2014 honda ex lease take over with no credit score?
My name Sean I'm a nursing student and I need a car for school so I been looking at lease swap. At first I was just going to buy a car but then find leasing but said it was dumb leasing a car till I find out about taken over someone lease I just so happened to find a 2014 honda ex with 24 months left on the lease the buyer paid a large down payment I'm guesting because the monthly pay ments or only 167$ a month now if we do the math that's about 3900$ left on the payments however he only has 999 miles every month left on the car, I really won't be driving it that much I really wanted too lease this car and could even pay the 3900$ plus tax in full but don't have a credit score so I'm just unsure if I could take over his lease what do you can think? Any help or tips would be nice I also feel this is a good way too build a credit score plus I would buy the car at the end of the lease I lived in the same place for 13 years if that helps haha so won't skip out on payments or with the car
To take over a lease, the lease finance company has to process the paperwork and approve you and change the lease to your name. Getting approved may be a problem if you don't have a good credit score. But you won't know for sure until you try.
Do not lease a car. It's a bad financial move.
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