No. Leasing is restricted to brand new car, not used cars — with the exception that used luxury cars may be available for lease by specialty used car dealers in some larger cities. However, leasing used cars is not recommended due to low residual values and high lease finance rates. Used car leases cannot be evaluated using the calculators on this web site. For more detail, see the article Used Car Leasing.

Some used car dealer advertise that they lease cars or have “lease-to-own” programs. These are not actually leases but either high-interest purchases or high-rate rentals.

 

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