I played the lotto the last week and lost every time. I just want someone to tell me I’m gonna win!
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You got this, bro
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There’s a guy who knows his cars and his numbers!!!
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Why not buy it (with a loan from a credit union)?
Why are you posting other people’s credit? What about yours?
You can’t win if you don’t play lol!
Just keep applying. Eventually they’ll have to approve you.
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You can only drive one car at a time. Generally when a bank doesn’t want to lend you money or lease you a car they are using good judgement. Take it as a sign to enjoy the cars you have and when you off load them get your Tesla. If you need a co-signer and you have already established a credit history that is not a good sign.
How is Tesla financials compared to Us bank lease approvals.
You’ll never know until you apply.
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If you were denied by us bank, chances are you will be denied by tesla financial or orther banks. Get rid of your other ride and wait a couple of months then apply. If this is the first time you are denied, take a hard look at your credit report and finances. This is probably a wake up call. One pattern I see that banks look at is long history of payment and monthly obligation. If someone is leasing a toyota for $200/mo and suddenly wants to lease a $3k a month lambo, chances of denial is high specially if they see that the monthly car payment is higher tnan the trailer park monthly mortgage on the credit report.
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Lol. If all else fail, try the russian mafia. I heard you can pay with body parts if you cant come up with the monthly. Who needs 10 fingers amyway.
First why do you assume he lives in a Trailer park?
Second - credit departments can make mistakes and/or have policies that may not make sense. For example, Verizon Wireless did not approve me for a cell phone plan but two weeks later Toyota FS approved me for a lease. And it was impossible to get a reason for denial from vzw…
Third - we don’t know anything about this person - he could be a trust fund heir/independent artist on commision etc etc
OP - If you have 25k down and good credit, try to buy the car using a credit union loan.
Our own PrettyBoyAJ was declined for a BMW lease and yet was approved for a BMW loan …
This whole thread is speculation by everyone…OP + all the posters. Here’s what is known:
- OP has burned 2 credit apps with US Bank. Both declined. Nobody, including OP, knows why
- OP only wants the car for 18 months, or the remaining term of the lease
OP is looking for a magic bullet to get the car, and one doesn’t exist.
OP’s choices are:
- Figure out why US Bank declined him, and fix the problem
- Attempt to purchase the car through a bank/credit union, using the 25k as down payment to sweeten his chances at approval.
If OP really wants the car, his only option at this point in time (with no guarantee here either) is #2, and he’ll have to compromise with the fact he only wanted it for the remaining 18 months of the lease.
There really isn’t much else I see here that is relevant.
I don’t think he meant the OP…he was generalizing with a fictitious scenario.
I didnt say he lives in a trailer park. Its an example to show what i meant. He definitely is not driving a corolla based on this post.
I have a primary and co-signer with 770 & 800 scores, WIth 0 house debt 0 auto loans. one makes triple the others. spot less people, mom and biz partner. Both well within debt to income ratio 35%
But yes I know why I Got denied.
$1168 Esalade, $902 M3, $587 Lexus, $487 BMW on me
and my co signer had M3 & Lexus that he co-sign for me
was never going to get approved with the above auto loans
OP post next year
“$1168 Esalade, $902 M3, $587 Lexus, $1410 Tesla, $487 BMW on me and my co signer. Why won’t porsche approve me??!! I even ran out of co signers now!!”
i will never buy a car ever in my life again. lesson learned