You Can Now Lease a Used Car!

At Hanlees Fremont Hyundai - Serving the Greater Bay Area!

If you are in the market for a pre-owned vehicle, buying is not your only option! Hanlees Fremont Hyundai is proud to offer our customers the option to lease a used car! Read on to learn more about the benefits of used car leasing, or check out our used inventory now! 

If you have any questions, please let us know via the form below or reach out to us at (510) 789-0800!

Interested? Let us know!

What are the Benefits of Used Car Leasing?

Used car leases will typically have lower monthly payments, zero or minimum money down, and lower maintenance costs! 

Opting for a used car versus a new car generally has many benefits such as lower initial costs, lower maintenance costs, and minimizing depreciation. However, buying a used car is a commitment that might not work for everyone. Are you only planning to use your car for short trips? Do you plan on upgrading to a different vehicle that may suit your needs better in a couple of years? Then leasing is likely the better option for you! 

When leasing a used car, you get all of the financial value of opting for used, while also getting the freedom of a lease. You can choose to get a new car every two to three years. If you decide that you want to keep the car at the end of your lease, you can! 

How Does Used Car Leasing Work?

The process of leasing a used car is nearly identical to leasing a new car! When leasing, the lessee (the customer) is essentially paying off the difference between the sale price and residual value of the car. Residual value is the value that the car is worth at the end of the lease term, which is determined by the lender or the lender's designated third party. 

While new car leases residual values are set by the manufacturer, used car residual values are determined by the make, model and mileage. Therefore, this amount can vary greatly depending on the mileage of the car at the time. 

If you're still unsure if a used car lease would work for you, please do not hesitate to reach out to us, we are ready to answer any of your questions, with no obligation to buy from us!
*Used car leases are available on used cars 2015 or newer. Subject to credit approval. Not all customers will qualify. Certain restrictions may apply. See dealership for details. 
WARNING: Operating, servicing and maintaining a passenger vehicle or off-road vehicle can expose you to chemicals including engine exhaust, carbon monoxide, phthalates, and lead, which are known to the State of California to cause cancer and birth defects or other reproductive harm. To minimize exposure, avoid breathing exhaust, do not idle the engine except as necessary, service your vehicle in a well-ventilated area and wear gloves or wash your hands frequently when servicing your vehicle. For more information go to https://www.p65warnings.ca.gov/products/passenger-vehicle