A car dealer is standing in front of a black Mercedes 2026 GLE 350 in a Dallas lot. The price is $7,000 off the $71,000 sticker price for a vehicle with 2,000 miles on the odometer, 20-inch wheels, and a sunroof. The only catch: he’s offering it as a CPO lease. "For someone that doesn’t mind leasing something with a little bit of mileage on it, you’re leasing anyway so what does it matter, you’re getting a really good deal," Amgryan (@amgryan) says in a TikTok. What Is A CPO Lease? CPO means certified pre-owned. According to Mercedes-Benz, cars available through its CPO lease program are no older than 6 years and have fewer than 75,000 miles on the odometer. Car Gurus says that the benefits of leasing include "lower payments, fewer maintenance worries, and cheaper taxes." In a nutshell, a CPO lease is a lease on a lightly used vehicle. Because of this, a purchaser can save substantially on the sticker price, which translates to monthly payments while enjoying all the perks of a certified pre-owned vehicle. However, the vehicle will never be yours. This is a good option for folks who like having a late-model vehicle or comprehensive warranty protection. Mercedes also includes 24/7 personal assistance and reimbursement if you break down more than 100 miles from home. However, there are considerations that might be considered drawbacks to leasing. The big one is mileage restrictions. Usually, drivers are restricted to around 12,000 to 15,000 miles per year. This is generally considered close to average for American drivers. Going over the mileage restriction can be expensive, however, as many leases have penalties for doing so. This is because the vehicle's resale value is directly linked to mileage. "The lessor bases the terms of the lease on anticipated depreciation, and anticipated value of the car after the lease period, and mileage is a big part of calculating that," says Car Gurus. This particular deal might be more attractive than some leases. Amgryan notes that the Mercedes includes "an additional year of manufacturer warranty, with unlimited miles and a 165-point inspection." But What About The Bottom Line? Some observers brought questions to the chat. Specifically they’re interested in the numbers—which is the whole thing with a deal like this. BeachLovin cut right to the chase, asking, "What’s the lease price?" Others also questioned the vehicle’s availability and terms. At least one person spoke out in favor of these deals. "I’m on my 3rd CPO lease deal. Cheaper than Kia leases," said Random Name. Amgryan responded, "Yeah def not cheaper than a Kia. In all fairness that would be crazy." Are CPOs Worth Looking Into? CPO vehicles are often a good alternative to new vehicles, and leasing offers flexibility in service options. US News & World Report found that six brands have solid CPO programs, with some offering leasing. The makes range from Honda to Mini Cooper, to Acura and Lexus. That article also specifically cited Honda’s warranty as "one of the very best CPO programs on the market." But the biggest perk might be the 1.99% financing for qualified buyers. Mini Cooper was praised for having a five-year bumper-to-bumper warranty with "no mileage limits, and it’s transferable to any subsequent owners of the vehicle." And Lexus was praised for reporting only "140 problems per 100 vehicles, which is the lowest number among all brands." Though the report said Lexus has one of the top CPO Programs in the market, it is not transferable to subsequent owners. Motor1 reached out to Amgryan via email and TikTok direct message. We will update this if he gets back to us. We want your opinion! What would you like to see on Motor1.com? Take our 3 minute survey. - The Motor1.com Team
