P&A Providers & Administrators
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 Industry

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →