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Leasing a car or buying?

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Anonymous
Not applicable

Leasing a car or buying?

My car is about to give up the ghost.  I'm trying to build up my credit from Fair to Good.  What affect will leasing a car have on my credit?

Message 1 of 3
2 REPLIES 2
ezdriver
Senior Contributor

Re: Leasing a car or buying?

I don't know that there is any difference to your credit. One needs much better credit to lease vs buy. In either case, you are financing the portion of the vehicle that you use.

Message 2 of 3
Anonymous
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Re: Leasing a car or buying?

I did not know credit score had to be better to lease a car than to buy.  Very useful information.  Thank you.

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