
You can buy lease return cars primarily from three types of places: new car dealerships (especially through their Certified Pre-Owned (CPO) programs), online car marketplaces, and physical auto auctions. Dealerships offer the most security and peace of mind, while auctions can provide the lowest prices but require more expertise.
These vehicles, often called off-lease cars, are coming off a typical 2-3 year lease term. They are popular because they are usually well-maintained, have lower mileage, and are modern models. The single best place to start your search is a manufacturer's CPO program at a franchised dealership. These cars undergo a rigorous multi-point inspection, come with a comprehensive warranty extension, and often include special financing rates.
Where to Find Lease Return Cars:
| Source | Key Advantage | Potential Drawback | Best For |
|---|---|---|---|
| Franchised Dealership CPO | Factory-backed warranty, rigorous inspection | Higher price than non-CPO equivalents | Buyers seeking maximum peace of mind |
| Online Marketplaces (Carvana, Vroom) | Home delivery, no-haggle pricing | Limited pre-purchase inspection opportunity | Buyers prioritizing convenience |
| Dealership Used Car Lots | Wider selection, often negotiable pricing | Vehicle history and condition can vary | Savvy shoppers willing to inspect carefully |
| Physical Auctions (e.g., Manheim) | Potential for lowest purchase price | Usually for dealers only; "as-is" sales | Licensed dealers and experienced flippers |
| Brand-Specific Online Hubs | Direct from the source (e.g., BMW Premium Selection) | Inventory may be limited to specific regions | Brand enthusiasts wanting a curated selection |
Before buying, always get a vehicle history report (like Carfax or AutoCheck) and, for non-CPO cars, an independent pre-purchase inspection from a trusted mechanic. This checks for accidents, proper maintenance, and verifies the odometer reading. Focus your search on models known for strong reliability ratings to maximize your investment.

I always tell my neighbors to check the big online spots first. Just go to CarMax or Carvana's website and type in the car you want. You can filter the search for "off-lease" or "CPO" right there. It's super easy to see the price, pictures, and the Carfax report without even talking to anyone. If you like what you see, you can have it delivered to your door or pick it up at a local hub. It takes a lot of the stress out of the process.

Don't overlook the actual source: the dealership that sold the lease in the first place. Visit the websites of your local Ford, Honda, or Toyota dealers. Look for their "Certified Pre-Owned" section. These are the cream of the crop off-lease cars that have been inspected and given a new warranty. You pay a bit more, but for a late-model used car, that warranty is worth its weight in gold. It’s the closest you can get to buying a new car without the new car price tag.

My brother-in-law works at a dealership, and he gave me the inside scoop. The best time to look is at the end of a quarter—March, June, September, December. Dealerships are trying to hit sales goals and often get a fresh batch of lease returns then. They're more motivated to make a deal. I found my SUV last September; they had just gotten it in and were eager to move it. I negotiated a great price because it was still being processed. It pays to know their schedule.

If you're comfortable with a little more risk for a much lower price, look into auctions. Many major auction houses have sales that are open to the public, not just dealers. You can find fantastic deals on lease returns there. The critical thing is to go in with a firm budget and stick to it. The excitement of bidding can make you overspend. Remember, these cars are sold "as-is," so having a mechanic friend to check it out beforehand is a huge advantage. It's not for everyone, but the savings can be significant.


