Car lease Florida with no credit history
#1
Forum Regular
Thread Starter
Joined: Jan 2010
Posts: 54
Car lease Florida with no credit history
Hi All, Curious to know what kind of prices any newcomers to the US are paying for lease cars and insurance on arrival with no credit history currently. Have studied many great threads on here but just wondered about good / bad recent experiences just to get some 'feel' for the market. Noticed that most ads for car dealers around central Florida have the worrying phrase "for well qualified buyers" attached to their giveaway prices! I am reasonably well qualified but pretty sure they are not talking academically...credit again!
I am bit of a car fan but before I start dreaming in Autotrader.com just need to know if i am being realistic! Thanks!
I am bit of a car fan but before I start dreaming in Autotrader.com just need to know if i am being realistic! Thanks!
#2
Lost in BE Cyberspace
Joined: Feb 2004
Posts: 14,577
Re: Car lease Florida with no credit history
Hi All, Curious to know what kind of prices any newcomers to the US are paying for lease cars and insurance on arrival with no credit history currently. Have studied many great threads on here but just wondered about good / bad recent experiences just to get some 'feel' for the market. Noticed that most ads for car dealers around central Florida have the worrying phrase "for well qualified buyers" attached to their giveaway prices! I am reasonably well qualified but pretty sure they are not talking academically...credit again!
I am bit of a car fan but before I start dreaming in Autotrader.com just need to know if i am being realistic! Thanks!
I am bit of a car fan but before I start dreaming in Autotrader.com just need to know if i am being realistic! Thanks!
It's the same with insurance too.
#3
Account Closed
Joined: Jun 2008
Posts: 760
Re: Car lease Florida with no credit history
There is such thing as 'in house finance' our friends done this in florida, they had NO credit history, picked a car and more or less, bought it straight away. But I cant remember I think their interest rate was quite high. Still, they managed to buy a car, with $$ down payment and finance the rest. Although this was a couple of years ago now, so I wouldn't have a clue if this is still available.
#4
BE Forum Addict
Joined: Feb 2006
Posts: 4,820
Re: Car lease Florida with no credit history
Speaking as an ex car salesperson at the mian Ford Dealers in upstate NY the esiest way to get credit is to buy a car. Having no credit history doesnt matter. The finance manager will talk to whichever credit co he is assotiated with and as a first time buyer with no history they will offer you good rates. When I first started here they got me 6% interest on a brand new Ford Focus. Leasing is even easier.