How many months of paystubs do I need in California to lease a car?
I want to lease a compact car like a Honda Civic or a Toyota Corolla. I never leased before. How many months do dealers usually require for proof of income in California?
A single paystub should be sufficient. It will have Year To Date income totals on it.
Cars are leased by financing companies associated with the dealers. Not the dealers
Each one may require a different amount of employment tenure.
If you don't have at least 2 years of work experience, you might have difficulty leasing a car.
Remember, leasing a car is simply renting the car. For most people, it's not a good financial move.
As many as the dealer wants
However long it will take you to establish a 700+ credit rating. If you have no established credit, that takes a minimum of six months and a specific plan using low balance credit accounts. Read and learn: https://www.studentdebtrelief.us/debt-credit/how-long-does-it-take-to-build-credit/
Advice: buy, don't lease.
More like a 750 score and 6 months on the job.
Every finance company has different requirements for leasing or buying a car with financing. Since you know so little about leasing and financing, you are at high risk of making a huge mistake. Leasing may be wrong for you. Educate yourself before you make a decision.
The amount that the dealership requires. The state does not require anything. Keep shopping around if you don't have enough pay stubs for some dealerships. Maybe others will take the ones you have.
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