Qualifying Credit Requirements For Leasing With US
A car lease is effectively a large loan, so your credit score DOES come into play. Generally, credit scores range from 300-850, with a higher score signifying less credit risk. With many dealers who offer leasing, their requirements for are typically much higher for leasing than they are for traditional financing. This is especially true when leasing from luxury car brands where people are seldom able to lease with credit scores under 750.
Generally, the dealership will only pull a single credit score from one of the three credit bureaus. While this may seem like an advantage, it could actually backfire, as credit scores always differ among bureaus. For example, you may have a score of 740 with one bureau and 690 with another. If the dealership pulls credit from the bureau with the lower score, you could end up with a higher monthly payment or no financing at all.
But with Kiser Auto Leasing, LLC, the general requirements for leasing are pretty much the same as they would be for traditional bank or dealer financing. This is great news for you! And these requirements apply to every car we lease. If you have questions, just give us a call at 703-871-3900 today.
If you’re ready to get started, just click the link below and get into your brand new car with our FREEDOM LEASE fast!