Used Car Lease | Bonneville and Son Chrysler Dodge Jeep Ram

Leasing a Pre-Owned Vehicle at Bonneville and Son Chrysler Dodge Jeep Ram

Looking to save big on your next vehicle? Drivers who want to get the most from their hard-earned dollars have many options at Bonneville and Son Chrysler Dodge Jeep Ram, from excellent new vehicle financing and leasing or incredible deals on our used inventory. Did you know you can also lease a used vehicle? If you love the low monthly payments possible with new leases, then a used vehicle lease can reduce costs further with affordable low monthly payments and flexible terms. Whether you need temporary transportation or want to know how to pay the lowest amount possible for an excellent vehicle, then a used vehicle lease may be right for you.

Leasing is sometimes compared to a long-term vehicle rental, but it is so much more and can offer many great money-saving benefits. Done right, a used vehicle lease can simplify vehicle ownership and ensure you get the most out of your lease. Wondering if leasing is right for you? Our Finance Center can help answer all your questions, review options, and provide a side-by-side comparison, allowing you to make an informed decision.

Leasing is an excellent option for anyone who wants to avoid the ownership responsibilities and long-term commitment of financing the purchase of a vehicle. The process of starting a new lease is very similar to the finance application, except there are more options to build a deal that fits your needs. You can choose everything from the length of the lease, which can easily be as short as 24 months, to optional protection packages, flexible mileage limits, and accessories or other customizations. At the end of the lease, you don't have to worry about trade-in value or selling your vehicle. Even if you ultimately decide to purchase the leased vehicle, the amount of the purchase is already pre-negotiated in the original lease agreement, ensuring a haggle-free process that allows you to easily transition to ownership for much less than the typical financing agreement.

You can do more than simply return the vehicle at the end of the lease. There are many flexible options, including trading for something new, extending the lease, or purchasing the leased vehicle. Need more time in your leased vehicle or want to know more about what you can do? Contact our lease return specialists for more information. We recommend reaching out a few weeks before the end of the lease to schedule a return appointment or arrange for other options.

Leasing a used vehicle is an economical option if your goal is to pay the least amount possible for your next vehicle. However, there are other great benefits, including the following:

Lower Monthly Payments

Leasing a new vehicle typically offers lower monthly payments on average than financing. Since the monthly payment on a lease is based off of the vehicle's sale value, a used vehicle can dramatically reduce your expected monthly payment.

Flexible Terms

Leasing offers flexible terms and you can negotiate other items like mileage and add-on packages to build a deal that meets your needs without making you pay extra for things you don't need.

Easy Buy Out Option

At the end of the lease, you can choose to purchase or buy out your vehicle. If you love your leased vehicle and want to keep it indefinitely, the buyout terms are already negotiated in the lease agreement. The buyout price is based on the value at the start of the lease minus depreciation during your lease term. You'll find that purchasing a used vehicle after leasing it gives you the option to enjoy a lower price or walk away. We offer excellent used financing rates or you can use your own lender to purchase the leased vehicle.

Lower Insurance Rates

Used vehicles are typically cheaper to insure than new vehicles, which can save you hundreds of dollars over the lease term and reduce the overall costs of driving.

The lease application process is very similar to the finance application. We'll need basic information for the applicant and co-applicant as well as the following requirements:

Applicants are typically required to have good credit or payment history
Choose the terms that work best for your needs
Calculate your average annual mileage to ensure enough to cover each year under the lease
Select add-on options such as maintenance plans, protection plans, and customizations or accessories

Questions about our leasing process for used vehicles? Our lease center breaks down some of our most frequently asked questions. Feel free to contact us for more information about how to start a used vehicle lease at our dealership.

Is leasing better than buying?

It depends on your goals and driving habits. Our team can provide you with a side-by-side comparison so you can make the best choice for your needs.

Is it cheaper to lease vs. buy a used vehicle?

Determining the actual cost differences can be tricky, but it is possible for either leasing or buying to come out as the most cost effective option depending on your preferences. If you typically trade up for a newer vehicle every couple of years and are a low-mileage driver, then leasing is usually the cheaper option. However, drivers who keep their vehicles longer could get more for their money by financing their vehicle and building equity. It all depends on your goals and driving habits.

What happens at the end of a lease?

You have many options for handling the end of a lease at Bonneville and Son Chrysler Dodge Jeep Ram. Along with simple returns, you can extend the lease, upgrade to a newer lease, or even purchase the leased vehicle. Ask our team about all your options a few months before the end of the lease to make the best choice for your driving needs.

How long can I lease a used vehicle?

The average lease is typically around 36 months, but it can be as short as six months or as long as 42 months. Ask our finance team for more information about the lease terms available for the used vehicle you want to lease.

What are the pros of leasing?

There are many great benefits of leasing a used vehicle, here are the highlights:

Lower monthly payments
Lower upfront costs
Flexible terms
Easy end-of-lease options

What are the cons of leasing?

Leasing is not for everyone because there are certain restrictions and limits, for example:

Mileage limits with extra fees if you go over
Warranty may run out before the end of the lease and additional coverage may be needed to protect from out-of-pocket repair costs
Lessees generally need to have good credit to qualify

Which vehicles are available for leases at Bonneville and Son Chrysler Dodge Jeep Ram?

At Bonneville and Son Chrysler Dodge Jeep Ram, we have a great selection of used cars, trucks, and SUVs available for lease. You can typically find Certified Pre-Owned vehicles available for lease, which are in excellent condition and practically brand new. Start browsing now to view our leasing options and call us today to schedule a test drive.