Do You Need A Cosigner For A Car Lease? What To Know
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If you’re in the market for a new car, a lease can be an appealing option, especially if this will be your first car. In fact, about 25% of all vehicles in the U.S. are leased – not purchased outright. But sometimes your finances alone aren’t enough to obtain a lease or get the terms you prefer. A cosigner can assist you by stepping in to be on the hook for your lease payments if you are unable to follow through with your agreement.