If you are interested in leasing a car in the near future, making sure you meet all the minimum requirements is an important first step. First and foremost, it’s important to know your ideal credit score to lease a car.

Lease requirements vary from dealership to dealership, so while there is no real hard “minimum” number, you can expect that the better your credit score is, the better your chances are at getting a lease. 

How Do I Earn an Ideal Credit Score for Leasing a Car?

Before you can begin car shopping, it is important to know your credit score. You can request a credit report from each of the 3 credit bureaus, however you can only do this once each year. Another great alternative is to utilize services like Credit Karma or Mint to keep an eye on your score month-to-month.

If your credit score is lower than the average, or you simply want to improve your credit score to lease a car, there are some steps you can take.

  • Lower your debt – Your credit score is based on many factors, but one of the largest impacts is your credit utilization percentage. Lowering your balance on credit cards to under 30% will help improve your score.
  • Never miss a payment – late payments on credit cards, bills, or loans will negatively impact your credit score. Be sure to pay on time to be in good standing.
  • Keep your credit accounts open – your credit history takes the average length of your open accounts. Keeping your accounts open (unless you cannot afford the yearly fee) will give you a larger credit limit total and reflect positively on your score.

If you are confident about your credit score, check out some of our great lease deals. At D&M Leasing we are all about making the car leasing process easy. We want to see you in a new set of wheels with one of our EZ Lease or EZ Lease Plus programs. Get in touch with us today with our contactless communication – fill out the form below or call us now!