Can You Lease a Certified Pre-Owned Car?

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When it comes to acquiring a Cadillac, financing or paying cash for the full amount of a new vehicle isn’t the only option. If you like the freedom of a lease but want to save as much money on your Nixa drives as possible without skimping on Cadillac quality, you might be wondering if you can lease a certified pre-owned car at Thompson Cadillac! The answer is yes, you can! We love it when our customers can enjoy the benefits of both leasing and driving a CPO Caillac. Learn more with us, then shop our certified pre-owned Cadillac inventory

What You Get When You Lease a Certified Pre-Owned Car at Thompson Cadillac

Most manufacturers, including Cadillac, will only allow a lease on a new or certified pre-owned car. What, exactly, do Ozark drivers get with a certified pre-owned Cadillac? Your Cadillac has been proven to be in like-new condition and comes with many of the benefits and features you’ll find on a new model. In order to be certified your Cadillac must: 

  • Pass a 172-point inspection
  • Pass a road test
  • Have a spotless maintenance record
  • Have a clean vehicle history report

Leasing a certified used vehicle follows a pretty similar process to new vehicle leases. The difference between the sale price of the vehicle and its estimated value at lease-end will determine the monthly lease payment. This number is usually smaller than what you’d pay monthly for a financed Cadillac. Plus, your certified pre-owned Cadillac won’t depreciate as quickly as a new one. 

Can You Finance a Certified Pre-Owned Car? 

Absolutely! All you have to do is apply for financing or bring proof of financing from elsewhere, and bring a down payment or car to trade. Not sure on whether leasing or financing a certified pre-owned car is the best option for you? Let our finance department help. Give them a call with your questions about which option is best for your financial health. 

How Much Can You Negotiate Off the Price of a Certified Pre-Owned Car?

At Thompson Cadillac we pride ourselves on our fair car pricing, whether you’re looking at a new, CPO, or regular used car. How much you can negotiate off the price of a certified pre-owned car will depend a lot on how much similar cars have sold for in the Republic area. You can find this information through resources like KBB.com. 

Contact Thompson Cadillac with Questions

Whether you’re deciding between leasing a certified pre-owned car, or financing, the team at Thompson Cadillac can help! We have a staff of financial professionals who are here to answer your questions. Start with our car-buying tips to get started. 

 

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Thompson Cadillac 37.1429, -93.2683.