I make a lil over 65k on the books and about 10-15k off. My credit score at all 3 bureas is between 648-660. Will Land Rover financial give me a hard time leasing a 2005 Range Rover? (retail 50-60k). I have no negatives on my credit report. I do however have 15k in student loans I am still paying off and my current car loan that has 23k left that I have paid on time for the last two years. I also have about 10k in random credit card debt (revolving credit). I have had those accounts for 2-4 years and none of them have ever been late.
2007-02-15 04:17:08 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
I work for an Audi dealership in NYC. You most likely will encounter a hard time trying to seal that deal for the Range Rover. They can "get you done", but your lease payments will be astronomically high. Remember , the Range Rover ,new, retails for almost $80,000. The finance manager will basically question why someone who is making your salary is looking for a luxury car which costs as much as their salary, and that might be a big problem. Fill out a credit report, and give a deposit, See what they can do. If not try to get a co-signer
2007-02-15 04:31:43 · answer #1 · answered by Jennaba9048 1 · 1⤊ 0⤋
1
2016-10-15 08:06:44 · answer #2 · answered by schoemaker 1 · 0⤊ 0⤋
Land Rover Lease Credit Score
2017-01-19 04:11:53 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Very borderline.
Income could probably handle it, but car companies tend to be more strict on middle of the road credit scores when it comes to leases. If they say no, you could always see if someone could co-sign with you.
Do remember that they work on commison though, so they will work with you the best they can to get you the car. But if the financial company they use sais no, there is not much they can do to help you.
2007-02-15 04:25:00 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Yep. Car companies want to see at least a 680 to even THINK about giving leases at a decent rate. You might as well just buy it outright if you're running miles low enough to consider a lease, and trade it in later
2007-02-15 04:21:05 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I want to get Range Rover 2016 ~50k. I will trade in my car and its value is at least 10k and I will down 20k more. My problem is my credit score only fair. Should I be able to buy that car? Many thanks
2015-10-05 08:11:30 · answer #6 · answered by Kim Le 1 · 0⤊ 0⤋
Looks good.
2007-02-15 04:40:44 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Yes, you should be able to do it.
2007-02-15 04:26:07 · answer #8 · answered by Santa Barbara 7 · 0⤊ 0⤋