CAN I QUALIFY FOR A ZERO-DOWN VEHICLE LEASE?
A lot of people are looking for no-money-down leases when they are in the market for a
new car, truck, or SUV. Car dealers and manufacturers might offer no down payment on a lease to
entice potential customers, and showcase cars, trucks and SUVs they have on their lots.
Consumers might want one for a range of reasons, but mostly it is to save money at the start of
the lease. Considering a non-refundable payment of $1,500, $2,500, $4,000 or more at the start
of a lease, it's understandable that you may want to spend less when you sign the agreement.
If you are looking to lease a car but do not have cash on hand, you might want to search for a
0-down lease.
However, "zero-down" doesn’t mean that you can just come to Bellavia Chevrolet (or other dealerships
in NJ) with an empty wallet and drive away in a new car without paying. Even with a 0-down
lease, you will still have to pay some fees, any sales tax, and often the first month’s lease
payment.
0-downs are a larger risk for the leasing company should you default. That's why, in general,
no-deposit car leases are available exclusively for customers with a very good credit score, or
what we call "Tier 1".
Call us at if you want to figure out if you qualify or to talk about the right option
for you for leasing a new car.
