I’m a 21 year old undergraduate (Senior) with about 10k in loans. I’ve never had a credit card, so I assume I don’t really have a credit score. Currently I have an income of $2000/mo – with 10k in the bank.
I was hoping in getting a 12 month lease with Dodge @ $329/mo for 12 months at 15k miles. I’d like to get a new vehicle purely for the joy of using a new car. I have a used vehicle but its breaking down frequently, and at 200k miles don’t think it will last much longer. I’d love to get this lease – having it boost my credit would also be amazing.
I plan on moving to NY after graduation – so a 12 month lease would provide the perfect time frame. Now would it be prudent for me to take on this lease? I don’t really have any use for my income – expenses sit at about $400/mo.