Kia Lease Or Finance And Your Credit Score

Are you wondering about the credit score to lease Kia vehicles? While the exact number can vary depending on your circumstances, there are general guidelines to keep in mind as you consider your automotive options moving forward. Typically, you’ll want a credit score of 700 or higher in order to take out a Kia lease in Kennesaw, GA. That said, as we’ll discuss below, these Kia credit score requirements are a rule of thumb as opposed to something set in stone.

There are a number of advantages to signing up for a Kia lease. When you lease a vehicle, you get to drive a brand-new car without being concerned about its long-term upkeep. This is because you’re essentially renting it; you’ll often return the automobile to our dealership once your lease has run its course. Typically, your lease will run between 24 and 48 months, though these terms vary depending on the car, special offers, and other factors. Please read on to learn more about the leasing and financing possibilities here at Jim Ellis Kia of Kennesaw.

As noted above, you’ll typically want a Kia lease credit score of 700 or higher. The team here at our store does, however, understand that sometimes folks’ credit score is not reflective of their financial situation. Whether you’ve been a victim of identity theft or are working to rebuild your credit over time, we’re willing to consider your current financial situation and work with you to try to secure you a lease or financing package.

Due to the case-by-case nature of this work, we cannot list a specific lowest credit score required for Kia lease opportunities that we will accept. Suffice it to say that it becomes harder for us to work with a bank or another financial institution to secure your purchase or lease agreement the lower your score is.

While there are important differences between financing and leasing a Kia vehicle, your credit score will impact both options. Just as there is not a set credit score to lease (though there is a common threshold), there is not a specific score needed in order to secure automotive financing. In fact, financing can be a little more flexible than leasing in this regard – some lenders will simply charge a higher interest rate when an applicant has a less-than-ideal credit rating.

When you work with us, you’ll find that we provide rotating Kia specials that make it easier to get behind the wheel of your dream car. You may be able to find Kia $0-down payment offers, Kia first-time buyer options, Kia second-chance financing, and more.

Most of the time, dealerships in Kennesaw, GA, and beyond are going to look for a credit score of 700 or better when someone wants to take out a lease. While this is not part of a set of unbreakable Kia credit score requirements, it’s a common standard.

Whether you have a 700 or not, we suggest getting in touch with our Kia finance center team to discuss your options. We can help you decide between buying and leasing, for example.

In order to maximize the time you spend on our dealership lot, we’ve made it easy to get prequalified online. If you arrive at our store with a fuller picture of your financial options, we can spend more time picking out your next car or SUV.