> Can I take out a private loan for the money down required at signing a lease for a new car?

Can I take out a private loan for the money down required at signing a lease for a new car?

Posted at: 2015-03-04 
A private loan would not show up on a credit report.

Indications are that you cannot afford a new car, and leases are a much better deal for businesses who write off a monthly cost than for non-business use.

It's your spending, or overspending. It can be done, if someone will lend it to you.

Add: The "private loan" will have no collateral. You do not own a leased car. You get no equity in it. It is like a rental car for a few years, except you need your own insurance.

If you don't have the funds, do not buy. This is a disaster waiting to happen.

No

You can try.