Can You Lease a Used Car?

In most cases, car manufacturers only allow certified pre-owned vehicles to be leased. Generally, CPO vehicles are low-mileage and must have been produced within a few years of the latest models. Along with that, CPO vehicles come with strong warranty backing and are in pristine shape. That said, to secure the keys to a CPO model lease, you’ll need to visit a certified dealership like the ones within our Serra Traverse City auto family.

The National Automobile Dealers Association (NADA) lists the following manufacturers as brands that offer CPO leasing: 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.

If you’ve leased a new car, then you’ll be familiar with the process of leasing a CPO model. Since the difference between the sale price of the vehicle and its estimated value at lease end sets your payments, you’ll be able to budget for your monthly car bill comfortably.

Just like leasing a new car, at the end of your term, you’ll return your lease to our dealership. Our team will evaluate the vehicle to ensure you adhere to your mileage limits and the other conditions of your lease agreement.

Leasing a used or certified pre-owned vehicle appeals to many drivers who want value, flexibility, and predictable monthly costs. If you’re considering this route, here are a few benefits that tend to stand out:

• Monthly Payment Amount: Leasing a CPO model often feels easier on your budget compared to leasing or buying something brand-new.

• Potential for Lease Buyout: Since the vehicle has already undergone its first years of depreciation, the buyout price at the end of your term can be surprisingly affordable. Many drivers decide to keep the vehicle because the numbers make sense.

• Lower Insurance Rates: Insurance is tied closely to vehicle value. A pre-owned model typically costs less to insure, giving you a little extra breathing room in your monthly budget.

These advantages make used car leasing an appealing middle ground for anyone who enjoys newer features and manageable costs without a long-term commitment. If you’re looking for innovative ways to upgrade your daily drive, this path is definitely worth exploring.

Take a look at our certified pre-owned inventory and you’ll find plenty of dependable options ready for everyday driving. Each vehicle goes through a careful inspection, so you can feel good about what you’re choosing. Browsing online is simple—you can sort by price, features, or body style and quickly narrow things down.

You’ll often see favorites like:

• Honda

• Toyota

• Jeep

• Chevrolet

• Ford

When a model stands out, you can review photos, specs, and history, then schedule a test drive whenever you’re ready.