BMW M3 Lease Transfer - Specific Questions On Getting Approved

[Bbqchipsfan]

@Chris0622

• Do I have a good chance at getting approved? → Would just do you + your dad on the paperwork; his income and credit score should be sufficient to get you over the hump. Don’t need to pull in the mom if not necessary.
• Does it matter who’s name is put down first on the application? Would this make them the primary or something? If so, should I make my dad the primary even though I will be paying for the car from my bank? → See above.
• Aside from a hard inquiry, will this hurt my dad’s credit score assuming I do not miss any payments? Since he will be the cosigner. → His credit score will temporarily dip when they pull his report but assuming you pay all of your payments on time, it will help his (and your) credit in the long run.
• What credit bureau does BMW financial look at the most? Or do they look at FICO 8 score the most? → I am not sure on this one, I think it varies dealer to dealer, but someone keep me honest.

Answers above. +1 on the previous comment - unsure if this car is necessary at your age/income, but I am no financial advisor.