Signing a RAM lease is a big obligation, so it's smart to ask any questions before you make a commitment. At Brunswick Auto Mart, we can answer any questions that you have about leasing, and we'll do everything that we can to help you figure out if this kind of arrangement is the best way to get you behind the wheel of a RAM truck.
Here are some of the questions we're asked frequently. Your questions might already be answered!
Do I Need Good Credit to Lease a RAM Vehicle?
Generally, yes. A lease is a big financial obligation, and most lessors don't want to go into business with just about anyone. A good credit score shows that you're somebody who takes such financial obligations seriously and that you pay bills on time.
Can a Lease Affect My Credit?
A lease can affect your credit in good and bad ways. If you make each monthly payment on time, a lease can actually help boost your credit score. If you are frequently late with payments or you default on your lease, that could harm your credit score and make you look less attractive to future lenders.
Can I Have a Co-Signer?
If you can't qualify for a lease on your own, someone with better credit can act as a co-signer. They are essentially agreeing to be responsible for the lease payments if you fail to meet your obligations.
What Limitations Come with a Lease?
Leases often limit how many miles you can drive each year. You also can't install accessories or performance parts because a leased vehicle isn't really yours.
You may also have to pay for excess wear and tear if you really put your truck through the ringer during your lease. If these terms don't work well for you, we can answer your questions about financing and car loans!
If you're ready to lease a RAM truck, visit our new car dealership near Akron, OH. Our RAM financing experts are standing by, ready to assist you with all of your lease-related questions!
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