Should I Lease a Used Luxury Car? Yes, and Here’s Why!

Should I Lease a Used Luxury Car? Yes, and Here’s Why! post
September 15, 2021 | Used Leasing

It can be a complicated process to find the perfect luxury car within your budget range. You may often have to buy a much older model, but it doesn’t have all the luxury and high-tech features you want. No matter where you’re looking for a used luxury vehicle in the United States, the last thing you want is to overpay for something that doesn’t have everything you want. 

At Drivrz Financial, we understand how real the struggle is to find the right car, with all the features and technology you want, at a price that makes sense for your wallet. In your search, you may have come across different buying options, including the option of leasing a used luxury car. Whether you’re familiar with used car leasing or not, it’s an incredible way to get the luxury car you’ve always wanted without having to make sacrifices that come with older, lesser technology and features. 

Should You Lease a Used Luxury Car?

Yes! 

And Here’s Why:

Lower Payments

When you lease a car, you’re paying for the depreciation over the course of your lease contract. So, by leasing a new car, there is a significant amount of depreciation that occurs the moment you drive it off the lot. But with a used luxury car that is only one or two years old, the massive drop in value has already happened. 

This translates to lower payments for you because there is far less depreciation that will happen during a two or three-year lease for a used vehicle. 

New Features

Let’s be honest. You want to drive a luxury car because of the—luxury! Having the high-tech features in infotainment systems, sound systems, luxury seats, and more is what owning a luxury vehicle is all about. When you lease a used luxury car, you’re getting a car that still has current technology and features still found in the new models. This is because they are only a couple of years old. 

Excellent Condition

In many cases, a used luxury car you’re considering leasing has initially been a new car lease model. This means that the previous owner was contractually required to take excellent care of the vehicle and keep up on the repairs and maintenance over the course of their lease terms. It also means that when you lease a used luxury car, you’re getting a vehicle that’s in far better condition than something that’s older and being sold privately. 

These are just a few reasons that leasing a used luxury vehicle is the best choice when you’re ready to upgrade your current vehicle. Drivrz Financial has got you covered with many used car leasing options to choose from. You can get behind the wheel of your dream luxury car faster than ever before!

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