Can I Lease a Car with Bad Credit?

man holds car door handle

Wondering if you can lease a new car with bad credit? You can! At Bob Ross Buick GMC, we’re here to help. Car leases do require a credit check, so if you’re looking to get the best lease deal possible, an excellent credit score will help but this doesn’t mean you won’t be approved for a deal with a bad credit score. Leasing might be your best option as usually leases offer lower monthly payments than financing even with a bad credit score. Drivers from Kettering and beyond can find out about leasing with bad credit today with the finance team at Bob Ross Buick GMC.

Is It Easier to Lease a Car with Bad Credit Than Good Credit?

While it’s easier to get a new car lease at a good price with a good credit score, it isn’t impossible to get one with a bad credit score though it may require a higher deposit and higher monthly payments. Either way, you’d still be paying less than if you took out a loan to buy the vehicle.

Tips for Lower Lease Payments with Bad Credit

Even if you have bad credit, customers from Springboro and beyond are able to find a great lease deal at Bob Ross Buick GMC. Explore these tips to get the best price:

  • Find a car within your budget to lease. Contact us to find out just how much you’ll have to pay on a monthly basis.
  • Check your credit score before you apply for a lease. That way you can have a better idea of your overall financial situation.
  • Make a larger down payment. If you prepay for the first few months, that might allow for better lease terms.
  • Bring several months of pay stubs as proof of income. That way we know you can afford the lease you’re looking for.

man walking to buick enclave

Can You Lease a Car With Bad Credit at Bob Ross Buick GMC?

With the financing experts at Bob Ross Buick GMC, you can better qualify for a lease that works best for you and your budget. Even if you decide to finance the vehicle instead of leasing, we can help you avoid high interest rates on your auto loan. Learn more about loan terms and conditions with us at Bob Ross Buick GMC today then apply for financing online and get ready to drive off in a new vehicle that’s right for you. Contact us today with any questions.