I would like to earn credit but have none and don't want to pay high precentage for a loan for a new car. Also when leasing do you have to have money down?
2007-06-22 05:54:37 · 7 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
You will get credit for leasing a car just like purchasing. You actually can roll your security deposit and first month payment into your lease if you would like, however it will raise payments slightly. I hope this helps.
2007-06-26 03:45:04 · answer #1 · answered by The Auto Evaluator™ 7 · 3⤊ 0⤋
no longer likely to happen. you will could come across a job, and locate an used motor vehicle on the marketplace and purchase it for funds. Use a bicycle interior the period in-between to get backward and forward to artwork. Or walk. not at all hire a motor vehicle. it rather is subprime habit. you purchase automobiles. flow away leasing automobiles to business company proprietors or realtors.
2016-10-02 23:10:39 · answer #2 · answered by Anonymous · 0⤊ 0⤋
don't ever lease a car...it is like throwing your money away...usually you have to put money down to lease a car...in the commercials there is always the fine print that says $1958 due at signing or whatever...
2007-06-22 05:57:25 · answer #3 · answered by Anonymous · 0⤊ 1⤋
hey homie, a word of advice, DON'T LEASE!!! and yes, i am a reliable source, i work for GMAC. but, to answer your questions, you can build your credit, or you can completely ruin it.....leasing sucks! and depending on your dealership, you may or may not have to have money down. for you though, i'd say yes because you don't have any credit.
2007-06-22 06:00:52 · answer #4 · answered by roy s 2 · 0⤊ 1⤋
you must put money down when you lease a car.
2007-06-22 06:03:18 · answer #5 · answered by jon_mac_usa_007 7 · 0⤊ 1⤋
Yes, usually you have to at least put down a security deposit.
2007-06-22 11:04:49 · answer #6 · answered by Derek C 2 · 0⤊ 0⤋
yes, as long as you pay your bill on time.
2007-06-22 05:56:40 · answer #7 · answered by Fat 3 · 0⤊ 0⤋