Can You Lease a Used Car?

Lease Agreement

Are you considering making a change to your driving routine? If your commute from Norwood to Braintree needs a refresh, shopping pre-owned is a great way to save. But, what do you do if you want to save with a pre-owned model but aren’t ready to commit to a purchase? Can you lease a used car? Used car leasing is offered by a number of car manufacturers, so it is a possibility! Below, you can review a few shopping tips to see if opting for a pre-owned lease is the right move for you!

Used Car Leasing Facts

Generally, car makers only allow for certified pre-owned vehicles to be leased. Usually, these vehicles are low mileage, newer, and meet quality standards. For Volkswagen, each CPO model is held to strict standards and comes with a CARFAX® Vehicle History Report™. That means you’ll need to work with an authorized dealership if you’re interested in used car leasing.

Can you lease a used car from Volkswagen? Yes, you can! According to the National Automobile Dealers Association (NADA), the list of manufacturers which are said to offer CPO leasing includes Acura, Audi, BMW, Chrysler, Dodge, Ferrari, FIAT, Honda, Hyundai, INFINITI, Jeep, Kia, Lexus, Lincoln, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Porsche, RAM, Toyota, Volkswagen, and Volvo.

How Does Used Car Leasing Work?

Leasing a CPO vehicle from our dealership near Hanover essentially follows the same process as leasing a new model. Your monthly payment will still be determined by the difference between the sale price of the vehicle and its estimated lease-end value. This is a great benefit! Since used models depreciate slowly, used car leasing is incredibly affordable.

Once your lease is up, you’ll visit our dealership in Brockton to discuss your lease end options. Our team will also inspect your vehicle to ensure the quality is sound and that you’ve stuck to your mileage limits.

Benefits of a Used Car Lease

  • Monthly Payment Amount: As previously mentioned, leasing a used car brings a much lower monthly bill than shopping new.
  • Potential for Lease Buyout: Since you’re dealing with a used car, the estimated value at the lease end will be relatively low. This makes it more affordable to buy out your lease!
  • Lower Insurance Rates: Car insurance rates are based largely on the value of the vehicle being covered. As such, coverage on used cars is quite affordable!

Contact Us With Used Car Leasing Questions!

At Silko Volkswagen, we’re here to help with all of your automotive needs. From answering questions like “Can you lease a used car?” to helping you explore lease takeovers, we have your back! We can even teach you how to pay off your car loan early if you’re looking to move on from financing and sign up for a VW lease! Contact us for all of your questions and concerns.

 

More from Silko Volkswagen

  • 2024 Volkswagen Atlas Configurations

      Are you ready to get more out of every Brockton drive? Then you’ve got to take a closer look at the 2024 Volkswagen Atlas trim levels. Even the most accessible models in the lineup come equipped with synthetic leather seating surfaces and a 12-inch touchscreen. If you can believe it, this VW SUV only…

  • 2024 Volkswagen Atlas Interior Features

      2024 Volkswagen Atlas Interior The Volkswagen Atlas is a versatile three-row SUV that’s popular among drivers in Hanover and the surrounding areas. Whether you need a large SUV to accommodate carpool needs, weekend adventures, or anything else, the Atlas could be your ideal new ride. To help you make a buying decision you are…

  • 2024 Volkswagen Atlas Cross Sport MPG Ratings

      2024 Volkswagen Atlas Cross Sport MPG Ratings The 2024 Volkswagen Atlas Cross Sport just might be the perfect compact SUV for families who are always on the move. It’s spacious and well-equipped, and stylish too. Even more importantly, it offers plenty of get-up-and-go without compromising on fuel economy! So, how many miles per gallon…

Saved Vehicles

You don't have any saved vehicles!

Look for this Save icon

Once you've saved some vehicles, you can view them here at any time.

Garage

Your garage is empty.
Save some vehicles to get started!
Silko Volkswagen 42.0560365, -71.0612884.
" "