having to purchase with a high interest rate? I really would prefer to lease, and if I can, where do they do that?
2007-03-19 09:06:32 · 3 answers · asked by ♦♦pixiechix♦♦ 5 in Cars & Transportation ➔ Buying & Selling
Unfortunately, most banks/lease companies require a minimum credit score of 620. Not to mention, you can't have a bankruptsy, foreclosure, repo, or large charge off either. I know this isn't what you probably wanted to hear, but leasing is harder to qualify for than a purchase. Sincerely sorry!
2007-03-19 09:12:48 · answer #1 · answered by Rhettski 4 · 1⤊ 0⤋
There are credit places to help you finance a vehicle if you have bad credit,but look to be paying a lot of interest.Interest is typically about 6-9% average over 4yrs.You,because of bad credit might be paying about 18-24% interest.
2007-03-19 09:18:09 · answer #2 · answered by bucks2743 1 · 0⤊ 0⤋
it's possible to lease with bad credit, it all depends on the bank and the way the deal is structured. there are also one pay leases available for people with bad credit.
2007-03-19 12:07:41 · answer #3 · answered by jay 7 · 0⤊ 0⤋