Can You Lease a Used Car?

Leasing a used car isn’t common, but it’s possible sometimes in the right circumstance. Used cars that can be leased are usually part of a certified pre-owned program, and the only brands that don’t offer used leases by policy are Ford, Buick, Chevrolet, Cadillas, and GMC. Want to learn more about leasing a used model? Contact us and talk to our finance center for all your leasing needs in the Hudson area.

Used Car Leasing Facts

Looking for lower monthly payments with the same lease freedom? A used car lease might be a smart choice. Make sure you consider the following information, however:

  • Which Used Cars Can Be Leased? – Most used car leases are only available with certified pre-owned vehicles, and used lease prices may not be advertised.
  • Used vs. New Car Lease – A used car lease will usually cost less than new car monthly lease payments, but offer many of the same benefits. You’ll still need to return the vehicle after the lease term is up, and you’ll still need to meet mileage limits.
  • Can I Buy a Used Car After I Lease? – If a dealership offers used car leases, it’s safe to assume you’ll be able to purchase the car after the lease is up. That gives you a lower residual value than performing a lease buyout on a newer model.
  • Insurance for a Leased Used Car – Insurance costs are partly dictated by the value of the car. It’s possible that you could pay less per month for insurance with a CPO lease.

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

Learn More About Leasing

Explore lease specials offered by Bernard's Chrysler Dodge Jeep Ram on Chrysler, Dodge, Jeep, RAM models today. Questions about used car leases or lease contracts? Feel free to contact us at 715-318-5576. We’re well within driving distance of Amery and Minneapolis! We can also help you go over your insurance options like gap insurance when you work with us! We can also help you with all of your used car questions, like knowing what is good mileage for a used car. Hopefully, you’re ready to search for a used Jeep Cherokee, or any other used Dodge, Chrysler, or RAM vehicle with us.

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Bernard's Chrysler Dodge Jeep Ram 45.1350627, -92.5321338.