MBFS co-lessee questions

Ask the Hackrs
,
1

Planning to do a 24 month lease through MBFS (for a GLB or GLC). Don’t have a deal in place yet.

My partner will be the primary driver of this car. She does not have sufficient credit history (18 months). Her FICO score is around 700.

My FICO 8 is in the 830 range. I plan to co-sign the lease assuming she won’t be approved on her own.

1- Does my addition as a co-lessee mean we may qualify for Tier 1 “buy rate” MF? (if the dealer does not mark up a potential deal)

2- I qualify for the “conquest” and Fleet incentives. Can we use these incentives even though I’m not the primary applicant?

Thank you.

2

Does she have good income? If she has solid income then shouldn’t be a problem

Incentives and rebates go based on household, not primary

3

Thanks for the reply. She has no debt and good income for our area. She has been at the current job for only 5 months though.

4

In this case the bank will ask for previous employment info including length and salary.

5

Let her apply herself then if there is an issue you can add yourself as a cosigner.