second hand

Are all lease cars brand new? Very simply, 99% of lease cars offered into the marketplace are brand new. Some finance companies will offer lease contracts on second-hand cars up to 12 months old but these aren't commonplace. Second-hand car leases are known as VAT Qualifying vehicles. In this article, we'll explore the pros and cons of leasing a second-hand vehicle. We'll also investigate why it's not such a common occurrence.