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I need the scoop on income requirements for leasing

Regular Contributor

I need the scoop on income requirements for leasing

Is there any real chance of a fulltime college student with a part time income and no cosigner getting a lease on a bottom of the line new car? With a credit profile that consists of only a previous student loan - account is seven years old & is in good standing?



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Valued Member

Re: I need the scoop on income requirements for leasing

Definitely.  I was and still am a fulltime college student two years when I was approved for my 2011 Mazda3 lease.  My monthly income at the time was roughly $1200 a month.  My credit history was less than 2 years with a mix of student loans and 3 or 4 credit cards.

 

Hope that bit of info helps!

 

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