After taking a look at a new Chevy, you’re probably wondering what you need to sign to drive it off the lot. If you’re hesitating because you have bad credit, don’t! One of the most frequent questions we hear from Depew drivers is this one: Can you lease a car with bad credit? While bad credit can certainly make the process a bit more complicated, we’re happy to report that the answer is yes — you can lease a new car with bad credit! In fact, leasing is a great option for Buffalo car-buyers with less than perfect credit, due to lower monthly payments compared to financing. Below, we’ll outline a few points to make your path to a new car in Cheektowaga as smooth as possible!
Car-buyers ask us this question because they’ve heard it’s easier to get approval for lease than a financing deal. It’s true: lower monthly payments mean that lenders are more willing to offer a deal to buyers with low credit. Remember that you will still need to pass a credit check, and some lenders will be more understanding than others about past financial hardship — so you should definitely apply with multiple lenders! You should also expect higher interest rates than a buyer with good credit. Check out the following tips for leasing a car with bad credit:
Contact our team of financing experts to get started. Our goal is to find a lease deal that fits your budget so you can drive home tp Lancaster in a car you love! If you plan to apply for financing instead, take a look at our tips for getting a bad credit financing deal.
Can you Take Over a Car Lease?
Contact us to learn more about new vehicle specials for Buffalo-area drivers as well as to find out if you can finance a car with no credit. We’re here to answer your car-buying questions and help you learn more about our models with info like the Chevy Traverse reviews!