Does Credit Impact Leasing? | Joseph Buick GMC

If you plan to lease a car, you probably have some questions. A question we commonly get here at Joseph Buick GMC is “How does credit impact leasing?” Credit does have an effect on your ability to lease a vehicle. That’s true.

However, at our dealership we do everything that we can to help drivers lease a car that they love, even if their credit history isn’t perfect.

Why Does Credit Matter?

Your credit score and history essentially shows a lender a bit about your current financial situation and how you’ve handled other financial obligations in the past. Are you in debt currently? Do you frequently pay bills late? Do you have enough income to meet your existing financial obligations and a new one, your car payment?

Your credit helps firms like leasing companies decide whether or not you can be relied upon enough to make your payment every month. If your credit is good, it is generally easier to secure a lease on a car you want at the most favorable terms.

Our Leasing and Financing Department

If your credit history isn’t perfect, don’t worry. We get it! Life happens, and everyone deserves the chance to rebuild and drive the car they want. That’s why we’ll work hard to help you get behind the wheel of a new Buick model even if your credit score isn’t perfect.

You may not be able to qualify for certain offers, but you can still lease the car you’ve had your eye on. We’ll work with you and find ways that you can drive away in that Buick or GMC SUV.

Why Leasing Could Be Your Best Bet

One good thing about leasing is that it generally costs less than buying a new car would. The down payment on a lease is usually less than the down payment would be if you were buying a vehicle. The monthly payments are often less costly too. Leasing can be a great way to get more car for your money.

So if you do end up leasing, it’s not as big as a financial obligation. You can build up your credit by making payments on time each month. Then the next time you visit our Cincinnati Buick dealers, you might be able to get more favorable terms or qualify for some of the best promotional offers available!

Whether you need a new vehicle or some Buick service, we’re your first stop for all of your automotive needs. Visit Joseph Buick GMC today!