Did you know it was possible to lease a used car? Well, at Easterns Automotive it is!Do you feel like leasing a car will meet your needs? Are you wondering how used car leasing works? The process is set up almost identically to leasing a new car. The lessee/customer is effectively financing the difference in the sales price of the vehicle and the residual value of the car. The residual values are determined by the lender, or by a third party chosen by the lender. This value is what the lender is estimating the car will be worth at the end of the term of the lease. This is where there is a difference compared to new car leasing; the residual values in new cars are set by the Manufacturer and are percentage point-based while with used cars the values are specific to the model and mileage amount.
Before you visit our store, we invite you to visit our extensive inventory online. If you know the general type of vehicle you want, such as a pickup, you can search for that. Or, if you know the exact make and model you are looking for, you can filter your search in that way. If you see a vehicle you are interested in, just give us a call or fill out our online contact form to take the next steps to leasing a used car.
If you want to go ahead and see if you qualify for a used car lease, you can do so right on our website. The application is fast, and it holds you to no obligations. Start the car lease process from the comfort of your own home! If you run into questions, our sales staff is available through chat or text.
We know there are various dealerships where you can purchase your used car. But Easterns stands out among the rest? What sets us apart? We offer only quality vehicles for sale; all models go through a rigorous inspection and re-conditioning before they go on our lot, offering you a peace of mind. Our inventory is extensive, with over 1000 vehicles to choose from. That means we are sure to have something to fit your needs. We also offer perks such as online car buying, leasing, and a 7-day return policy.