Can I Lease a Car with Bad Credit?
Wondering if you can lease a new car with bad credit? Weir Canyon Honda is here to help. Since the car lease process requires a credit check, a good credit score can often get you lower monthly payments. That being said, a lease can be a good option for Yorba Linda-area customers with bad credit. Learn more about leasing a car when you have bad credit in this guide from our finance team.
Is It Easier to Lease a Car with Bad Credit Than Good Credit?
As we mentioned above, a new car lease requires a credit check, and it’s usually easier to lease when you have a good credit rating. Your good credit score will often mean lower monthly payments and a lower security deposit. With a bad credit score, you can expect a higher deposit and higher monthly payments. However, by choosing to lease a car, you’ll pay less than if you take out a car loan to buy a car.
Tips for Lower Lease Payments with Bad Credit
Even with bad credit, customers from Tustin and beyond are able to find a great lease deal at Weir Canyon Honda. Here are some tips to help you get the best deal:
- 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 can prepay for the first few months, it could result in better lease terms.
- Bring several months of pay stubs as proof of income. This is the best way to show that you can afford the lease you’re looking for.
Can You Lease a Car With Bad Credit at Weir Canyon Honda?
The finance experts at Weir Canyon Honda can help you to qualify for a lease that is the right fit with your budget. Make sure to check out our current new Honda lease specials. No matter if you wish to lease or buy, we can guide you through the process, explaining everything from how to lease a used car to what is a good interest rate for a car loan. Use our convenient payment calculator to determine what your monthly payments will be, and apply for financing online to get pre-approved form the comfort of your home or office. Stop by our lease and finance center near Anaheim Hills to get started today!
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