Can You Lease A Used Car?

February 6th, 2019 by

hand holding car keys

If you are thinking about leasing a vehicle in Ballwin, leasing a used car is a unique option that a few dealerships do offer. The used vehicles chosen for lease have usually been selected from the dealer’s certified pre-owned program inventory, to ensure a worry-free lease with simple routine maintenance. Currently, the automotive brands that specifically don’t offer used cars for lease include: Ford, Buick, Chevrolet, Cadillac, and GMC. To find out about pre-owned leasing options near Ladue, contact BMW of West St Louis!

How Used Car Leasing Works

The great price of a used car and lease benefits like low monthly payments and flexible options might be the perfect combination for you. Here are some key things to know about used car leasing:

  • Which Used Cars Can Be Leased? – Most used cars that dealerships lease are certified pre-owned vehicles. Even if you don’t see a lease price listed on a used vehicle online, be sure to contact your local dealer directly and ask, as used car leases aren’t always 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 you secure a used vehicle lease, you usually have the option to purchase after the lease term ends, and due to the lower price of used vehicles compared to their new counterparts, this purchase will usually cost less.
  • Auto Insurance for a Leased Used Car – Since the cost of insurance is partially influenced by the vehicle’s value, the lower price of a used vehicle might mean that your monthly insurance rate will be lower than if you leased a new car.
  • What are Used Vehicle Maintenance – Although owning a used car usually means higher maintenance costs, leases may include an extended warranty that covers many important components.

Rely on BMW of West St Louis for Your Leasing Needs

At BMW of West St Louis you can take advantage of rotating lease deals and incentives for new BMW models, which may influence your decision. Don’t hesitate to contact our Finance Center if you have any questions about certified used cars, leasing, what liability insurance covers, or schedule a test drive in a new or used model near Des Peres!

Learn More at BMW of West St Louis

  • 2020 BMW X7 Price & Configurations

    The 2020 BMW X7 is a three-row Sports Activity Vehicle® that starts at $73,300 MSRP and comes in three different configurations for Ballwin shoppers. Explore BMW X7 prices and configuration options below, then contact BMW of West St Louis to schedule a test drive of your favorite X7 trim! Explore the X7 View Inventory BMW Lease Offers 2020 BMW X7…

  • BMW X5 Accessories

    With the high-quality BMW accessories at BMW of West St Louis, your local authorized BMW center, both Ballwin and Ladue drivers can get the parts and accessories that will enhance the cabin, protect the exterior, and upgrade the tech in their BMW X5, or other BMW model. Learn more about the BMW X5 accessories available and make your way…

  • What is the Towing Capacity of the 2019 BMW X3?

    The 2019 BMW X3 can tow up to 4,400 pounds. That’s plenty of power for most Ladue drivers. Learn more about the towing, payload, and performance capabilities of the exciting new X3 before stopping by BMW of West St Louis to set up a test drive. Learn More BMW X3 for Sale BMW X3 Towing Features The 2019 BMW…

 

Posted in Lease