Can You Lease A Used Car?

2020 Nissan Altima Driving

Thinking about upgrading your drives in Rancho Cucamonga and the neighboring regions on a limited budget? The used and certified pre-owned vehicles for sale at Empire Nissan near Fontana are fantastic choices. But what does it mean to lease a used car? Many manufacturers offer used car leasing, although it is typically less advertised than new car leasing. Join the team at our Ontario dealership as we break down whether you can lease a used car or not and how the process works.

What Does It Mean To Lease A Car?

Manufacturers generally restrict used car leases to certified pre-owned (CPO) vehicles. To qualify for leasing, CPO vehicles typically must be less than four model years old and have fewer than 48,000 miles. Because only franchised dealerships offer certified pre-owned vehicles, you will need to visit one. Do you live far out near Corona or Montclair and can’t find a franchised dealership? Rest assured that driving into Empire Nissan is worth it if you are looking to lease a certified used car. According to the National Automobile Dealers Association (NADA), the list of manufacturers that offer CPO leasing includes Nissan.

How Can You Lease A Used Car?

Leasing a certified used vehicle follows a process similar to that for new vehicle leases. The difference between the vehicle’s sale price and its estimated value at the end of the lease determines the monthly lease payment.

 

This benefits shoppers—used cars depreciate more slowly than new cars, so the difference between the sale price and the estimated lease-end value will be smaller, and your monthly payments will be lower.

 

As with a new car lease, when your CPO lease ends, regardless of whether you live right next door to the dealership or far out past San Bernardino in another state, you will need to return it to the dealership. There will also be mileage limits you will need to adhere to.

Lease A Pre-Owned Vehicle At Our Ontario Dealership

Ready to experience all the benefits that come with a used Nissan lease? Don’t hesitate to call us at 909-740-6712. Our knowledgeable financiers are excited to help you find the most advantageous car-buying solution to fit your unique needs.

 

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