Leasing a used vehicle

Just curious,
What are people thoughts on leasing used vehicles. I was told Toyota and Lexus both lease CPO vehicles.
Is that something most here would say to stay away from due to the much lower RV at the end, or is it something worth considering overall to pick up a vehicle with low miles that has already taken a good hit in value by the first leaser?
Interested in peoples thoughts and to see if anyone has experience in doing this.
Thanks,
Alan

Search the forums. There have been several threads about this with the consensus that leasing used/CPOs were bad deals. You could get better deals on new vehicles.

1 Like

Agreed. Currently car company are inflating residuals on new cars for leases. Plus you get the warranty.

To the both of you,
Thanks for your replies.
The information and thoughts are greatly appreciated.
All the best,
Alan