Can I Lease a Car with Bad Credit?

Hands Doing Calculations with Calculator
 

A question our finance center at Bonham Chrysler Dodge Jeep Ram often gets is, “Can I lease a car with bad credit?” The great news for Bonham drivers is that you can certainly lease a new car with bad credit. Is it easier to lease a car with bad credit? Yes – it is typically easier to lease a new car with bad credit than to buy a new car. While leasing is a great option for customers with bad credit, there is still a credit check requirement. Regardless, drivers with bad credit from McKinney to Sherman can lease cars with ease from Bonham Chrysler Dodge Jeep Ram. Read on to learn more from our skilled finance team for those who are wondering, “Can you lease a car with bad credit?”

Is It Easier to Lease a Car With Bad Credit?

Can you lease a car with bad credit? Is it easier to lease a car with bad credit? Whether you’re leasing or buying, it is always easier to obtain a new vehicle with a good credit score. However, if you don’t have great credit, there are still options. For leasing, good credit means lower monthly payments and a smaller security deposit. Bad credit leads to the opposite: larger down payment and higher monthly payments. However, keep in mind that for Denison drivers with bad credit, leasing still costs less than buying in most cases, so it is a great option to explore.

Tips for Lower Lease Payments with Bad Credit

Even with bad credit, you can enjoy vehicle specials at Bonham Chrysler Dodge Jeep Ram. Customers from Sherman to Denison have found that the below tips improved their chances of saving money when leasing:

  • Find a car within your budget to lease. Contact us to find out exactly how low your monthly payments could be.
  • Check your credit score before you start the process of applying for a lease with our finance center. Once you know your credit score, you will have a better idea of your overall financial situation.
  • Make a larger down payment. If you prepay for the first couple months of your new vehicle lease, that can allow for better lease terms overall.
  • Bring several months of pay stubs as a way to prove your income. When you provide this, the experts at Bonham Chrysler Dodge Jeep Ram can better advise on what lease deal you qualify for based on your financial situation.

Lease a Car with Bonham Chrysler Dodge Jeep Ram!

Our Bonham finance experts are ready to help you drive off the Bonham Chrysler Dodge Jeep Ram lot in a reliable new vehicle. For more detailed information on vehicle financing, or if you’re curious about how to trade in your car, call us at 903-486-6727 to speak with one of our skilled staff members!

More from Bonham Chrysler Dodge Jeep Ram

  • How Much Can a 2021 RAM 2500 Tow?

      The 2021 RAM 2500 is a heavy-duty truck with serious capabilities, so just how much can a RAM 2500 tow? The 2021 RAM 2500 towing capacity reaches up to 19,680 pounds when properly equipped. So, just what can a RAM 2500 tow? That’s up to you! Whether you take your truck to the worksite…

  • How Much Can a 2021 RAM 1500 Tow?

      The RAM 1500 has been trusted by many hard workers around Bonham for a long time. It’s a dependable truck that also provides incredible technology to keep you comfortable and connected in between job sites. Now, the new RAM 1500 is taking everything you’ve loved about the previous models and taking it to new…

  • How Much Can a 2021 Dodge Durango Tow?

      The Dodge Durango towing power is sure to impress McKinney who are looking for an SUV that can handle boats, RVs, trailers, and more. When properly equipped, the 2021 Dodge Durango towing capacity can reach up to 8,700 pounds. Take a closer look at the Durango towing power and features like the Dodge Durango…

Search
Contact Us
Garage

Garage

Your garage is empty.
Save some vehicles to get started!
Bonham Chrysler Dodge Jeep Ram 33.599914, -96.176751.