Off Lease Cars

 



The term Off Lease Cars commonly refers to used vehicles that were previously leased vehicles, that are now being resold by dealers on their used-car lots.

Many used car sales ads for Off Lease Cars point out the typical advantages of buying such cars: low mileage, clean, excellent condition, original manufacturer's warranty, and documented maintenance history. Leasing consumers typically take very good care of their vehicles, then return them at lease-end to lease another new vehicle. This is particularly true for high-end luxury off-lease vehicles.

Dealers often purchase off-lease vehicles from lease companies because they know the vehicles will sell easily. When a customer returns a leased car at the end of his lease, the dealer will make a decision to buy the car from the lease company, or return it to them.

Dealers often sell Off Lease Cars as "certified," meaning that the vehicles have been inspected and have a manufacturer-backed guarantee that other used vehicles may not have. This usually means that Off Lease Cars are sold at slightly higher prices than conventional used cars. Most buyers agree, however, that such cars are worth the extra cost.

For more information, see: The Lease Guide

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