Can I Lease a Car with Bad Credit?

If you live in Asheville and you want to lease a new car despite your bad credit, you’ve come to the right place. Hyundai of Asheville is here to help you find the car you want at a price and interest rate you can afford. While car leases do require a credit check, we’ll help you get the best deal possible, you may even be able to improve your credit too! Read our guide to learn more about how to lease a new car with bad credit. We’ve collected all the information you need below, but if you have specific questions feel free to contact us!

Is It Easier to Lease a Car with Bad Credit Than Good Credit?

When you lease a new car you’ll be required to go through a credit check. Your credit check shows your financial history and whether or not you’ve consistently paid your bills on time. Because of this, it’s usually easier for Black Mountain residents to lease a car if they have good credit. If you have bad credit you may have to pay a higher deposit and monthly payment, however, this will still be significantly less than if you take out a loan to buy a car.

Tips for Lower Lease Payments with Bad Credit

Don’t despair if you have bad credit and want to lease a new car, customers from Hendersonville and beyond are able to find a great lease deal at Hyundai of Asheville! We’ve created this list of tips for you to follow to make your chances of leasing a car more successful.

  • Find a car within your budget to lease. Contact us to find out just how much you’ll have to pay on a monthly basis.
  • Check your credit score before you apply for a lease so you have a better idea of your overall financial situation.
  • Make a larger down payment. If you prepay for the first few months, that might allow for better lease terms.
  • Bring several months of pay stubs as proof of income. That way we know you can afford the lease you’re looking for.

Can You Lease a Car With Bad Credit at Hyundai of Asheville?

If you’re unsure if you can lease a new car with bad credit or you’re unfamiliar with the leasing process, we have financial experts on staff who can help you qualify for a lease that works with your budget. In addition, if you decide that financing is a better option than leasing, we’ll help you avoid high interest rates on your auto loan. Learn how much down payment you need to put down for a car when you have bad credit. For more information on loan terms and conditions, call us at (828) 298-4911 or apply for financing online! You can also stop by our lease and finance center near Weaverville to learn about your financing options and if you can transfer your Hyundai warranty or how you can negotiate a lease buyout.

Hyundai of Asheville 35.5874128, -82.5047619.