If you’re in the market for a used luxury car, buying a previously leased vehicle definitely has its advantages. Sure, you can simply buy used from a dealership or private party, but it’s best to seek out a dealership that implements safeguards to make sure you find the best value for your money.
In many cases, buying a previously leased luxury car can deliver more bang for your buck. Plus, you can rest assured that your vehicle has been checked for quality from bumper to bumper.
5 Advantages of Buying a Previously Leased Vehicle
With a previously leased vehicle, you can buy a nearly new car with low mileage.
Due to strict dealership criteria, previously leased vehicles usually have an impeccable maintenance record.
3. Cost Savings
Because new vehicles lose their value as soon as they’re driven off the lot, you can find what you’re looking for in a newer luxury car at a fraction of the original sticker price.
4. Factory Warranty
These cars are often still under factory warranty – meaning that most repairs will be taken care of by the manufacturer until the warranty expires.
5. Extended Resale Value
Due to a previously leased vehicle’s maintenance record, low initial mileage, and cost savings, your used luxury car will hold its value further down the road.
So if you’re in the market for a luxury car, and you’re weighing your options for buying used, consider working with a dealership that has experience in buying and selling previously leased vehicles.
Want to learn more about our process for finding previously leased vehicles for resale? Give us a call at (763) 522-2000.