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Car Buying Advice-Credit application and proof of income for leasing Infiniti
I'm exploring leasing for the first time and looking into getting an Infiniti Q50 possibly. Been 6 years since I bought my last car. I was employed back then but I don't recall what I provided. Now I'm self employed. What proof of income, if any, do you have to provide to lease a car? I don't really have paystubs or a monthly paycheck anymore (real estate broker). Thanks!
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NathanCrumback Administrator Posts: 508
Great question! You would want to at least have your last 2 years of tax returns and I would be ready to supply at least the last 6 months of bank statements too. Every bank is different but t will also depend on what your credit score comes back as so you should expect to at least supply those.bhairya said:I'm exploring leasing for the first time and looking into getting an Infiniti Q50 possibly. Been 6 years since I bought my last car. I was employed back then but I don't recall what I provided. Now I'm self employed. What proof of income, if any, do you have to provide to lease a car? I don't really have paystubs or a monthly paycheck anymore (real estate broker). Thanks!
Edmunds Moderator6 -
NathanCrumback Administrator Posts: 508If you score high enough, they might not even ask for proof of income.Edmunds Moderator5
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NathanCrumback Administrator Posts: 508Thru Infiniti Financial Services: Tier 1: 740+. Tier 2: 739-720. Tier 3: 719-700. I would anticipate them needing the documents but possibly a top tier score might not warrant any proof of income. I believe they use Experian or TransUnion.Edmunds Moderator1
Answers
Shortly after doing their credit application I got a notice from TU that they'd checked my credit.
This was for a purchase, not a lease, but I'm sure it's the same process to determine credit worthiness.
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