FAQ’s
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Is the pricing I see, the pricing I will sign for?
All of the pricing advertised on our site, social media accounts or on any advertisement is accurate and only asks for your 1st month’s payment upfront as well as proof of any included rebates or incentives. In addition, Value Auto Lease NYC does have a $299 processing fee applied to all approved deals, due at the time of delivery.
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What area does V.A.L. NYC service?
Value Auto Lease NYC services New Jersey, New York City, some areas of upstate New York, Connecticut & Pennsylvania.
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Is delivery service provided or do I need to pick up?
All vehicles purchased with Value Auto Lease NYC are delivered to your home or place of business; in some cases, a dealer partner will not allow for delivery but that will be stated up front.
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What Is The Difference Between A Down Payment And Amount Due At Signing?
Amount due at signing or “drive off” costs include all charges that require up-front payment in cash, such as taxes, official fees, deposits, and first month’s payment. The down payment amount is the only part that reduces capitalized cost (amount financed), which can decrease the monthly payment amount.
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What Is The Minimum Credit Score Needed To Lease A Car?
It varies depending on the bank, as they each underwrite differently. There are other factors involved in leasing a car besides credit score, such as credit history and debt-to-income ratio, that could impact the overall approval process. Value Auto Lease NYC works with a wide variety of banks to help increase your chances of being approved!
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Can I Use My Current Car To Trade In On A New Lease?
It depends. If your current car is paid off, you can certainly use it as a trade-in. Just be sure you know it’s fair trade-in value and that the dealer gives you full credit when your lease payments are calculated. If you still owe money on your car, you will want to get the “payoff” information from your finance company and compare that amount to the trade-in value of the car. If the trade-in value is higher, you have “trade equity.”