Can You Lease a Certified Pre-Owned Car?

When shopping for a certified pre-owned vehicle near Atlanta you may not want to buy, but instead, lease your next ride. That’s why you may be wondering: “Can you lease a certified pre-owned BMW?” Yes, you can. While new car leasing is more common, the same can still be done for CPO models. Learn more about how you can lease a certified pre-owned luxury ride from our inventory at BMW of Gwinnett Place today!

Can You Lease A Certified Pre-Owned BMW?

You’ll find that you can surely lease a certified pre-owned BMW and even discover that most other manufacturers may only allow lease options for certified pre-owned vehicles. There are a number of things that you’ll want to know before you begin your search such as:

• CPO vehicles must be late-model vehicles.
• The certified pre-owned vehicle candidate must have less than 60,000 miles.
• Only franchised dealerships, like ours in Duluth, can sell certified pre-owned BMW cars to lease.

What Car Manufacturers Offer Certified Pre-Owned Leases?

In order to lease a CPO luxury ride, a car manufacturer must get approval by the National Automobile Dealers Association (NADA). Popular car brands that offer certified pre-owned leasing include:

• Acura
• Audi
• BMW
• Chrysler
• Dodge
• Ferrari
• FIAT
• Honda
• Hyundai
• INFINITI
• Jeep
• Kia
• Lexus
• Lincoln
• Mazda
• Mercedes-Benz
• MINI
• Mitsubishi
• Nissan
• Porsche
• RAM
• Toyota
• Volkswagen
• Volvo

How To Lease a Certified Pre-Owned Car

When you look for a certified pre-owned BMW, the leasing process is similar to when you get a brand new ride, however, there are some differences. This is primarily seen with the sale price and end of lease estimated value, which are major factors in your monthly payments. Since certified pre-owned cars depreciate slower than newer cars, the factors mentioned above will result in lower monthly payments, but you’ll also have to be aware of more strict mileage limitations. Here are some more benefits of leasing a CPO BMW around Lawrenceville below:

• Monthly Payment Amount: Reduced monthly payment amounts than when leasing a new vehicle.
• Potential for Lease Buyout: Theyear-end value of a CPO vehicle is less than a new car lease, which makes for a lower residual value that makes it more affordable to buy out at the end of your lease term.
• Lower Insurance Rates: When leasing a certified pre-owned car, you have a higher chance of a lower car insurance rate since the cost is partially based on the car’s value.

Lease a Certified Pre-Owned Car at BMW of Gwinnett Place

Now that you know more about how you can lease a certified pre-owned BMW, see which luxury ride suits you best on Swanee roads. You can speak with our sales team or value your current trade-in online at home to get started. Contact us today for more information and stop by our BMW dealership right here in Duluth!