Buying vs. Leasing a Used Car

Did you know that you can lease a used car? Here at Charlie's Pre-Owned, you have a few ways to go about finding the perfect pre-owned vehicle and driving it home. You can choose to finance your next car, of course, or you can choose to sign a lease on select models. So, what's the difference? Why go with one and not the other? Here at our dealership, we're happy to work with you to help you decide which path is right for you, and we're eager to help you take the next steps.

Here's a quick look at buying versus leasing here at our dealership:

Buying a Used Car

Should you choose to finance a pre-owned vehicle, you'll own it as soon as you've paid it off. That means that you're free to with it what you will. Want to customize it with accessories? Want to cover it in bumper stickers? Want to get as much as you can out of it before you trade it towards something else? The choice is yours, and ownership gives you the freedom to do pretty much whatever you want with your car.

Leasing a Used Car


Leasing a pre-owned vehicle is a bit different. Used cars available for lease are newer, and they have to meet certain criteria to qualify. Instead of paying to own, you're basically paying to borrow. You'll make lower monthly payments than you would if you were to buy, and in return, you'll have to stick to an agreed-upon mileage limit. When your lease is up, you bring it back to us in more or less the same shape it was in at the start (not counting expected wear and tear, of course).

Naturally, you can always decide to buy your leased vehicle if you decide that you aren't ready to part ways!

If you have any questions, please feel free to give us a call at our dealership.

  1. Charlie's Pre-Owned

    465 Western Ave.
    Augusta, ME 04330

    • Sales: 207-620-8588
  2. Charlie's Public Wholesale

    495 Western Ave
    Augusta, ME 04330

    • Sales: (207) 620-8588
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  • Contact our Sales Department at: 207-620-8588
  • Monday8:00am - 8:00pm
  • Tuesday8:00am - 8:00pm
  • Wednesday8:00am - 8:00pm
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  • Saturday8:00am - 6:00pm
  • SundayClosed