FI showroom red and grey logo
MenuMENU
SearchSEARCH

Retailer Launches ‘Micro’ Leases

AutoNation testing six- to 12-month terms in two key US markets.

August 8, 2023
Retailer Launches ‘Micro’ Leases

At lease’s end, the lessee decides whether to extend the micro lease subscription, buy the vehicle or swap it.

IMAGE: Pixabay/Raten-Kauf

2 min to read


Vehicle retailer AutoNation is offering consumers what it calls “micro leases” under its Mobility segment.

The leases, currently only available in Southern California and South Florida, can be had for a few as six months and up to 12 months, compared to the traditional 36-month period. AutoNation is marketing them as opportunities for flexibility.

Ad Loading...

“Life changes pretty fast. Now, your car can keep up,” it says on its website. “Drive it on your terms, with no long-term commitment. So you can change your ride to follow the road – anywhere it takes you.”

Customers pick from among new models. AutoNation runs a “soft credit pull” to determine the lessee’s “subscription budget.” The consumer requests the length of the lease and how many miles he or she will require during the period – 800, 1,000 or 1,200, with overage at 25 cents per mile. The entire process, other than picking up the vehicle at the store, is done online and takes just minutes, AutoNation says.

At lease’s end, the lessee decides whether to extend the micro lease subscription, buy the vehicle or swap it.

“Don’t worry about loans, interest, or depreciation,” AutoNation’s micro lease page says. “You can even test drive your car before you drive off.”

The page gives a cost breakdown based on a 12-month micro lease of a Dodge Challenger: a $2,400 upfront payment, $820 monthly lease payment, and all maintenance included, with a limited warranty.

Ad Loading...

Originally posted on Auto Dealer Today

More Showroom

Phot of a dark Kia vehicle interior with steering part of steering wheel and dashboard
Showroomby Hannah MitchellJune 29, 2026

Focus on Vehicle Cabins

The market for interior materials will grow in coming years as automakers look to meet consumer demand while staying competitive with changeups to sourcing and included features.

Read More →
Photo of multiple new SUVs on a car dealership lot
Showroomby Hannah MitchellJune 22, 2026

State Follows Federal Warning on Auto Ads

The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.

Read More →
Map of Europe next to back of EV car.
Showroomby Lauren LawrenceJune 22, 2026

European EV Market Hits Record

Seven out of the top 10 electric vehicles sold so far in 2026 in Europe are by European brands, and automakers are seeing the power train fill up their order books.

Read More →
Ad Loading...
Person pumping gas into car.
Showroomby Lauren LawrenceJune 17, 2026

Used EVs Outpace New

While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.

Read More →
Dodge emblem on orange vehicle
Showroomby Hannah MitchellJune 15, 2026

New Vehicles Down for Most Brands

Healthy May sales cut into inventory as automakers kept a tight reign on supply, though some brands ended the month with excess units on the ground.

Read More →
Photo of the back of an electric Mercedes
Showroomby Hannah MitchellJune 10, 2026

Auto Prices Ride May Moderation

Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.

Read More →
Ad Loading...
Orange Mitsubishi car on grass
Showroomby Lauren LawrenceJune 8, 2026

Mitsubishi Sets Growth Strategy, Structural Transformation

The Japanese automaker aims to 'strengthen products and technologies that embody its brand identity,' focus on its strongest markets and expand value-chain businesses 'that leverage its unique strengths.'

Read More →
inside of car, view of steering wheel with hands on it driving
Showroomby Lauren LawrenceMay 29, 2026

Affordable, Safe Cars for Teen Drivers

Families looking to balance affordability and safety in vehicles for their teen drivers can look to the updated list of recommended vehicles by IIHS and Consumer Reports.

Read More →
Gray-scale photo of a line of Mini cars in a dealership parking lot
Showroomby Hannah MitchellMay 27, 2026

Auto Dealers Feel Better But Not Great

A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.

Read More →
Ad Loading...
exterior daytime image of Porsche North Miami dealership
Showroomby Lauren LawrenceMay 22, 2026

Holman Opens Porsche Dealership in Miami

The North Miami store features the brand’s signature Destination Porsche design concept, combining contemporary architecture and technology to create what the auto group calls an ultra-luxury experience.

Read More →