Do you know of any leasing schemes that deal in used cars?

I have the option of a company car through lexautolease or alfabet, but both only deal with new cars. Do you know of any schemes like these that would deal in approved used cars?

Asked on 18 January 2017 by Ian English

Answered by Honest John

No. The economics don't make sense. Leasing companies obtain new cars at substantial discounts so they actually pay what are effectively second hand prices for new cars. This reduces their loss on re-selling the cars at the end of the leases.

Tags: company cars used cars lease cars new cars

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