Question:
I want to lease a car how does it work and do thye check credit?
Answers:
how much could i sell car for?
Leasing can be the best option by far, depending on how long you plan to keep the car. If you drive low mileage and will more than likely trade it in within 2 years, purchasing would be an absolute mistake because you will have too much negative equity. Make sure however that you pick the right plan for you in regards to mileage and term. Any website which says leasing is the worst way to go about getting a car doesn't know much about the economy.When I go buy a car do I have to have "cash" for my down?
Leasing still does credit checks, however they can be more lenient v/s buying. Leasing is a way of getting a new vehicle at most often a lower payment than purchasing. Once the lease term is done, you have the option to purchase the car at the predetermined residual value, which you will know before you take delivery, or simple hand over the keys and purchase/lease another vehicle. There will be a vehicle inspection at turn in, however there are many lease protection plans available.
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If you plan to keep the car for 4 years or more or drive more than about 18K miles a year, then I would suggest purchasing. I hope this helps.
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Go to DaveRamsey.com he calls it a fleece It is not a good deal for you but it is for the dealerIs a 4x4 better then the all wheel drive?
I sold and leased all makes of vehicles. Honda, GM, Ford, etc. and sold autos through leasing co. and repo dealers. As for your credit check they do it the same as if you were financing it. Except if you have less than perfect credit it is a little easier to qualify if you are leasing.PLEASE go to my page and check out my best answers.
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Buying VS leasing. Best way to buy a car and how do I trade in my car.
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