What income do i need to lease a car

What income do i need to lease a car

You do not need to be employed to lease a car, however, you must be receiving a regular form of income or benefit. You must be able to prove you can afford the monthly payments in order to be accepted.

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There is no absolute minimum amount of income making you eligible for car finance, since different lenders take into account a whole range of factors when deciding whether or not to advance you a loan. Some of our lenders will need to see bank statements or payslips, while others will not.

What income do i need to lease a car

A declaration of income, supported by documentary evidence of its regularity and amount, is typically required by any lender advancing the finance for you to buy a car – or van or motorcycle for that matter.

That income does not have to come from full-time employment alone, and could be from your own business if you are self-employed, from your pension if you are retired or even from your benefits.

What income do i need to lease a car

With a large panel of lenders on board, we can even consider car finance applications if you are in receipt of benefits such as tax credits, child benefits, jobseekers allowance, disability living allowance (DLA) etc, if you do not have a bank account or if you have a student overdraft.

I hope i’ve helped you out. For people reading this and asking What income do i need to lease a car then please apply here and once approved we provide a no obligation quote and you can lease a car from any dealer in the UK.

Of course, if you have anymore questions about What income do i need to lease a car , we’re more than happy to help. Our friendly and helpful staff are only a phone call away on 028 7122 8822 . Or contact us online here.

What income do i need to lease a car