We understand that getting turned down for a Subaru lease can be upsetting, but don’t worry. You still have some options here at Lester Glenn Subaru. Here are a few ways that you can get behind the wheel of a Subaru car.
If your lease application was denied, you might have too much debt. Paying off some debt can raise your credit score and make you more attractive to lenders.
If you have poor or no credit, you can piggyback on someone else’s good credit by enlisting a co-signer. They will sign onto your loan and agree to be responsible if you default. Remember that the co-signer must have an impressive credit history for this to work, so you cannot get just anyone to sign onto your loan.
Sometimes, a driver who is turned down for a lease can find Subaru financing for a new vehicle. This is because Subaru leases are reserved for drivers with the best possible credit scores. If your credit is not the best, you still might be able to secure a loan for a new Subaru car, especially if you make a larger down payment and take out a smaller loan.
You could also opt for a less expensive pre-owned Subaru vehicle. Tell us what you’re looking for, and we’ll do our best to help you find something that fits your budget.
If you want a new Subaru vehicle, visit our Subaru dealers in Toms River, NJ. Lester Glenn Subaru makes it easy to explore your options and pick the one that fits you best. We look forward to helping you!