Can I Lease a Car with Bad Credit?

Signing Finance Documents for Car
Life has its ups and downs, and so do our credit scores. What if it’s time to move on to your next car, but your credit score isn’t quite where we want it to be? Can you lease a new car with bad credit? Yes! Our team here at Grappone Honda has helped numerous Concord drivers in all kinds of credit situations to lease their next car.

If you’re asking, “Is it easier to lease a car with bad credit?” or wondering how to get started, we’ve got the answers. Keep reading to learn how to navigate the process and get behind the wheel of your next vehicle—even with less-than-perfect credit.

Car-Buying TipsContact Us

 

How Can I Lease a Car with Bad Credit?

“Can I lease a car with bad credit?” is the wrong question. Drivers are allowed to lease a new car with bad credit every day in the greater Manchester area. The key is knowing how to secure the best possible terms. The lower someone’s credit is, the higher the interest rate often turns out to be on the lease. So, follow the steps below to hopefully lower your monthly payments.

How to Lease a New Car with Bad Credit

  • Pay off some smaller debts before applying for the lease. You may have to postpone your lease a little while to allow yourself time to do this.
  • Pay as large a down payment as you can afford. The higher the down payment is, the lower the monthly payments will be.
  • Gather alternate credit history. We know that the credit histories maintained by the reporting agencies don’t tell the whole story. If you’ve got proof that you stick around and pay your bills, bring it in. We’ll be happy to consider it.

Is It Easier to Lease a Car with Bad Credit?

Maybe you didn’t start out thinking about leasing because you wanted to buy your next car instead. But you’ve looked at your credit score and now you’re wondering if you’d have better chance to lease a car. Is it easier to lease a car with bad credit than it is to finance one? Yes, in most cases, it is. There are other advantages to leasing, such as:

  • Lower monthly payments
  • Lower down payment required
  • Lower sales tax

Let the Finance Department at Grappone Honda of Bow Help

Our finance department would be glad to walk you through your options. So, sit down and talk to us about your situation. And, if you fund this guide to be helpful, check out our posts on whether it’s better to lease or buy and how to get a car loan with bad credit. We’re conveniently located near Tilton. So, drop by or contact us today.

More from Grappone Honda

  • Celebrating 50 Years of Grappone Honda: A Legacy of Excellence and Community

    This year marks a monumental milestone for Grappone Honda—50 years of serving our guests  and community integrity, kindness, and respect. Half a century ago, what began as a small family-owned business has blossomed into a trusted name in the automotive world. As we celebrate this incredible achievement, we want to take a moment to reflect…

  • Hit the Slopes This Winter with Grappone Honda and Pats Peak!

    Get ready to make this winter one to remember! Grappone Honda is thrilled to announce the return of our Pats Peak Season Pass Promotion—a collaboration that’s been a cornerstone of community partnership for over 10 years. When you purchase any new or pre-owned vehicle from Grappone Honda—you’ll receive two (2) Pats Peak season passes* for…

  • Expert Care for Your 2024 Honda Prologue at Grappone Honda

    At Grappone Honda, we understand that your 2024 Honda Prologue is more than just a vehicle—it’s a commitment to a greener future and a smarter way to drive. As you embrace the world of electric vehicles, our dedicated Honda Certified service team is here to ensure your Prologue continues to deliver the exceptional performance and…

Get Directions

519 Route 3A, Bow, NH, 03304
Grappone Honda 43.174826, -71.5285391.