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Does A Auto Lease

Discussion in 'Credit Talk' started by Plysaker, Mar 19, 2004.

  1. Mar 19, 2004 #1
    Plysaker

    Plysaker Well-Known Member

    REPORT? One lot, says that it does, another says that it does not. Input, please?

    thanks.
     
  3. Mar 19, 2004 #2
    dalaggie

    dalaggie Well-Known Member

    Mine with Ford Motor Company reported. It doesn't show as a lease though, just that I have financing with them.
     
  4. Mar 19, 2004 #3
    chipper

    chipper Well-Known Member

    A lease is reported, but will show on a personal credit report as an item, appearing as a purchase or a line of credit.

    However, when an automobile dealer pulls an auto FICO, it shows as a lease.
     
  5. Mar 19, 2004 #4
    Plysaker

    Plysaker Well-Known Member

    so, its a fairly good thing to do, speakin in a positive trade line sense? I cant swing the car that I want, in a purchase scenario. "D" Tier. The Lease, though, EXPENSIVE, at the end of it all, seems as though it isnt a bad deal, today. Damn peice o ford, not worth ANYTHING, after 3 years. I lease a VW, and do good, VW credit, will play ball, come time to buy

    thoughts on vw credit anyone?

    what is the REAL tax break, on claiming a vehicle for biz?
     

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