Ideal Credit Score to Lease a Car

chris on May 21, 2020

If you are interested in leasing a car in the near future, making sure you meet all the minimum requirements is an important first step. First and foremost, it’s important to know your ideal credit score to lease a car.

Lease requirements vary from dealership to dealership, so while there is no real hard “minimum” number, you can expect that the better your credit score is, the better your chances are at getting a lease. 

How Do I Earn an Ideal Credit Score for Leasing a Car?

Before you can begin car shopping, it is important to know your credit score. You can request a credit report from each of the 3 credit bureaus, however you can only do this once each year. Another great alternative is to utilize services like Credit Karma or Mint to keep an eye on your score month-to-month.

If your credit score is lower than the average, or you simply want to improve your credit score to lease a car, there are some steps you can take.

  • Lower your debt – Your credit score is based on many factors, but one of the largest impacts is your credit utilization percentage. Lowering your balance on credit cards to under 30% will help improve your score.
  • Never miss a payment – late payments on credit cards, bills, or loans will negatively impact your credit score. Be sure to pay on time to be in good standing.
  • Keep your credit accounts open – your credit history takes the average length of your open accounts. Keeping your accounts open (unless you cannot afford the yearly fee) will give you a larger credit limit total and reflect positively on your score.

If you are confident about your credit score, check out some of our great lease deals. At D&M Leasing we are all about making the car leasing process easy. We want to see you in a new set of wheels with EZ Lease. Get in touch with us today with our contactless communication – fill out the form below or call us now!

First Time Car Lease Tips

chris on April 14, 2020

It is best to know some car leasing tips and tricks before walking into the dealership. Read our blog post to find out about our first time car lease tips.

The Top 5 Myths About Leasing a Car

chris on April 14, 2020

There are some falsehoods about the car leasing process. Read the blog post to find out why we are debunking the top five biggest myths about leasing a car.

Can I Move Out of State with a Leased Car?

chris on February 26, 2020

If you are planning on moving soon, you may be wondering, “can I move out of state with a leased car?” or “are there additional fees if I am moving out with a leased vehicle?” The following quick steps will help in answering these questions.

Step 1 – Review your Lease Agreement

The lease agreement signed will outline your ability to take the vehicle out of state. If you are planning on moving out of state with a leased car, review your lease agreement. The terms and conditions associated with taking your car out of state will be outlined in the agreement.

Step 2- Inform & Obtain Documentation from the Lessor

Every lease agreement is different. The ability to move out of state with a leased car depends on the agreement made between the lessor and lessee. If this information is not outlined in your lease agreement, it is best to inform the lessor or leaseholder about moving out of state with your leased car. Insure with the leaseholder that there are not any limitations in which you cannot move your lease out of state.  

Ask the lessor if there are any additional documents you need to ease the lease transition from state to another. The leaseholder will provide the necessary documentation to facilitate your request. Additional documentation may be necessary if there is a specific laws, tax or fee associated with your new state.

Step 3 – Review New States Vehicle Fees

The last step when thinking about moving out of state with a leased car is registering your vehicle in the new state. Prior payments, taxes, and fees will vary from each state & may or may not migrate from one state to another. It is important to be aware of the new state’s laws, taxes, and fees applicable with your leased vehicle.

In short, yes, you can move your leased car out of state. Insure that the ability to move your is outlined in your lease agreement and/or inform your leaseholder. We hope the steps above will help ease the process of moving out of state with a leased car. D&M Auto Leasing is here to help answer questions and make leasing your next vehicle fast, simple and easy. Read more about our EZ Lease for your next car lease.

Government Fleet Vehicles Program

chris on February 20, 2020

D&M Auto leasing offers fleet management solutions that make government fleet leasing easy. Read more about our government fleet vehicles leasing solutions.

Can You Lease to Own a Car?

chris on February 7, 2020

A lease to own a car program gives you the flexibility to own your vehicle after the lease term ends. Learn more about our D&M Auto Leasing programs.

D&M Leasing Named Top Employer by The Dallas Morning News

chris on January 17, 2020

Dallas Morning News Names D&M Auto Leasing Top Employer in Dallas. 

We are very proud to announce that D&M Auto Leasing was selected as a Top Employer by The Dallas Morning News in the 11th Annual Top 100 Places to Work across North Texas. The award is based on feedback from our awesome employees who voluntarily provided anonymous feedback. Our employees completed a company review about their job, work environment and employer over the past year.  In 2019, the event received the largest number of entries in history. The results were compiled by research partner Energage.

D&M’s accomplishment as a first-time winner is extremely meaningful. The awards were divided into three categories, Best Large Companies, Best Midsize Companies and Best Small Companies.  

 

D&M finished #19 in the Midsize Category.

“D&M Leasing has earned many awards over the years. This award means more to me than any other recognition we have received. This recognition tells the community we serve that our companies’ strength is built on the hard work, dedication, commitment and engagement of team members who serve our customers exceptionally well. It conveys that you believe in what you are doing, are passionate about your business, and take pride in your work,”

-CEO Mike Hernandez

 

Learn more about D&M Auto Leasing’s award in the following link:

D&M video:

https://www.dallasnews.com/business/top-100/2019/11/14/dm-leasing/

 

Top 100 Places to Work:

https://www.dallasnews.com/business/top-100/

Best 2020 Car Lease Deals

chris on December 20, 2019

D&M Auto Leasing is offering special new year car lease deals on remaining 2019 cars, trucks, and SUV’s to make space for 2020 models. Call us for details

You can also begin the new year with one of our top picks from the best 2020 lease deals listed below. D&M Auto Leasing is offering special new year lease deals on top rated sport utility vehicles and pickup trucks. We have some of the best values now on lease deals for the end of the year.

Best 2020 Car Lease Specials for SUVs

1. The 2019 Jeep Cherokee Limited Edition is a small crossover SUV that comes standard with Apple Carplay, a turbocharged 4-cylinder engine and top rated suspension living up to Jeep’s off-roading reputation. The 2019 Jeep Cherokee Limited-Edition trim includes leather seats, heated front seats, and an 8.4inch touchscreen infotainment console. The Limited Edition trim includes blind-spot warning and rearview camera system. D&M Auto Leasing is currently offering $399 monthly payment on a 2019 Jeep Cherokee Limited Edition.

2. 2019 Toyota 4Runner SR5 Premium is a midsize SUV that seats up to 7 when the lie flat 3rd row is raised. The SR5 Premium Edition trim comes equipped with a navigation infotainment system, leatherette seats, rear-view camera, and optional moonroof. The Toyota 4Runner comes standard with a V6 Engine with 270 horsepower and rear wheel drive. Take advantage of the SR5 Premium trim suspension upgrade to all-wheel drive for better handling off road. Inquire more about the new year car lease deal on 2019 Toyota 4Runner SR5 Premium for a monthly payment of $398 a month at D&M Auto Leasing.

Best 2020 Car Lease Specials for Pickup Trucks

Looking for a top performing pickup truck? Take a look at our top mid and full size pickup truck lease deals in the new year.

1. 2019 Toyota Tacoma Double Cab SR5 is a midsize truck with a standard four cylinder engine with 159 horsepower and average fuel economy of 23mpg. The Toyota Tacoma Double Cab SR5 Edition trim has an optional V6 engine upgrade for more power and torque. The SR5 Edition trim comes equipped with fog lights, smartphone navigation and power windows. Learn more about leasing this truck for a $298 month with $0 down. 

2. 2019 Ford Ranger XLT is a midsize truck with a standard four cylinder engine with 270 horsepower. The Ford Ranger XLT has an average fuel economy of 23mpg, and comes equipped with top rated safety features. Feel reassured with standard features like rear cross traffic alert, lane keep assist and blind spot monitoring. The Ford Ranger XLT comes standard with SYNC 3 infotainment system and 3year/36,000 mi warranty. Inquire about leasing the Ford Ranger XLT trim for a $298 monthly payment with $0 down. 

3. If you are looking for more cargo space and towing ability, consider a full-size pickup truck such as a 2019 Dodge Ram 1500 Lone Star Crew Cab. The Dodge Ram 1500 comes standard with a V6 engine and an average fuel economy of 23mpg. The Dodge Ram 1500 can carry payloads up to 2,320 pounds and tow up to 12,750 pounds. The Lone Star Crew Cab trim comes with upgrades like push to start engine and a 5-inch infotainment screen. Inquire at D&M Auto Leasing about the current lease special of a $399 monthly payment. 

Stay up to date with our car lease deals in 2020 on our car lease deals page. For our most recent specials fill out the quote form, and one of D&M Auto Leasing agents will call you back. For more information on best 2020 car lease deals EZ Lease program contact D&M Auto Leasing today.