can one lease a private sellers car??

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Mar 6, 2008 | 01:21 PM

GCB

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can one lease a private sellers car??

Can someone lease from a private seller?

Are there some banking institutions that would buy a private sellers car so that and I could lease?

US Bank for example only deals with dealerships and only on new cars...

I know you could lease a used car from a dealer, but just wondering about leasing/buying from a private seller... who would I look to for leasing such a car?

thanks

Mar 6, 2008 | 02:01 PM

mr2guysingh

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From: Bellevue, WA

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http://www.leasecompare.com/used_car_lease_quotes.php

Mar 6, 2008 | 04:51 PM

GCB

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Posts: 13

Do you have any experience with LeaseCompare?

haven't heard of them....

Mar 10, 2008 | 10:12 AM

MJS

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From: East Cost

I would think a "friendly" dealership could arrange this for you...

Mar 10, 2008 | 04:04 PM

Raz5219

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Joined: Aug 2007

Posts: 1,128

From: Long Island, NY

I know it's possible to do so. There are many independent leasing agencies which specialize in leasing used cars. But from my research, it doesn't pay to lease a used car. The interest rates are higher and residuals are too low. You can usually get into a new car at very close to the same price.