What are the Pros and Cons of Leasing a Pre-Owned Car? Ask LaFontaine Cadillac

Pre-owned car leasing is a popular option for customers who like the idea of getting the most car for their money and driving a without making a sizable down payment or monthly payments. But pre-owned car leasing isn’t for everyone, and there are pros and cons to consider.

Pros of Leasing a Pre-Owned Car

You can Target a Higher-Level Model

Leasing a pre-owned car at LaFontaine Cadillac lets your stretch your dollar further and widens your choices. In fact, the high-level model that was beyond your budget in brand-new condition could be well within your range if you lease it pre-owned.

No Worries Regarding Resale

Selling a pre-owned car that’s several years old can be a hassle, simply because a newer-looking car will sway many buyers. However, when you lease a pre-owned car at our nearby Cadillac dealership, this is something you need not worry about.

When your lease agreement expires, you can pay the residual value and own the car, trade it in for something else, or hand in the keys and walk away.

Cons of Leasing a Pre-Owned Car:

The Insurance and Warranty can be More Expensive
Even though the quality of today’s pre-owned cars is light years ahead of what it was even 15 years ago, it’s still true that the older the car is, the greater the risk of things breaking down.

Depending on the car’s age, you might be compelled to take on more expensive insurance. Moreover, the warranty for a pre-owned car will likely be more expensive too.

A Pre-Owned Car Requires more Maintenance

As cars age, they need an increasing amount of maintenance. Given the quality of the Cadillac brand’s engineering, this is certainly not cause for concern, but it’s still something to think about.

If you want ultimate peace of mind, we recommend leasing one of our like-new Cadillac Certified Pre-Owned cars.

Lease a Pre-Owned Cadillac Today

For drivers seeking flexible terms and lower monthly payments, leasing a pre-owned Cadillac is a good choice. Visit our online pre-owned Cadillac inventory, run some numbers for your budget, and then stop by our local Cadillac dealership today for a test drive.