Listed In: Car Leasing
Leasing not only lets you save more thanks to lower payments, but if you're a driver that likes variety, then you'll be enamored knowing that you can enjoy the latest models that Kia has to offer every few years when you renew your lease. What credit score is needed for a Kia lease? Who is… Leasing not only lets you save more thanks to lower payments, but if you're a driver that likes variety, then you'll be enamored knowing that you can enjoy the latest models that Kia has to offer every few years when you renew your lease. What credit score is needed for a Kia lease? Who is eligible for Kia financing? To qualify for Kia financing, you generally need to have a credit score between 650 and 850. If your credit score is lower than this, you may still have options, including adding a co-signer or accepting a higher interest rate. Does leasing a car affect credit? A car lease interacts with your credit history much like a car loan would. The lease adds a hard inquiry and a new credit account which often lowers a borrower's credit score at first. But making regular lease payments should add positive data to your credit history, potentially increasing your credit score. Is leasing a car a smart thing to do? Leasing a car can make more sense than an outright purchase under specific circumstances. The most significant factor is your average annual vehicle miles. If you put less than 15,000 miles per year on your car, leasing might be a good option. Mileage is a crucial element in determining your car's resale value. Call us at (475) 558-2090. Read more
1007 Lansing St, Philadelphia, PA (1 Km Away)