What credit score is used when leasing a new car?

Anonymous · ‎01-22-2015

Do they use your mid-score like with a mortgage?

Revelate · ‎01-22-2015

@Anonymous wrote:
Do they use your mid-score like with a mortgage?

Usually for auto lending one score is pulled, typically and Auto Enhanced industry option when we're talking leasing.

Big captive lenders can pull any of the 3 CRA's, though it's usually regionally based (i.e. Cali = EX).

Anonymous · ‎01-22-2015

Do you know what score is used in Florida? Thank you!

SomeGuyOnTheWeb · ‎01-22-2015

@Anonymous wrote:
Do you know what score is used in Florida? Thank you!

It seems like everyone pulls EQ for me.

EQ - 727
TU - 752
EX - 774

Anonymous · ‎01-22-2015

It depends on the leder some dont even pull fico. You just need to have a strong score all around

Revelate · ‎01-22-2015

@Anonymous wrote:
It depends on the leder some dont even pull fico. You just need to have a strong score all around

What lender doesn't pull a credit report and score outside maybe the BHPH places for auto loans?

Anonymous · ‎01-23-2015

Both Honda and VW pulled TU for me. I had 2 pulls from each, one from the dealer and the other from Honda Finance/VW Credit. The VW dealership (but not VW Credit) also pulled EQ. Not sure about EX since I don't have that report yet.