Can You Lease a Used Car?

January 4th, 2019 by

Man Driving MINI Convertible with California License Plate

Leasing a used car isn’t common. However, some dealerships do offer it. Generally, used car leases are part of a certified pre-owned program. As of this writing, there are only a few brands that don’t offer used car lease contracts: Buick, Cadillac, Chevrolet, Ford, and GMC. If you’re interested in leasing a used model, you’ll want to contact MINI of Santa Monica, located in the greater Los Angeles area.

Further Info About Used Car Leasing

Leasing a used car isn’t a bad idea. Why? You’ll get low monthly payments, among other benefits. If you’re looking to learn more about used car leasing, read on to find out:

  • What Type of Used Cars Can I Lease? – Used car leases, generally speaking, are only available for certified pre-owned vehicles. Used car lease prices are often not advertised, so you’ll want to reach out to us to see if it’s a possibility.
  • Leasing a Used Car vs. Leasing a New Car – Leasing a used car will generally cost less than leasing a new car. Both offer similar benefits and requirements, though – for example, you will need to return the vehicle after the lease contract is up.
  • Can I Buy a Used Car After I Lease It? – If your Los Angeles-area dealership offers used car leases, then it’s a safe bet that you’ll be able to purchase the car after the lease is up.
  • How Does Insurance Work for a Leased Used Car? – Since insurance costs are largely dependent upon the value of the car, your insurance costs will likely be cheaper on a used car lease.

Learn More About Leasing and Explore Our Lease Deals Here!

At MINI of Santa Monica, we’re more than just a car dealership: we’re your leasing and financing resource. While we may not have used car leases marked onsite, we do offer plenty of new car leases that are as cheap as used car leases. Explore our MINI lease levels below to see which MINI lease deal comports with your budget:

Have any questions – or do you want to schedule a test drive in one of our many new or used MINI vehicles? Complete this easy-to-use and secure form from the comfort of your Mar Vista home. One of our associates will be in touch with you shortly.


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Disclaimer:

New vehicle pricing includes all offers and incentives. Tax, Title and Tags not included in vehicle prices shown and must be paid by the purchaser. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at (424) 581-6464 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 5.9% interest and 20% downpayment.


Posted in Buyer's Guide, Tips