In this study, the effect of niobium addition and a specific preheating process on the microstructure and tensile properties of 52CrMoV4 steel used in leaf springs was investigated. Flat and leaf spring materials were used to accomplish this aim. The flat materials under investigation were kept in a furnace for 90 min at 900 °C. A homogeneous microstructure was aimed for with the use of this pre-annealing heat treatment in addition to the standard process before rolling used to create NbC. Leaf spring production was carried out with flat materials that possessed various Nb contents, with or without pre-heating. Grain size measurement and tensile tests were performed on the flat and leaf springs. Additionally, scanning electron microscopy images were captured from the fractured surfaces after the tensile tests were carried out. The current study highlights the importance of Nb addition as an alloying element and the effect of the selected pre-annealing process in optimizing the grain structure and enhancing the tensile properties of leaf springs. The leaf spring with a Nb ratio of 0.0376 that was pre-annealed exhibited a finer grain structure (G = 11.3), greater tensile properties (YS = 1550 N/mm2 and UTS = 1688.6 N/mm2), and deeper tear valleys and larger dimples, indicating higher energy consumption during fracturing, according to the SEM images produced, in contrast with the other materials studied.