Can You Lease a Car With Bad Credit?

You want to have a new vehicle in your Whitewater garage, but you think your credit is less than ideal when trying to get a lease. Can you lease a car with bad credit? Do you wonder, “Is it easier to lease a car with bad credit compared to financing an auto loan?” 

Keep reading our guide about how to lease a new car with bad credit in the Orfordville area. You might be surprised by the answer to the question, “Can I lease a car with bad credit?”

Can You Lease a Car with Bad Credit in Orfordville?

Yes, you can. You don’t have to wonder anymore with the answer to, “Can I lease a car with bad credit?” Is it easier to lease a car with bad credit than it is to finance one? Yep, it actually is. Even better is what else you get when you lease a new car with bad credit:

• Make lower monthly payments
• Don’t have to put as much money down
• Pay less sales tax

Good credit makes your lease terms even better, but our finance team at Drive Burtness can work with you regardless of your credit situation. 

Can You Lease a Car with Bad Credit and Still Negotiate the Deal?

You now know you can lease a car with bad credit and that it is easier to lease a car with bad credit than it is to obtain financing. Despite your less-than-ideal situation, you can negotiate the best terms when you lease a new car with bad credit. You still hold some sway over the final decision, and you don’t have to accept the first offer that comes your way. 

Here are some tips to keep in mind: 

• Make a larger down payment than the minimum requested because you’ll get a lower interest rate and reduce the size of your monthly payments. 
• Before you take out a lease for a new car, pay off smaller debts to get your credit score in the best shape possible before leasing. 
• Your past credit history from five to 10 years ago doesn’t have to affect your buying power. Bring us pay stubs and proof of your good financial habits over the past two years, and we’ll see what we can do. For example, if you reliably pay your monthly bills, you might qualify for a lease. Let’s say you took out a large business loan for a venture that failed. If you can prove your financial reliability by pointing to a financial history outside of that one-time mistake, you could get a lease for a new car. However, you must come prepared to paint a picture of your reliability when making regular payments. You may be able to negotiate for better terms when you come armed with this information! 

Lease a New Car With Bad Credit Near Janesville

Now you know for certain you can lease a car with bad credit and that it is easier to lease a car with bad credit than it is to finance. If you’re ready to take the next steps, contact us or call . 

Our finance team will examine your financial history, help you find a model that you love and that is perfect for your budget, and set you up for success with a payment structure that works for you. We’re happy to help in any way we can!