How Island CDJR Can Help Your Bad Credit

When it comes to purchasing a new vehicle, those of us with less-than-desirable credit scores often fear that there’s no hope for us.  Rest assured!  Leasing a brand-new vehicle is a great way to improve your credit score without compromising on a new vehicle at a price that’s affordable!  Read on to find out more.

Leasing is a great way to invest in a brand-new car, truck, or van while positively impacting your credit score.  Some of the major benefits include saving money over time as you can continually get the best deal on a new car each time you start a new lease.  Your new vehicle will also be under warranty the entire time it’s in your possession so if any issues arise, it won’t cost you the money you may not have.  Repairs often get put on credit cards and if you’re trying to boost your credit score, that certainly won’t help.  Another great aspect of leasing is that you won’t have any negative equity at the end of the lease.  You can’t lose money the way you do the moment you drive off the lot with a newly purchased car!

Choosing a lease provides you with a predictable monthly payment that you can accurately budget for.  Most lease agreements last for three years so the vehicle is under the manufacturer’s warranty.  While unexpected repairs are recovered, keep in mind that you will need to cover oil changes, routine maintenance, and tire rotations yourself.  Be sure to budget for those as well – if there is damage to the vehicle at the end of the lease due to negligence you’ll have to pay costly fees to the dealership to repair them.

Many people also have difficulty coming up with a significant down payment.  Luckily, leasing often means no money down is required without greatly affecting your monthly payment.  It is important to note that leasing is not ideal for those who have to drive a lot.  Most leases range from 9,000 to 12,000 allotted miles.  If you exceed them, you will have to pay another fee to the dealership.

Whether you’re ready to lease or buy, Island CDJR is here to help!  We make the process so simple that you can even purchase your next vehicle from the comfort of your very own home!  Give us a call at 844-673-0278.  We are conveniently located at 1239 Hylan Boulevard in Staten Island, New York!

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