Can You Lease a Car with Bad Credit?

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One of the most common leasing questions Oceanside drivers have is “can you lease a car with bad credit?” You can lease a new car with bad credit and the knowledgeable finance center at Quality Chevrolet is ready to tell you all the information you need. Since credit checks are required for car leases, a good credit score will help get the best lease deal. Depending on where you are planning to lease a car from, the rates will also differ. Find out if it is easier to lease a car with bad credit and how to navigate leasing a car with bad credit from Quality Chevrolet.

Is It Easier to Lease a Car with Bad Credit?

In general, leasing a car with good credit is easier due to the credit check. A good credit score leads to lower monthly lease payments and a lower security deposit. On the other hand, if you lease a new car with bad credit, you will get higher monthly payments and deposits. The silver lining is that even if you have bad credit, you will still end up paying less than taking out a loan to buy your next car. 

So compared to all of the available options, it may be easier to lease a car with bad credit in some situations. On the bright side, though, Poway drivers with bad credits can still take advantage of the low monthly payments and potentially improve their credit score if they manage to make their payments on time. 

How to Navigate Leasing a New Car with Bad Credit?

Do you have bad credit? Quality Chevrolet can let you in some tips on how to get the best lease deal for your next car. Many Carlsbad drivers have taken our advice and found a great lease deal at Quality Chevrolet. Check out the tips below: 

  • First things first: before you apply for a lease, you should check your credit score, so you will know your credit history and financial situation.
  • Determine your budget and choose a car that is within your budget.
  • If you have spare money, you can make a larger down payment. Prepaying at the beginning of your lease might help with better lease terms.
  • When you are going into your Carlsbad dealership, be sure to take several months of pay stubs as proof of income and as proof that you can afford the lease you want. 

Can You Lease a Car With Bad Credit at Quality Chevrolet?

Lease a new car with bad credit at Quality Chevrolet today! Our financing team is here to help you find out the different leasing options for your credit score. Feel free to contact us for more information and if you want to finance instead of leasing your next car, apply for financing online at Quality Chevrolet or stop by our Escondido location.

 

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