Securing a low interest rate can help you to save thousands of dollars on a lease. Although you do have the ability to shop different banks for the best interest rate, your credit history will ultimately determine which interest rate you are eligible for.
The higher your credit score, the lower your interest rates (money factor) will be.
A lot of the 'amazing' deals that are advertised for 'nothing down' and 'no interest' are for people whose credit score is 700+. However, most people do not have perfect credit, which means that the interest rate will be an issue of concern. If your credit is not great, you should consider credit improvement before trying to secure an attractive interest rate.
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