Can I Lease a Car With Bad Credit?

Bad Credit

Are you wondering if you can lease a car with bad credit? Is it easier to lease a car with bad credit than to finance? Read on to learn everything you need to know to lease a new car with bad credit in greater Stratford. Then, fill out a pre-approval and explore the lease offers at Hillside Chevrolet Buick GMC in Charlottetown!

Can You Lease a Car with Bad Credit?

If you’re a Cornwall driver wondering, “Can I lease a car with bad credit?”, the answer is, “yes.” In fact, it is easier to lease a car with bad credit than it is to finance one. To top things off, when you lease a new car with bad credit, you make lower monthly payments, don’t have to put as much money down, and pay less sales tax. Still, good credit will only sweeten the deal, but Hillside Chevrolet Buick GMC can work with you regardless!

Negotiating for the Best Terms With Bad Credit

You know you can lease a car with bad credit and that it is easier to lease a car with bad credit than it is to obtain financing. Now, let’s take a look at how you can obtain the best terms when you lease a new car with bad credit. Here are some tips to keep in mind:

  • Make a larger down payment than requested to lower interest and reduce the size of monthly payments.
  • Take a few months to pay off smaller debts to get your score in the best shape possible before leasing.
  • If your credit is blemished because of an issue that doesn’t necessarily reflect your financial behaviour, bring us pay stubs and proof of your good financial habits. For instance, if you reliably pay your bills, but took out a large business loan for a business that failed, and you can prove your financial reliability by pointing to a financial history outside of that one time mistake, come prepared to paint a picture of your reliability. You may be able to negotiate for better terms!

Lease a New Car With Bad Credit Near PEI

Now that you know that you can lease a car with bad credit and that it is easier to lease a car with bad credit than it is to finance, give Hillside Chevrolet Buick GMC a call to take the next step in Charlottetown. Our phone number is 833-914-1419. Our experts can look closely at your financial history, help you find a model that you love and is perfect for your budget, and custom tailor a strategy to set you up for success as you make your payments. In the meantime, take a moment to explore our other car buying tips for other helpful reads, and more!


More from Hillside Chevrolet Buick GMC

  • 2024 Chevrolet Silverado 1500 Trim Levels

      The newest model year of Chevrolet’s workhorse is here, and with nine trims to choose from, you may be feeling a bit spoiled for choice—but there’s more! Not only are there nine Chevy Silverado 1500 trim levels to select from in 2024, but there are several transmission options, two drivetrains, four different engines, and…

  • 2024 Chevrolet Blazer EV Overview

      The 2024 Chevrolet Blazer EV is changing how we look at electric SUVs. Combining eco-consciousness and a sleek design, this model embodies Chevrolet’s commitment to sustainable, high-performance driving. With an emphasis on affordability and reliability, the Chevy Blazer EV stands out as an excellent option, particularly for those purchasing their first electric vehicle. In…

  • 2024 GMC Sierra 1500 Towing Capacity

    When looking for a pickup truck that can handle demanding tasks around Stratford, look no further than the 2024 GMC Sierra 1500. A light-duty workhorse, this model provides substantial towing capacity, handling everything from transporting supplies for DIY projects to bringing tools to busy Cornwall job sites. So, how much can the GMC Sierra tow?…

Visit Our Cadillac Site Cadillac Logo
Hillside Chevrolet Buick GMC 46.254718, -63.120922.