Leasing a used vehicle can be a good option, but it can also be a bad idea if you do not understand the process. It is a good idea when the vehicle is relatively new and in good condition. Little repair work will be necessary and the vehicle is likely still under factory warranty. If the vehicle is much older, though, or has any damage or problems, it is not a good option.
Be careful about leasing a used vehicle that is off warranty! The maintenance costs can add up very quickly.
With a used vehicle, maintenance costs and repair work become much bigger issues, as you are still financially liable for any damage and problems with the vehicle at lease-end. Another option is to simply assume an in-process lease on a vehicle. In-process leases are available on low mileage, late model vehicles, and no down payment is necessary.
Back to Shopping for Your Lease