Can I Lease a Car with Bad Credit?

If you’re wondering whether or not you can lease a car with bad credit, you’ll be happy to know that the answer is a resounding yes. That said, if Clarkston drivers plan to lease a new car with bad credit, they will be subjected to a credit check, which will affect their rates. Read on to learn about what you can do to lower your rates and whether or not it is easier to lease a car with bad credit than it is to finance one. While you’re here, be sure to fill out a pre-approval and explore our lease specials.

Is It Easier to Lease a Car with Bad Chevrolet Offers and Incentives Credit Than to Finance?

Waterford drives wondering, “can I lease a car with bad credit?”, will have an easier time finding a lease for a new car with bad credit than they will trying to finance. That’s because it’s less risky for a dealership to offer a temporary lease then it is to offer a long-term loan. That said, bad credit will mean higher monthly payments for your lease, and you’ll likely be expected to make a larger down payment. Even still, in the majority of cases, this will be more cost-effective for Grand Blanc drivers with tarnished credit than a car loan with high interest rates.

Tips for Lower Lease Payments with Bad Credit

When Lake Orion drivers choose to lease a new car with bad credit, there are few proactive measures they can take to help lower their monthly payments.

• Check your credit score before you apply for a lease, so you know what you’re working with.
• If your score is subprime, make a larger down payment. This is good leverage for negotiating a lower monthly.
• If you have bad credit, but you’re financially stable, bring proof (pay stubs and bank statements). This will help to reassure the dealership that you’re in a position to consistently make your payments.

Can I Lease a Car With Bad Credit at Bowman Chevrolet?

So, can you lease a car with bad credit? Is it easier for Highland drivers to lease a car with bad credit than to take out a car loan? It is when you shop with Bowman Chevrolet. Our financiers will look at your financial background, look at all the rebates and incentives available to you, and help you find a model that works for your monthly budget while covering all of your needs. To get the process started, call (248) 625-5071. If you have further questions, be sure to consult our car buying tips for more fun tips on whether to buy or lease and how much down payment you’ll need for a bad credit car loan.