2007-01-21 14:47:38 · 6 answers · asked by aortiz62 1 in Cars & Transportation ➔ Buying & Selling
If you have a blemished credit rating go to this web page http://www.usedcartips.org/CREDI.html and understand how dealers deal with poor credit...
2007-01-21 23:01:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No but it helps get you a lower interest rate.
If your credit is bad you sound like a good candidate for a used car, unless you're using the lease to build credit.
2007-01-21 22:49:55 · answer #2 · answered by Jake 4 · 0⤊ 0⤋
Of course. Leasing and buying are very similar and without good credit you wouldn't be able to lease.
2007-01-21 22:50:38 · answer #3 · answered by oklatom 7 · 0⤊ 0⤋
Your credit score will affect the interest rate the dealership charges you. A lower score will give them more leverage to give you a higher interest rate. I would try to get financing before going into a dealership. That way, you'll at least get a "true" interest rate based on your credit score (dealerships will always try to increase the interest rate in their favor). Good luck shopping...
2007-01-21 23:45:51 · answer #4 · answered by dapwma 2 · 0⤊ 0⤋
generally yes...when I sold cars I never saw anyone with bad credit qualify for a lease...this doesn't mean you absolutely can't.
2007-01-22 03:16:28 · answer #5 · answered by miztiffany 3 · 0⤊ 0⤋
if you want to save a large amount of money. you don"t want to be get a second job , do you.
2007-01-21 22:53:26 · answer #6 · answered by LEXUSRY 5 · 0⤊ 0⤋