Is it possible to lease a privately sold car? Like a 2007 Toyota Yaris?

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New member
I want to lease a car for under $150/month and I saw one website that seemed to offer leasing of privately sold vehicles, but it wouldn't offer leasing for a car under $12K. Is there such a thing as leasing a used vehicle, or are there any new cars leased for $150/month or less?

Thanks!
 
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