How Much Does Credit Impact Leasing? | Andy Mohr Chevrolet Leases
Purchasing a new vehicle can be a stressful and agonizing process, and if you’re planning on financing a car with credit, it can be added stress. But, it doesn’t have to be.
The finance department at Andy Mohr Chevrolet are here to help you with your new Chevrolet lease. Whether your credit is great or less than great, we have many programs and services to help you finance your new vehicle.
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Why Does Credit Matter?
Generally credit scores matter when leasing a vehicle because it determines whether you will be approved for an auto loan, and what interest rate you will pay. Some things lenders look for are on time payments, low credit utilization, and other indicators of reliable credit history.A high credit score will qualify you for a lower interest rate, and also a lower monthly rate. Whereas a lower credit score will still help you secure a lease, but you will also need to pay a higher interest rate or make a bigger down payment. But even with an unfavorable credit score, Andy Mohr Chevrolet has many options to make leasing your dream vehicle possible.
Shop by Credit Score
One way you can explore your financing options is by narrowing your search by credit score. Our search ranges include: 375-480, 480-590, and 590+.These search options allow you to tailor your search parameters to custom meet your needs and can help you find the vehicle that fits your budget and your wallet.
Find your Trade Value
Trading in your current vehicle towards your new purchase can also help get you an offer that is right for you. Take a look at our trade appraisal calculator to estimate the value of your trade-in and get you one step closer to leasing a vehicle.Get Pre-Approved with Andy Mohr Chevrolet
Andy Mohr Chevrolet makes it quick and easy to check your credit score and see what kind of loan you qualify for. Just head on over to the Andy Mohr Chevrolet website to fill out our free credit application to get instantly pre-approved for your Chevrolet lease.Once you’re approved, a member of our financial department will contact you to discuss your lease and financing options. Start the financing process today and soon you will be behind the wheel of your new lease!