What should I bring to my lease appointment?


What should I bring to my lease appointment?

Buying or leasing a new car can be very exciting, and there’s no doubt that you want to get behind the wheel and on the road as soon as possible. To speed up the loan, lease, or credit application process, it is important to be prepared for your appointment with your leasing agent. At Pfaff Leasing, we make it very easy for our customers to get behind the wheel of the vehicles they want. With leasing locations in Calgary, Vancouver, and Toronto, our customers have plenty of options when it comes to finding the right vehicle to lease. In this article by Pfaff Leasing, we share some information about a few things that you should bring to your lease appointment so that you are prepared. 

Click here to browse through our selection of vehicles to lease at Pfaff Leasing. 

Know your credit score 

Your personal credit score is one of the main factors lenders consider when you apply for a loan or a lease. Your lender will most likely obtain your credit report early on in the application process. Knowing your credit score yourself before you go in will help the process move faster, and will give you a good idea ahead of time as to what sort of loan you’ll be eligible for and what rates you’ll be looking at.

Bring your financial documents 

Your pay stub and possibly other documents will prove your income to your lender, which is another main factor in gaining eligibility for a car loan or lease. The lender needs to see if you’ll be able to repay your lease or make your loan payments every month.

Bring a downpayment 

To get the best interest rate on your loan, it is recommended to make a down payment on the vehicle. The larger the down payment, the less you’ll owe and the less your monthly payments will be. Ideally, aim to put down at least 20% of the car’s total purchase price to get the best rates.

Physical items 

Along with the things mentioned above, there are also a few other physical items that you should have with you. These items include:

  • A void cheque
  • A current pay-stub
  • Valid government-issued license

If you would like to know more about what you should bring to your lease appointment, then we encourage you to get in touch with a Pfaff Leasing representative today.

Click here to find our contact information or speak with a representative.