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njbrodeur87 07-17-2012 11:02 AM

credit check for recent leased car
I have a question, so i went into ford dealer yesturday and we agreed on a lease agreement we signed all paper work. He informed me that he ill get the car by friday sinc the car i wantd was not there. DOes this mean i was already approved for the lease and have no worrie at this point, since we agreed on the tems signed paper work credit check etc or do they do this after yu leave and waiting for car or something

thanks in advance

imccrea 07-17-2012 01:52 PM

Depends on each dealer. Most dealers will submit the deal and have it approved the day you are at the dealership. Most customers are 'auto approval' meaning the systems approves you.

For those with questionable credit history an analyst will look into it and call the dealership.

If you're worried about it for any reason I'd talk to your finance manager.

misfire 07-17-2012 06:59 PM

if you signed paper work, im guessing you were approved. once you tell them you want a car, the next step is a credit app. once approved, you get the final payment. this is when you would sign papers

njbrodeur87 07-18-2012 08:33 AM

sounds good thanks everyone, should be hearing from the dealer today , he was suppose to go and get my car from a dealer that had my car lose by. Pretty excited

thanks everyone

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