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A cosigner usually makes it easier for the borrower to get approved for a loan. A cosigner is someone who has agreed to take on legal responsibility for another person's debt or legal contract, such as a lease.No. People lease cars without cosigners all the time. However, it does depends on credit. As when you add a cosigner, it's always a good idea to understand your full range of options. You can also have a co-signer with Prime or Super Prime credit. Cosigners are additional loan signers that are appointed financial responsibility alongside the "main" borrower. Cosigner Release: Review your lease and see if there's a co-signer release clause. With a loan, you're also paying off the entire purchase price of the vehicle. For many drivers, the end of an auto lease can mean saying goodbye to a car you love and signing a new lease agreement.
