CAN YOU LEASE A CAR WITH BAD CREDIT?
If you're curious if you can lease a used Chevy car with bad credit, or a used GMC, Gwatney Chevrolet Company is here to help. Yes, you can lease a car with bad credit, but you'll likely have to pay a higher interest rate. Car leases require a credit check, and those with good credit will receive the best loan terms. Still, leasing can also be a valid option for Cabot drivers with bad credit because leases typically offer lower monthly payments than when you finance it for complete ownership. Learn more about how to lease a car with bad credit from the finance department at Gwatney Chevrolet Company.
Is it Easier To Lease a Car with Bad Credit?
Are you still wondering, "Can I lease a car with bad credit? or "Is it easier to lease a car with bad credit?" It's usually easier to lease a car with bad credit than buy one. Those with good credit will qualify for lower monthly payments and a lower deposit than those with poor credit. Still, it will be cheaper than taking out a car loan to buy a car.
How to get The Best Price with Bad Credit
Even if you do have bad credit, you can still lease a car in Sherwood and beyond. These are some tips to help you get the best price:
- Review your credit score before taking out a lease. That way, you'll have a better idea of your overall financial situation and maybe even be able to clear up some of the credit issues.
- Find a vehicle that's within your budget. Contact us at Gwatney Chevrolet Company to find out just how much you'll have to pay per month on a lease.
- Make a larger down payment. If you put more money down, it will keep your monthly payments lower.
- Bring several months of pay stubs as proof of income. That way, our finance team will know you can afford a lease.
Lease a New Car With Bad Credit at Gwatney Chevrolet Company Today
Our friendly finance specialists can help you qualify for a lease that is within your budget. And if you decide that financing is a better choice than leasing, they will do their best to make it happen. Contact us at Gwatney Chevrolet Company or apply for financing online! You can also drop by our finance center near Little Rock to talk about taking home a used Toyota or Ford. Reach out to us today!