fico score a leasing autos

[Anonymous]

How does your fico score impact your car lease payment?  I'm considering both leasing and buying a car.  I can figure out my approximate payment with an online calculator.  How do I determine the impact of the score on a car lease?  I know they look up your credit history but how do you know the impact; how can you be savvy about the lease agreement payments being offered?

[llecs]

Can't speak to the lease agreements, but most new accounts will lead to a 15-25 point hit. Of these, most points will return within 4-6 months once it reports.

[cobra19]

bcg......FICO scores do influence your lease payment. As you would expect, the higher your score the higher the probability your payment will be lower. Thing is, you can't tell by how much unless you go and crunch the numbers with the dealer. Also, be advised dealers do not use your FICO score, they use an auto-enhanced score which always seems to be several points lower (at least, that's my experience).

I"ve been leasing my vehicles since 1996. If you are thinking of leasing, I'd check out a few CU's.