Originally Posted by dadealus
Originally Posted by jakc
Do they check that based on how much I report for taxes? I work in the digital advertising industry with pretty long net terms and Q4 profits (biggest quarter) only show up for the following year so my annual salary is usually around half of what it really is.
I'm willing to put down $5-10K, will that be enough? This will be my first car lease and I have never had any financing in the past either.
My FICO last time I checked was around 735 but it's still a pretty short credit history. I have a lot of hard inquiries which dropped it down since I wasn't planning on buying an M3 until summer time when the next gen was suppose to come out but since it's not I thought I'd just settle for the current one.
most places if they want income proof they will want to see a current pay stub or they may take last years W2 since its so close.
if your leasing I would go for the least amount down. In which I just ordered mine and my sign and drive is like 1780$ MSRP was 76k
BMWFS will never approve a sign and drive lease for him