Can You Lease a Used Car?

At Norm Reeves Honda Superstore Cerritos, we’ve helped countless drivers in Cerritos, Los Angeles, and Long Beach find the right car and make the right decision when it’s time to find a set of wheels. We’re happy to list all the different options with purchasing a new or used car, or even leasing a car. However, we’ve been asked by drivers several times, “Can you lease a used car?”

We’re here to help you learn about your leasing options and whether or not it applies to your favorite used car!

The Process of Leasing a Car

Leasing a car is a great option for drivers who need a vehicle but aren’t ready to commit to a purchase. The lease provides you the opportunity to have a vehicle to help you get around for a specific period of time, usually three years, and after the lease is up, you can easily walk away or even purchase the vehicle. But while there are several notable advantages to leasing a vehicle, there are some factors that you’ll want to be aware of. You’re given a set mileage for the duration of your lease. If you exceed the mileage, you’ll have to pay for each mile over your limit when you turn in your lease. The vehicle will also need to be in pristine condition with no scratches or dents when you bring it back to the dealership.

Leasing a Used Car

You can actually lease a used car. However, the only used cars that are available for leasing are certified pre-owned vehicles. These models cost less than new cars, and that will factor into the lease. The vehicle even has a lower depreciation rate, so at the end of your lease, you’re not taking a huge loss. Leasing a certified pre-owned vehicle can actually save you money than if you had leased a new car. The interest rate usually remains the same, but factor that in with the used sale price, and you’ll be looking at an affordable and reliable leasing option.

Why Lease a Certified Pre-Owned Honda?

At our dealership, we have an extensive selection of certified pre-owned Honda models that you can lease. These cars have less than 80,000 miles on them, and they’re required to be less than six years old and pass a 182-point inspection. These models also come with some notable warranties, including the 12-month/12,000 Mile Limited Warranty and the 7-year/100,000 Mile Powertrain Warranty. They even come with 24 Hour Roadside Assistance which includes towing, lock-out assistance, battery jump-starts, tire changes, and even emergency fuel delivery.

Browsing Your Used Car Lease Options

Now that you know that you can lease a used car at our dealership, you’re ready to get started on your journey. The benefit of leasing a certified pre-owned Honda is that you can have a vehicle to rely on for a few years, and at the end of the lease, you can decide to purchase it and enjoy the benefits of having a high-quality used car at your disposal.

At Norm Reeves Honda Superstore Cerritos, we’re happy to help drivers in Cerritos, Los Angeles, and Long Beach by answering their questions and providing the necessary assistance when it’s time for them to seek out the right car.