1. Home
  2. Articles
  3. How to Purchase a Lease Return Car

How to Purchase a Lease Return Car

couple at dealership getting keys to a car

Are you looking for a car with low mileage and a low price point? Lease return vehicles might just be your best option.

Most lease return vehicles have undergone consistent preventative maintenance, as the company that leased the vehicle invests in the maintenance of their products. Purchasing a lease return vehicle can be a great way to buy a car with high value while paying a significantly lower amount than one would pay when purchasing a brand new car.

Part 1 of 2: Find a lease return vehicle

Step 1: Decide where to buy. When buying a lease return vehicle, it is important to research your options when choosing where to buy from.

Automotive dealerships: Most automotive dealerships offer leasing services to their customers, and handle all of their lease returns in-house. For this reason, they are likely to have a regular selection of lease return vehicles available for purchase. This is a great option for those who need help financing, as a large dealership will most likely be flexible on pricing and financing methods. Call your preferred dealerships to set up an appointment and view all your options.

Rental companies: Companies that rent vehicles to customers on a daily and weekly basis usually offer their vehicles for purchase to the public once the cars in question are a few years old. These cars tend to go through consistent and preventative maintenance when in the company’s circulation, and are usually in great condition, even by the time they are being sold.

  • Tip: Contact your local vehicle rental companies or check your local newspapers for rental listings.

Step 2: Do your research. Go through advertisements online and find the prices of lease return vehicles. Even if the advertisements are not what you are looking for, you can get an idea of the approximate retail values of lease return vehicles. This research will help you find the best deal in your area and better bargain with your salesperson.

  • Tip: If you need financing, it is worth researching all possible sources before you buy. While the company that is selling the car might have financing options, it is worth checking to see if another bank or institution can draft a loan agreement with a lower interest rate.

Part 2 of 2: Test drive the lease return vehicle

Step 1: Visit and test drive. After you find some cars that you are interested in, book appointments and take a look at the vehicles in person.

  • Tip: Be sure to look at all the other lease return vehicles available at each vendor, and make it a point to test drive every car you are interested in.

  • Note: Make a special note of the car’s mileage, lease return vehicle, and usage history.

Step 2: Pre-purchase inspection. When you are ready to purchase, go through every sales document and contract in full.

Lease return vehicles are worth considering if you are looking for well maintained vehicles with low mileage and high value. Buying a lease return vehicle can save you a lot of effort and help you avoid the frustration that comes with having to purchase a used car. Ensure that you do some research and test drive some lease return vehicles before selecting one that is best for your driving needs.

The statements expressed above are only for informational purposes and should be independently verified. Please see our terms of service for more details
Icon-warranty_badge-02

Skip the repair shop, our top-rated mechanics come to you.

At your home or office

Choose from 600+ repair, maintenance & diagnostic services. Our top-rated mechanics bring all parts & tools to your location.

Fair & transparent pricing

See labor & parts costs upfront, so you can book with confidence.

12-month, 12,000-mile warranty

Our services are backed by a 12-month, 12,000-mile warranty for your peace of mind.

Get A Quote

Need Help With Your Car?

Our certified mobile mechanics make house calls in over 2,000 U.S. cities. Fast, free online quotes for your car repair.

GET A QUOTE

More related articles

How Long Does a Heater Control Valve Last?
Keeping the right amount of coolant in a car is essential in keeping the engine at the right temperature. Failing to have the right amount of coolant or even bad elements...
How Long Does a Fuel Filler Neck Last?
Getting gas from the pump to your gas tank is the only way to keep a car going. The fuel filler neck is a metal tube that is welded to the...
How to Find the Keyless Code on a Ford Explorer or Mercury Mountaineer
Many Ford Explorers and Mercury Mountaineers were manufactured with an option known as the Ford keyless entry keypad. Some models refer to it as SecuriCode as well. It...

Related questions

Q: Car stalls at 30-40mph and then drops to 10mph - 2011 Porsche Panamera

Start with the problem code from engine: is it the camshaft position sensor, camshaft timing actuator, or something else? The symptoms you describe could certainly be caused by a failure of the camshaft timing mechanism. A YourMechanic professional can help...

Q: Buying a lease vs. renting a car

I'm cheap. I buy them, but I buy them used and I don't pay much and I drive them for 10, 20 or 30 years. But, that's just me. The problem with leasing a car is this: if you lease...

Q: Car independently accelerates - 2013 Porsche Panamera

Make sure to stay in touch with Porsche on this issue. It is possible the Idle Air Control valve, which "adjusts" engine idle speed, is faulty, or is receiving an incorrect signal to raise the engine RPM (say for air...