is technically possible to lease a used vehicle.  But, the reality is that it’s very rarely advantageous.  Most automotive leasing companies and banks do not offer leasing on used vehicles. It was once relatively popular, but many of the advantages of vehicle leasing disappear when you lease a used vehicle and you could often lease a new vehicle for the same or lower payment than a similar used vehicle.  The main reason for this is lower interest costs on new vehicles versus standard rates on used vehicles. Other variables that increase the advantage of new vehicle leasing is that you (and the leasing company) get the benefit of new tires, new brakes, new warranty, etc.  so there is less risk in new vehicle leasing versus one that has had some of its life used-up.

Some manufacturers will allow Certified Pre-Owned vehicle leasing.   If you’re interested in leasing a CPO vehicle, our team at Holiday Automotive near Sheboygan has you covered!

How Does Used Car Leasing Work?

Interested in learning how to lease a car? The process of leasing a pre-owned vehicle isn’t much different than leasing a new vehicle.

Learn More About How to Lease a Used Car at Holiday Automotive

Have additional questions about used car leasing? Contact us at your earliest convenience. Our friendly finance team will help you secure the financial package that fits within your budget.

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Holiday Automotive 43.7877556, -88.4874357.