Wednesday, July 9, 2014

How to Buy a Formerly Leased Car for Nissan

Buying a formerly leased car is a great way to get a car that has fairly low mileage and is in near-new condition. Leased cars usually have less wear than other used cars and many have been maintained well. If you are in the market for a Nissan and are considering purchasing a formerly leased car, there are several easy steps you can take.

Instructions

    1

    Review your lease agreement. If you are currently leasing a Nissan, review your lease agreement for buy-out options. Typically, a lease will include a buy-out option through which you can buy the car at the end of the lease for a predetermined amount. If you are interested in buying your leased Nissan and are planning to finance the cost, contact a bank or the dealership through which you leased your vehicle. If you plan to pay cash for your Nissan at the end of your lease, contact the dealership through which you have your current lease and inform its representatives of your decision.

    2

    Visit a Nissan dealership. If you do not have a current car lease, visit your local Nissan dealership and speak to a representative about purchasing a leased car. Many formerly leased vehicles are sold by the dealership at the termination of the lease. If your local Nissan dealership does not have any current lease returns on its lot, the dealership can help you locate a nearby Nissan dealership that does. You can find a Nissan dealership near you by visiting nissanusa.com or calling (800) Nissan-1.

    3

    Call used car dealerships. If you are unable to find a formerly leased Nissan at a nearby Nissan dealership, call used car dealerships near you to see if they have any previously leased Nissans for sale.

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