What Happens When You Go To Lease A Car With Bad Credit

If it was difficult for you to get a car with your bad credit, it may be hard for you to lease a car too. Although leasing a car is cheaper than buying, companies may still make it hard to lease if you have less than perfect credit.

Your credit score will determine the lease that you get. Here are things that will likely happen. First, you will be required to make a larger down payment than what you see in the car ads. If you don’t have to put down a larger down payment, you’ll have to put down a larger security deposit.

You may be required to pay a higher interest rate as well.

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