Can You Lease a Certified Pre-Owned Car?

Lease Agreement

 

Can you lease a certified pre-owned car? The answer is, in many cases, yes! If you’re ready to start a Mercedes-Benz lease, a certified pre-owned model could be a great choice. Although not all CPO models are available for would-be lessees, many are—and we’d be happy to walk you through your options. If you’re interested in leasing a particular CPO model, contact us today to find out if you can lease the certified pre-owned car of your dreams.

What Should You Know About Mercedes-Benz CPO Leases?

Leases with standard pre-owned cars are fairly rare, but many manufacturers do allow for leases of certified pre-owned vehicles. Mercedes-Benz is one of those who do! In general, the viability of your preferred Mercedes-Benz CPO lease will depend on several factors, including the age and value of the vehicle in question. Most importantly, Mercedes-Benz CPO leases are generally restricted to models that are less than four years old.

Browse our certified pre-owned inventory to see what models we have available, and reach out at (877) 361-2955 to find out if it’s available to lease.

Is a Mercedes-Benz Certified Pre-Owned Lease Right for You?

Buying certified pre-owned can be a smarter investment than buying new, and leasing rather than financing can help you to secure a lower monthly payment. Together, these two factors make Mercedes-Benz CPO leases great options for Providence and East Greenwich drivers. Here’s what else you should keep in mind:

  • The cost of a lease is partly determined by the expected rate of depreciation. Since CPO models depreciate more slowly than new ones, your total costs could be much lower.
  • If you’d also consider purchasing a vehicle, you should know that you can always buy the vehicle you’ve been leasing later on. Contact us to learn more about lease buyouts today.
  • Insurance costs are partly based on the value of the vehicle in question. If you’re hoping to lower your insurance rate, choosing a CPO lease over a new model could be a great choice.

Ask Us About Certified Pre-Owned Car Leasing Today!

Whether you need to value your trade-in or you just want a better understanding of the lease return process, you can rely on the team at Mercedes-Benz of Warwick to help you take the next steps with confidence.

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