A co-signer can help in some situations, especially if your income alone doesn’t quite meet what’s needed for the vehicle you want. Because approvals are based on roughly 20% of net verified income, adding a second income to the application can open up more vehicle options — but it’s genuinely a joint responsibility, not just a formality.
When someone co-signs, they’re agreeing to be equally responsible for the lease — not just vouching for you. If payments are missed, it affects their credit and their obligation just as much as yours, since SAG reports monthly to TransUnion for the account as a whole.
That’s exactly why it’s worth having an honest conversation with a potential co-signer before applying together — both people should go in with clear eyes about what they’re agreeing to.
A co-signer is most useful when your income alone is close but not quite enough for the vehicle you need, or when you’re just getting started and don’t yet have enough income history on your own. It’s not required for most approvals — plenty of SAG customers qualify solo — but it’s a tool worth knowing about.
Our Lawton team works with families across Comanche County, including Elgin, Cache, Fletcher, and Walters, and we’re glad to walk through co-signing with both people in the room so everyone understands the agreement.
Not necessarily — approval is based on your income, down payment, and vehicle choice. A co-signer is one option if your income alone doesn’t quite fit what you need.
Yes. A co-signer shares equal responsibility for the account, including how it’s reported to TransUnion each month.
Ask your account manager about your specific agreement — this varies by situation and is worth discussing directly.
Thinking about applying with a co-signer? Start your online approval application together, or stop by our Lawton location to talk it through.
