Cars > Buying a CarFebruary 21, 2006

Buying Formerly Leased Cars

When looking for a used car, look into "leased" cars. We bought one that was 1 year old, with only 2,300 miles! It went from "covered" home to "covered" work! We're in the desert so covered is important.

By Trish from Tucson, Az.

Feedback

Read feedback for this post below.

By
09/16/2008

A good idea. Just be sure that you are still aware that this car is, in fact, still considered "used" and you should treat it as such. Be sure you know if it had ever been in an accident or had any unusual repairs done on it (dealerships have their own body shops and may have record of it if they did the repairs) and be sure you know what the remaining warranty is on it. My daughter had a lease and it needed undercarriage repairs that were NOT done at the dealership.

By (Guest Post) 02/21/2006

My daughter purchased a formerly leased car and was very pleased for a long time until the engine conked out. Although she had been religious about changing oil and servicing, it seems the person who h ad leased it never changed the oil. Buying a formerly leased car can be a nightmare unless you have proof of the maintainance performed on it while it was leased.

By Lee (Guest Post) 02/21/2006

I am wondering if you have bad credit is there anyways to lease or buy a car? If anyone knows please let me know. leeleeaub @ yahoo.com (remove spaces)

Related

Post Feedback

Your thoughts are welcomed and appreciated. Enter your feedback here!

Feedback:

Image Upload:

Add an image to your post! Click the "Browse" button above and select an image from your hard drive. Please only select gifs or jpegs. If you have any problems, please contact us.

  

facebook like arrowLike ThriftyFun on Facebook

Browse Topics

Over 80,000 tips, recipes, questions & crafts.

Ask a Question

Submit a question to the TF community.

Subscribe to ThriftyFun Newsletters!

Email: