Can You Lease a Used Car?

December 20th, 2018 by

young couple getting keys

While some dealerships offer used car leasing, it is not a common practice. These vehicles tend to be part of a certified pre-owned program. For questions about leasing a used model equipped with advanced safety features like Lane Departure Warningcontact Muller Honda Pre-Owned, serving Chicago and the surrounding communities.

Used Car Leasing Facts

If you’re looking for the flexibility and lower monthly payments commonly associated with a lease, a used car lease could be a great option for you. Here are some important points to consider:

  • Which Used Cars Can Be Leased? – Typically, used car leases come from a dealer’s certified pre-owned program. Contact Muller Honda Pre-Owned directly to see if there are any available options today.
  • Used vs. New Car Lease – The biggest benefit to a used car lease is a lower monthly payment than new, though the same mileage and term limits will still apply.
  • Can I Buy a Used Car After I Lease? – Once you’ve found a used car lease, chances are you’ll be able to purchase at the end of your term. This will afford you lower residual value than taking on a lease buyout on a newer model.
  • Insurance for a Leased Used Car – As with all cars, the insurance cost will vary based on the model itself, though it is possible you could find a lower rate with a used lease when compared to a CPO lease.

Another thing to consider is that while maintenance costs tend to be higher on a certified pre-owned car, the included extended warranty helps covers many important components.

Learn More About Leasing

Visit Muller Honda Pre-Owned to explore the lease deals and incentives offered on certified pre-owned Honda models today, like a used Honda HR-V. We’re here to help with all your questions about used car leases and lease contracts, so feel free to contact us at (847) 831-4100. We’re located just a short trip from Gurnee, so stop by today.

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Posted in Pre Owned