Can You Lease a Car with Bad Credit?

Person reviewing car lease contract

If your credit has taken a hit but you still need a new car in Lakeland, you’re probably asking yourself, “Can I finance a car with no credit?” Financing for a new or used car will be difficult with bad credit. However, leasing is a viable option because the approval process is less strict and the interest rates and monthly payments are typically lower than if you were to buy a car. Make sure to access you finances and bring ample evidence of your ability to pay before stopping into our financing office.


Is it Easier to Lease a Car with Bad Credit?

Now that you know the answer to, “Can I lease a car with bad credit,” here’s the next question: “Is it easier to lease a car with bad credit?” It is! Here’s how it’s easier to lease a car with bad credit:

  • Car leasing can cost less money upfront.
  • Car leasing is often a more flexible option than getting a traditional auto loan.
  • You’ll pay less in sales tax in Valrico.

To make it even easier to lease a new car with bad credit, show how responsible and stable you are by bringing proof of your income like pay stubs, proof of address, and your car insurance card.


How to Improve Your Credit

It’s never too late to give your credit score a boost, and if you lease a new car with bad credit, it will provide you with opportunities to improve your credit score:

  • Make lease payments on time and communicate with your leasing agent if you can’t.
  • Don’t get discouraged. Assess your credit score and discover how it was damaged. Then, make a repayment plan for your debts.
  • If you’ve been rebuilding credit, your credit score might still be low, but your recent prompt lease payment history looks very good on your credit report.
  • If leasing isn’t an option, consider a loan for an affordable used car instead of a new car. Used car loan rates are a few percentage points lower than new cars.

Our finance department offers other tips on how to improve your credit score.

Credit report

Let Stingray Chevrolet Help You Buy Your New Chevy

Now that you’ve answered, “Can I lease a car with bad credit in Brandon,” you can better understand what to expect when you walk into our finance department. Don’t break a sweat over your credit score, because you have plenty of opportunities to improve it.  Once you’ve gotten better credit, learn how to get a cosigner off your contract, and more with our car buying tips and tricks.

More From Stingray Chevrolet

  • 2021 Chevrolet Corvette C8 Specs

    With a 0-60 mph time of 2.9 seconds, the Chevrolet Corvette C8 specs are astonishing. Read on for a breakdown of its long list of elite performance technologies. Then fill out a pre-approval and schedule for a test drive to experience just how uproariously powerful this supercar will be on the streets of Lakeland. Contact…

  • 2021 Chevrolet Silverado 1500 Towing Capacity

      The Chevrolet Silverado 1500 towing capacity maxes out an admirable 13,000 pounds, and its truck bed payload can haul up to 2,280 pounds. With a boxed high-strength steel and hydroformed frame, and a bevy of advanced towing features, the Silverado 1500 paves the way for a new kind of higher-powered light-duty pickup on Lakeland…

  • Explore the 2021 Chevy Equinox Colors

      Lakeland drivers will have 8 exterior colors and 3 Chevy Equinox interior colors to choose from when picking out their next Chevrolet Equinox. Read on to learn about what your options are when it comes to customizing the look and feel of your next Chevy crossover. Then get in touch Stingray Chevrolet in Plant City to…

Saved
Saved Vehicles

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact
Contact Us

(813) 359-5000

Call Now

2002 N. Frontage Rd. • Plant City, FL 33563

Get Directions

Today's Hours:

Sales: Closed

Service: Closed

Parts: Closed

Stingray Chevrolet 28.0399929, -82.1023019.