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Do one need to have good credit to lease a car?
Asked by unknown
1 Answers
Though leasing might be a good option if you're tight on cash and have a poor credit history, it can be difficult to qualify. Most low-interest and ï¾no down payment" lease incentives are based on credit approval. Cars Direct states if you don't have a credit score above 720, those good deals might not be available.
How do you get out of a car lease?
Asked by unknown
1 Answers
One can get out of car lease as follows: a) Transfer Your Lease. Probably the easiest and most popular way to get out of your lease early is to transfer it using a 3rd party service such as Swap A Lease or Lease Trader b) Sell or Trade the Vehicle c) Return Vehicle and Pay Penalties d) Ask Leasing Company for Help e) Default on the Payment.
How long is a normal car lease?
Asked by unknown
1 Answers
The average car lease "term", which is the number of months in the contract, dropped slightly from 42 months in 2003 to about 36 months in March 2011. It is even common now to see leases for as few as 24 months.