Do you really need a full time job to lease a car?

Getting approved for a lease is essentially the same as getting approved for a loan. One of the requirements is that you must prove that your income is sufficient and reliable enough to make the payments. Most part time jobs do not meet this requirements.

An exception may be a part time job with a high hourly wage. But if the job is minimum wage or only a couple dollars over this won't get you approved.

Have your brother try this.

Find out what the monthly lease payments and the signing fee is. Many times you are required to pay a couple thousand dollars up front when you sign the lease contract.

Take the signing fee and put this money in the bank and start a car fund. Do not touch this money for anything. Do not cheat. If you can not afford to do this, you can not afford this car.

The first of every month pay the monthly lease payment to yourself. Deposit this money into your car fund. Do not cheat. If you can afford to do this, you can not afford to lease this car.

As a condition of the lease you would be required to keep full coverage insurance on this vehicle for the entire lease. Call around to some local insurance agents and get some quotes to see how much per month this insurance will cost. Pay this amount to yourself. Deposit this money into your car fund. Do not cheat. If you can not afford to do this, you can not afford to lease this car.

Let's assume this lease would be for 36 months. Continue to make these payments to yourself for 36 months. Do not cheat. Do not touch this money for anything. If you can not afford to do this, you can not afford to lease this car. In 36 months you would have a decent amount of money in your car fund. Enough to pay cash for a very decent used car or enough to make a nice down payment on a new car.

If you were to pay cash for a nice used car you could start the process over again. Maybe this time increasing your monthly payments to yourself. In a few years you could buy an even nicer car.

This is exactly how I buy my cars. I have been doing this for a while. I recently bought a 1 year old used car with about 12,000 miles on it. This is a certified used car with an extended warranty. I paid cash for this car. It takes a while to get to this point. But it is really worth it. I make a little interest on my car fund instead of paying interest to a lender.

even inspite of the undeniable fact that non-money stay on your credit document 7 years, in the event that they get a judgment against you that is going to proceed to exist there till you pay it off PLUS interest the choose will placed on it...and you'd be paying invariably then. that is going to wreck your occupation somewhat in case you're going into something concerning bookkeeping, banking, financing, handling funds. yet your accountability would be puzzled to boot by fact in case you do not pay it off then that is going to look such as you probably did not want to. That mark on your credit card will additionally shop you from paying for yet another first rate motor vehicle to boot as getting further credit, paying for a house, and so on.. Now if that have been a offered motor vehicle and not a leased motor vehicle and you defaulted then you definately could have been waiting to purchase back your motor vehicle on the known public sale, or maybe decreased the invoice by deducting the cleansing they did to the motor vehicle in the past they tried to sell it at public sale. each now and then leased automobiles inspite of the undeniable fact that, in the experience that your contract says so, you are able to purchase the motor vehicle on the tip of the hire. If there is any way you are able to artwork and faculty on the comparable time and pay for that previous leased motor vehicle then do this. possibly somewhat of a commencement present your loved ones pays that debt for you.