Can You Lease a Used Car?

Shopping for your next Mount Vernon commuter on a budget? Whether it’s the used Chevy Suburban or used Chevy Traverse, or a luxury used Mercedes-Benz SUV, when you shop the used inventory at Victory Mitsubishi, you’ll enjoy choosing from a vast selection of high-quality pre-owned vehicles that have undergone a thorough inspection before they hit the lot. Wondering if you can lease a used car? Here at Victory Mitsubishi, the answer is yes – even if you have bad credit! Learn more about the benefits of leasing a used car with our Bronx dealership, below.

Advantages of Used Car Leasing at Victory Mitsubishi

Our used car leasing program delivers the following benefits to New Rochelle area shoppers:

• No Cash Required at Signing – When you lease a used car with us, there is zero down payment and zero security deposit required. Think of what you can do with that money saved! What’s more, you can delay your first payment for up to 60 days.

• Save 40 – 50% Over Buying – When you lease your used car rather than taking out a loan, you’ll enjoy lower monthly payments. On average, lease payments can save you up to $150 per month. Plus, leasing a car means you’re only paying for a portion of it, not the whole thing.

• We’ll Deliver Your Vehicle to You for Free – Yes, it’s true! Whether you’re away at work or anxiously awaiting the arrival of your used vehicle, we’ll deliver it straight to your driveway in Westchester.

Curious to know more about used car leasing? Take a look at some quick facts about the process, below.

Used Car Leasing Facts

Used car leases are a great option if you desire lower monthly payments and the freedom that comes with leasing. Here are the key factors to know when you’re thinking of leasing a used car:

• Which Used Cars Can Be Leased? – At some dealerships, used car leases are only offered on certified pre-owned vehicles. If you’re unsure whether a lease agreement will be possible for the used vehicle you’re considering at Victory Mitsubishi, feel free to contact us to learn more.
• Used vs. New Car Lease – Used car leases often cost less than new car leases, and they even offer many of the same benefits! Keep in mind: You’ll still be required to return the vehicle at your lease end, and there will still be mileage limits you’ll need to stick to.
• Can I Buy a Used Car After I Lease? – Generally speaking, if a dealer is offering used car leases, you can almost bet you’ll have the option of purchasing the car when the lease ends. This would give you a lower residual value than a lease buyout on a new model would.
• Insurance for a Leased Used Car – While insurance costs are partially dictated by the value of your car, you may be able to secure a lower rate for car insurance such as comprehensive and liability insurance with a used car lease.

Explore Used Car Leasing Options at Victory Mitsubishi

Ready to lease a used car at Victory Mitsubishi? Fill out the contact form below or come and see us in Bronx to get started today! Have lingering questions about used car leasing, where to get a car loan, to find out if you can trade in a financed car, or the difference between CPO vs. used vehicles? Get in touch with our friendly finance professionals, who can answer all your burning questions and tell you more about our rotating selection of used vehicle specials. We look forward to helping you get behind the wheel of your ideal used vehicle! Learn more about our models including the 2016 Honda CR-V towing capacity and more! Interested in the luxury used segment? Compare the used Mercedes-Benz S-Class vs. used BMW 7-Series or used Mercedes-Benz GLE vs. M-Class to get started! You’ll find both models for sale at Victory Mitsubishi as well as other models including the used BMW 5 Series.