Can You Lease a Used Car?

Wiping Down Leather Seat

Are you ready to upgrade your Collinsville commute? If you’re shopping on a tight budget, used or CPO models offer great opportunities to save. If you’re attracted to the sticker price that comes with shopping used but you’re not quite ready to buy, you might ask, “Can you lease a used car?” Yes! You can lease a used car. Here at Auffenberg Nissan, we offer a generous selection of pre-owned models that are eligible for leasing. 

Typically, used car leasing is offered by manufacturers, but is less well known than new car leasing. In our guide below, we’ll discuss the pros and cons of used car leasing to help you decide if this is the right method for you. Read on below to learn more!

Used Car Leasing Information

Most auto manufacturers only offer CPO models for used car leasing. For Nissan, that means you’ll secure a vehicle with 80,000 miles or fewer and one that’s six model years old or newer. So, you can take on your commute from Fairview Heights to Granite City with peace of mind when you lease with Auffenberg Nissan. When leasing a used car, you’ll need to head to a franchised dealership to grab the keys of a CPO model. 

So, can you lease a used car with Nissan? According to the National Automobile Dealers Association (NADA), automakers that 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?

If you’re familiar with leasing a new car, then used car leasing will feel quite familiar as they follow the same basic process. Take the difference between the end of the lease value and the sale price to determine your monthly payment for your lease. This is great news, as used cars have a slow rate of depreciation, meaning with a used car lease, your payments will be more affordable

At the end of the lease term, you’ll simply return to our Shiloh dealership with your vehicle. As long as the requirements of the contract were adhered to, you’ll be in and out in minutes at lease-end!

Benefits of a Used Car Lease

  • Monthly Payment Amount: As we discussed above, leasing a used car will bring incredibly affordable monthly payments. 
  • Potential for Lease Buyout: If you decide you’d like to keep the vehicle you’re leasing, you can discuss a lease buyout with our team.
  • Lower Insurance Rates: You may be able to secure more affordable insurance coverage when leasing a used car since vehicle value is a factor in the cost of insurance. 

Turn to Auffenberg Nissan to Learn More

Still curious about the process of leasing a used car? Contact us today to get the information you need to make an informed decision on your automotive upgrade. Our finance team is standing by to help you secure the keys to your dream ride. 

 

More from Auffenberg Nissan

  • 2023 Nissan Pathfinder Configurations & Price

      When it’s time to trade your car for a spacious and family-sized SUV, the 2023 Nissan Pathfinder is a top choice for many Collinsville families. You can expect lots of interior space, smooth handling, lots of cargo room for groceries and school projects, and safety technology to keep you and your loved ones protected…

  • What is the 2022 Nissan Titan Towing Capacity?

      When you’re in need of a new pickup truck for your Collinsville job sites or weekend adventures, you should check out the new Nissan Titan or the Nissan Titan XD. Built with powerful 5.6L engines, the Titan towing capacity can reach 9,320 pounds* while the Titan XD towing capacity can reach 11,060 pounds. Get…

  • 2022 Nissan Pathfinder Seating

    One of the most common questions we at Auffenberg Nissan receive from Auffenberg Nissan about the 2022 Nissan Pathfinder is, “What is the Nissan pathfinder seating capacity?” The 2022 Nissan Pathfinderseating capacity offers space for eight people. It also provides plenty of room for your gear during those adventures beyond Collinsville with up to 79.8 cubic feet…

Search
Contact
Glovebox
Search
Contact Us
Glovebox
Auffenberg Nissan 38.5962638, -89.9565252.