More and more of our Nashville customers are asking about leasing. It makes sense. Leasing usually means lower monthly payments. So, customers logically assume that leasing a used car would mean even lower monthly payments. But is that how it works? What are the negatives of used car leasing? Can you lease a used car from a dealership? The friendly finance managers at Music City Autoplex of Madison will be happy to answer any of your questions about leasing. In the meantime, let’s talk about the details of leasing a used car.
It’s true that leasing a used car results in lower payments than leasing a new one. But a lot of our Hendersonville customers are surprised to find out that monthly payments aren’t the only way to save with used car leasing. Used cars depreciate much more slowly than new cars.
Can you lease a used car? Yes, but that doesn’t necessarily mean that you should. Remember, used cars break down more often than used cars. So, the cost of repairs and maintenance will likely be higher when you lease a used car. That’s especially true if the car is no longer under warranty. On the other hand, you could lease a certified pre-owned vehicle, which would mean that a lot of the repairs are covered. If you take that route, though, do your research and compare the cost of leasing a certified pre-owned car with leasing a new one to determine if you’ll save that much on the monthly payments.
Leasing can be confusing. But it doesn’t have to be. Our Finance Managers would be happy to help you understand everything you need to know about the benefits of leasing vs. buying to make a good decision. We make buying a snap, too. You can even apply for financing online. View our entire inventory from the comfort of your Clarksville home!
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