Front driver side view of a white used Mercedes-Benz luxury car parked in a concrete lot available for lease in Colorado Springs at Phil Long

Most people understand the possibility of getting a car lease, but did you know that it's possible to lease used cars as well? Leasing used cars is more rare and not every dealership in Colorado offers used car leasing. It's imperative you understand what kind of used car you can lease and the benefits of leasing a used car so that you can make an educated decision about your next vehicle if used car leasing is an option available to you.

Certified Pre-Owned vs. Used Cars

When you visit the local used car dealerships in Colorado Springs, you'll choose from a vast selection of vehicles. When it comes to leasing used cars, the only type of used cars available to lease are certified pre-owned vehicles. Did you know that certified pre-owned vehicles offer more benefits than a typical used car does? With a certified pre-owned vehicle from Phil Long Dealerships, you have access to newer models with low miles. Plus, all of the cars have gone through a rigorous inspection to ensure everything is mechanically sound. It is also possible to lease used trucks and cars that are certified pre-owned, so you gain all the benefits of this without having to pay for a new car.

View Certified Pre-Owned Inventory

Pros & Cons of Leasing a Used Car

As you look at local used cars to possibly lease, you'll want to think about the interest rates you would face with a purchase. You'll quickly see that by leasing the car, you save a lot of money. The national average on interest rates is currently more than 4 percent on a 60-month loan. Furthermore, when you lease used cars, you have the benefit of knowing that you can get into a newer vehicle in a few years. You'll never be stuck trying to sell an older car, and you always have access to modern technologies without paying a new car price. When you buy a new or used car, the vehicle depreciates by the moment. With a leased used vehicle, you don't have to think about this since you won't be reselling the car when the lease term is over. It's just one less thing to worry about.

Is Leasing a Used Car the Right Move?

Front passenger side of a red used Audi luxury car parked in a concrete lot for lease in Colorado at Phil Long

Not just any used car is ideal for a pre-owned lease. You must find the right vehicle to make it worth your while. We recommend checking out the selection of used sports cars, used high-end SUVs and used luxury cars which are used cars more desirable to lease. If you want a newer vehicle, a comprehensive warranty, and the latest technologies, you don't have to invest in a new car. Instead, you want to evaluate your savings and consider the option of certified pre-owned vehicles. When you lease used cars, you'll avoid the high interest rates, exorbitant insurance rates, and vehicle depreciation. You will even find options with roadside assistance and other perks. Make sure you do your homework before you make any purchase decision. In some cases, it is a better idea to consider a new car lease than a used car lease, but that's not always the case.

Lease Used Cars in Colorado

At Phil Long Dealerships, we have a multitude of options for you to evaluate when it comes to new and used cars. Some of our dealerships may offer used car leasing. Please contact the dealerships beforehand to discuss the possibility of leasing a certified pre-owned vehicle. We have an extensive network of dealerships throughout Colorado (even one in New Mexico) to suit your every need. Whether you are interested in used cars, used trucks, used SUVs or you would rather buy a certified pre-owned vehicle, we have the inventory and financing options you require. Stop by one of our trusted dealerships today, and we will help you get into the car of your dreams.

Certified Used Cars for Sale in Colorado

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Phil Long Dealerships

1212A Motor City Dr
Directions Colorado Springs, CO 80905

  • Sales: (719) 387-5744
  • Service: (719) 387-7037
  • Finance: (719) 387-7162

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