The Pros and Cons of Buying an Ex-Lease Car

Buying an ex-lease car can be an attractive option for many car buyers. These cars are often well maintained and relatively new, but as with any purchase, there are both advantages and disadvantages to choosing an ex-lease vehicle. In this blog, we look at the main advantages and disadvantages to help you decide whether an ex-lease car is the right choice for you.

Advantages of Buying an Ex-Lease Car

Well-maintained

Ex-lease cars are often well maintained. Lease companies usually have strict maintenance schedules that must be followed to keep the car in top condition. This regular maintenance ensures that you buy a car that is technically in good condition.

Full maintenance history

When buying an ex-lease car, you often get a full service history. This gives you a clear picture of any previous problems, repairs and regular maintenance the car has undergone, which is an indication of the vehicle’s reliability. Also, the car retains its resale value if the owner can prove that it has been properly maintained.

Relatively New

Ex-lease cars are usually relatively new, often between one and three years old. This means you can benefit from the latest car technologies, safety features and modern design without paying the premium price normally associated with new cars.

Disadvantages of Buying an Ex-Lease Car

High mileage

Because leased cars are often used for daily commutes and business trips, they may have higher mileage than a comparable personally used car. High mileage can lead to wear and tear and potential mechanical problems more quickly.

Interior wear and tear

Although the maintenance of the engine and mechanical parts is usually good, the interior of an ex-lease car may show signs of wear and tear. This is due to regular use and can range from worn seats to scratches on the dashboard.

Limited Choice

When you buy an ex-lease car, you are limited to the choices available by what other companies have leased. This may mean you have to make concessions on colour, equipment and other specifications