Tuesday, September 25, 2007

Score not high enough for a car lease approval.

The small print for a car lease requires a Beacon score of 740. Even with excellent credit almost no one meets this. Do you think that this is bait and switch?
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I sold cars for years.
Leases are like a 2 yr rental
The compnay always owns the car.
It requires more trust and therefor higher scores.
Of course it is a bait and switch. Almost all SALES are.

But alas all is good.
YOU DO NOT WANT TO LEASE A CAR

Here is some not asked for money advice to carry for life
buy a used car and keep it for 10 years
remember that
buy a used car and keep it for 10 years

This one approach will save a houshold more money than almost any one but of money advice that can be given
I use it.

You know what my boss used to tell me. Owner of a dealership for 20 years.
Buying new cars is for dummies. Smart people buy used cars.

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