Can You Lease A Used Car?

Cadillac SUV driving on rural road

Not long ago, it would have been impossible to lease a used or certified pre-owned Cadillac. However, for drivers asking, “Can I lease a used car?” today, we’re happy to deliver some good news. Many certified pre-owned Cadillac models (along with other used cars) are currently available to lease, and you can find the model that’s right for you by checking out the pre-owned inventory at our dealership near South Jersey, NJ.

Once you’ve found a used model with everything you need, contact us online or give us a call to find out if it’s available to lease.

Used Car Leasing Facts

It’s important to know the ins and outs of used car leasing before you commit to a contract. Here’s what you should keep in mind when you’re getting ready to sign on the dotted line:

  • Which used cars are available to lease? As we noted above, drivers interested in leasing a pre-owned Cadillac will have to opt for a certified pre-owned model. Other makes may have different restrictions, but this generally holds true for most manufacturers.
  • What’s the difference between new and used car leasing? One of the advantages of leasing a new car is that the vehicle will be under warranty for the entire time that it’s in your possession. Although our CPO vehicles also come with a Cadillac warranty, make sure to read the fine print before you commit.
  • Can I buy the used car after my lease is up? Check your contract! A lease buyout will usually be among your lease-end options, but the price will most likely be agreed upon at the time of signing.
  • Will you still need insurance for a leased used car? Yes, almost certainly. However, since the total cost of insurance is partially determined by the value of the car you’re insuring, you might pay less than you would if you chose to lease new.

One of the main reasons that drivers choose to lease instead of buying has to do with escalating repair costs as the vehicle ages. If you’d like to buy, but you’re worried about the money you’ll spend on repairs, consider an extended warranty.

Learn More About Leasing

Although used car leasing can help you lower your monthly payment, it might not be the best option for every driver. If you want to save while pursuing full ownership, consider checking out our pre-owned vehicle specials too! While you’re at it, you might even want to look for great new car lease deals in our rotating list of Turnersville offers. Remember, we’re just a short drive from Mount Laurel, NJ or Philadelphia, PA.