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Credit score needed to lease a vehicle

Posted on 12/22/16 at 9:41 pm
Posted by Riggins
Dillon, Texas
Member since Jan 2013
341 posts
Posted on 12/22/16 at 9:41 pm
My wife and I are planning to lease a vehicle from Nissan. What credit score is needed to be approved for a lease?
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75137 posts
Posted on 12/22/16 at 9:47 pm to
710 or so
Posted by WHATDOINO
Member since Dec 2008
6508 posts
Posted on 12/22/16 at 9:55 pm to
Whatever it is for a purchase. It's not much different as the interest will change with score like any other loan
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6545 posts
Posted on 12/23/16 at 9:47 am to
Santander got you covered.
Posted by dshort_bruh
Verbena
Member since Sep 2016
507 posts
Posted on 12/23/16 at 9:52 am to
Nothing different than a purchase.

But if credit is a problem lease really isnt for you. The purpose of a lease is to save money.
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3789 posts
Posted on 12/23/16 at 10:48 am to
It's about the same as a purchase.

Keep in mind that leasing also requires higher levels of insurance. This seems like it might be pertinent.
Posted by LSU5508
New Orleans
Member since Nov 2007
3614 posts
Posted on 12/23/16 at 11:57 am to
Higher insurance ........ never heard that before and I have leased for almost 10 years.
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 12/23/16 at 1:02 pm to
No higher insurance in state of LA (same coverage as financed vehicle) on lease.

630 or above is what is neede to lease, 720 and above is what makes the money factor low enough to save the most in payment.

Sorry you are leasing a Nissan in advance
Posted by Slickback
Deer Stand
Member since Mar 2008
27678 posts
Posted on 12/23/16 at 1:22 pm to
Some lessors require 100/300/100 liability limits
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 12/23/16 at 4:01 pm to
No they dont, use to. But in state of La, same coverage as if financed (15/30/15 i believ), we just leased a Highlander last month, and sale Toyota models
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