2007-09-02 15:33:24 · 5 answers · asked by roger 1 in Cars & Transportation ➔ Buying & Selling
Lease companies all have their own policies for how they deal with people with credit problems.Actually, leasing with bad credit is more difficult than getting a loan with bad credit. because there is more risk to the lease company.
2007-09-02 16:06:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
it all depend how bad is your credit if your credit below 600 you have problem you probably need co signer with good credit who can gurantee that he will responsebile if you dont pay in most cases leasing is easier than financing the vehicle because you term are less you basically paying for half of the vehicle and most of the time leasing program comes with customer incentive so dealer can use that rebate towards down payment thats showing bank that you paying that much down but only thing with leasing is you have to pay inception which is your 1st month,bank fee tax, tags etc.
2007-09-04 07:07:23 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I'm not a finance officer but , normally people with bad credit can get a lease because you just show up with the down payment, and sign your name. If you make your payments on time your credit will improve..
2007-09-02 15:42:22 · answer #3 · answered by Larry S 2 · 0⤊ 0⤋
Most leases are only available to people with excellent credit.
2007-09-02 18:25:53 · answer #4 · answered by mccoyblues 7 · 0⤊ 0⤋
None, you end up paying to much. See if you can find some one to do a take over on their lease with that person as guarantor...
2007-09-06 12:17:47 · answer #5 · answered by Jovesash 4 · 0⤊ 0⤋