Does Costco Lease Cars? (Price, Locations, Vehicle Types, FAQ’s)

Costco offers a variety of cars, trucks and vans that are perfect for your family. With our Costco Lease program, we make it even easier to get the vehicle you want. With no money down and low monthly payments, there is no better way to get behind the wheel of a new car.

What Kind Of Cars Will Costco Be Leasing? What Are The Terms And Conditions Of The Lease?

Costco will lease the vehicles through Hertz, which has been offering leases for a few years now. The terms and conditions aren’t yet available for all 10 car models but here’s what we know so far:

Hertz will lease the following cars from BMW, Jaguar, Land Rover, Mercedes-Benz and Volvo:

  • BMW X1 sDrive28i (all-wheel drive)
  • BMW X3 xDrive28i (all-wheel drive)
  • Jaguar F-Type SVR Coupe
  • Volvo S90 T8 Inscription AWD Sedan

What Is The Best Way To Get A Costco Lease Car?

The Costco car lease is an excellent way to get a new car for a low price. Here are some tips on how to get the best deal on your next Costco car lease:

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Compare prices between dealerships. If you want to get the best price possible on your new vehicle, then it is important that you compare prices between different dealerships. Some dealers may be willing to negotiate better than others, so it is worth checking out all of the offers that are available before making a decision.

Check out competitors’ prices. Another thing that you should consider before making any decisions about buying or leasing your next vehicle is to check out what other companies are offering as well. If there are other options available, then they may be able to provide better deals than what is currently being offered by your local dealership or even Costco itself!

How Much Will It Cost To Lease A New Car And A Used One At Costco?

Costco has three types of leases: 1-year, 2-year and 3-year. The 1-year lease is for people who want to enjoy a new car for a year without having to make monthly payments or put down money at the beginning of their lease period. The 2-year and 3-year leases require customers to pay $1,000 down payment in addition to monthly payments over their lease term.

Costco offers some great deals on new cars. For example, it has a new Toyota Camry SE V6 XSE SE that costs $26,734 with destination fee included; that’s $2,000 less than what other dealerships charge for this model (see this link).

Used cars at Costco also come with great deals as well as low prices because they don’t have many miles on them; some models have only 10K miles on them!

What Are The Different Car Options Available From Costco Lease Cars?

The Costco auto lease program has several different options available for customers who want to lease a car from Costco. These options include:

  • Leasing with no money down
  • Leasing with zero percent APR
  • Leasing with no security deposit
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The first thing you must do before applying for a lease is determine which type of lease works best for your situation. For example, if you want to get out of paying any money down on your lease, then you should choose one of the zero percent APR options that are available through this program.

If you don’t have much credit history and want to avoid paying any security deposit on your lease, then leasing with no security deposit may be the best option for you.

What Are The Benefits Of Costco Lease Cars? How Does It Work?

Costco is known for being an affordable option, and that includes their car leasing program. When you lease with Costco, you have access to a wide variety of vehicles at competitive prices. Plus, they include maintenance, insurance and even roadside assistance in the price of your lease!

With Costco Lease Cars, there are no hidden fees or surprises — just a simple price that includes everything you need to drive away in a new car. You’ll get:

  • Low monthly payments
  • Comprehensive insurance coverage
  • Roadside assistance
  • Maintenance by certified technicians


Costco’s lease program is designed to get people into brand-new vehicles at a lower cost than buying them outright or even through a traditional lease program. The company offers leases on all types of vehicles—from sedans to SUVs to trucks at low monthly payments that are competitive with other lease programs on the market today.

FAQ’s About Does Costco Lease Cars?

What is Costco Lease Cars?

Costco Lease Cars is a new program that lets you lease a new car from Costco and drive it for three years. The program offers affordable monthly payments and an easy way to get into a new car without having to deal with the hassle of negotiating your own lease.

What vehicles are available through Costco Lease Cars?

We offer three different types of vehicles at this time: passenger cars (sedans), pickup trucks and SUVs/Crossovers (golf carts). We also offer two different tiers of premium features – Premium Plus and Premium Maxx – which include additional options such as leather seating, navigation systems and more.

How much does “lease” mean in this context?

The word “lease” in this context means that you’re renting the vehicle from Costco until the end of your lease period (usually three years). At that point, you can return it or buy it at fair market value (FMV). You’ll also have the option to purchase an extended warranty from Costco during checkout if desired.

Does Costco inspect my vehicle before buying it?

Yes ,we inspect all vehicles we consider purchasing for purchase price adjustments. We also perform a thorough inspection of every vehicle before we buy it from the owner. The inspection includes checking for damage and mechanical issues that could affect safety or performance.

What is the difference between a lease and a car loan?

With a traditional car loan, you own the car after you pay off your loan. With a lease, you don’t own the car — you’re paying for the privilege of driving it.

Can I get my money back if I want to sell my leased car before the lease is up?

Yes. If you have negative equity in your vehicle, you can choose to sell it on your own or transfer it to another person — as long as they agree to take over your payments.

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