Whether you need a co-signer to lease a car depends on your credit history, income, and the leasing company's requirements. If you have a strong credit score and sufficient income, you may qualify for a lease on your own. However, if your credit is poor or your financial situation is uncertain, a co-signer can help strengthen your application and improve your chances of approval. It's best to check with the specific dealership or leasing company for their policies.
you need a co signer
Currently no one under 25 can lease a car anywhere in the united states.
The co-signer is responsible until the lease expires or until a new lease is executed.
In most cases, a 17-year-old cannot lease a car on their own because they are not considered legal adults. They would typically need a co-signer, such as a parent or guardian, to be able to lease a car.
Yes Co-signer must be there in person and show a valid driver licenses, with all the correct information. The Dealership will also have to make a copy in-case they are audited.
You need to sign the Certificate of Title over to the co signer so that the vehicle can be legally registered in the name of the co-signer.
You need to sign the Certificate of Title over to the co signer so that the vehicle can be legally registered in the name of the co-signer.
No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.
can a primary co signer take the car away from a secondary co signer
The co-signer cannot be released until the lease has expired unless the lessor agrees to release the co-signer in writing.
If others who are co-signed on the car are in an accident, and cannot afford to pay and charges or fees as a result of that accident, then yes, as a co-signer the primary lease holder will be liable for those oustanding payments.
Whether or not you need a co-signer for a car loan depends on your credit history and income. If you have a strong credit score and sufficient income, you may not need a co-signer. However, if your credit is limited or you have a low income, a co-signer can help you qualify for a loan with better terms.