Can You Lease a Car with Bad Credit?

If you’re shopping for a new car in the Fort Worth area and have sub-prime credit, then you’re probably asking yourself, “Can I lease a car with bad credit?” Not only is it possible to lease a new car with bad credit, but the finance center can show you some tips on how to get the best rates possible when you lease. Learn how to lease a new car with bad credit so you can confidently get behind the wheel of a new car today.

 

How to Lease a New Car with Bad Credit

Can you lease a car with bad credit? Of course you can! Bad credit leasing is similar to financing a car with bad credit. If you’re shopping around Azle for a new car with bad credit, then just follow these tips and tricks to get the best rates:

  • Budget: When shopping for a new car, shop for a car that’s reasonably within your price range.
  • Credit Score: Check your credit score before you go shopping for a new car. This way, you have a better idea of your financial situation, and you know what you can shop for.
  • Down Payment: Making a larger down payment on a car can be financially beneficial if you have sub-prime credit. Prepaying for the first few months could result in better lease terms.
  • Proof of Income: Try to find several months of pay stubs to bring with you when you go to the dealership. This way, the dealership can confirm that you can actually afford the lease you want.

When you’ve found a lease that works for your current situation, you can use our payment calculator to calculate your monthly payments and know exactly what you’re paying for. If you want to sell your current vehicle before leasing, we’ll buy your vehicle at Shottenkirk Toyota of Weatherford for a cash offer.

 

Leasing with Bad Credit vs. Good Credit

Is it easier to lease a car with bad credit than it is to lease with good credit? Usually, having good credit makes it easier to lease a new car in the Mineral Wells area. When you have good credit, you’ll have a better chance of getting lower monthly payments and a lower security deposit. With bad credit, you’re more likely to have to pay a higher deposit and higher monthly payments. But, you’ll still pay less with leasing than you would with taking out a loan regardless of whether you have good or bad credit.

Fore more car-buying tips like leasing vs. buying, visit Shottenkirk Toyota of Weatherford today.

 

Lease a New Car at Shottenkirk Toyota of Weatherford

Can you lease a car with bad credit? Not only is it possible to lease a new car with bad credit, but you can find a great rate on a lease when you visit Shottenkirk Toyota of Weatherford in Hudson Oaks or online. Contact us to explore your leasing options and find a payment plan that works for your circumstances.

More from Shottenkirk Toyota Weatherford

 

 

Shottenkirk Toyota Weatherford is your go-to destination for exceptional vehicles and automotive services in Fort Worth, TX.

Check out our tips and tricks for financing, service, car buying and more!

May 28, 2024
Back to Parent Page