Can You Lease a Used Car?

While it is possible to find used car leases offered at dealerships in the Asheville area, it isn’t always common. Generally, used car leases are only offered on certified pre-owned vehicles, but brands such as Ford, Buick, Chevrolet, Cadillac, and GMC don’t include lease options on their CPO vehicles. If you’re interested in leasing a used car, truck, or SUV, contact us at Apple Tree Honda to find out about your options.

Used Car Leasing Facts

A used car lease is attractive to some Hendersonville drivers, and it can be a great choice if you’re looking for low monthly payments and the freedom that a lease provides. Here are some important facts about used car leasing:

• Which Used Cars Can Be Leased? – Most used car leases are available on certified pre-owned vehicles. Often, used lease prices aren’t advertised, so it’s a good idea to contact the dealership to find out if it’s a possibility.
• Used vs. New Car Lease – A used car lease offers many of the same benefits as a new car lease, but at a more affordable price. Like leasing a new car, you’ll still need to keep within the mileage restrictions and be prepared to return the vehicle after the lease term is up.
• Can I Buy a Used Car After I Lease? – If a dealership offers used car leases, it’s safe to assume that you’ll be able to purchase the car when the lease expires. You can also take advantage of a lower residual value than a lease buyout on a newer model.
• Insurance for a Leased Used Car – It’s possible that you’ll pay less for insurance with a CPO lease, as insurance rates are partly determined by the value of the car.

Maintenance costs tend to be higher on used cars, but a certified pre-owned vehicle often includes an extended warranty that covers many important components.

Learn More About Leasing

Learn more about the benefits of the Honda Certified Pre-Owned program, and explore our certified pre-owned vehicles for sale. We offer a wide variety of used vehicle specials, and in our vast used car inventory, you’ll find a great selection of used vehicles that are priced under $10,000. If you’re interested in a new Honda, make sure to take a look at our Vehicle Exchange Program. Whether you wish to buy or lease, feel free to give us a call at (828) 684-4400 if you have any questions. We can also help you learn about what liability insurance covers and what’s good mileage for a used car. We’re conveniently located just a short trip from Johnson City so come see us today!