Can I Lease a Car with Bad Credit?
Unsure if you can lease a new car with bad credit? Mazda of Escondido can help. In order to get the best lease deal possible, having good credit does help. Car leases do require a credit check, but this doesn’t mean that you can’t get a lease if you have bad credit. Because leases often allow you to get lower monthly payments, leasing can actually be a great option for those working on their credit score. Learn more about leasing with bad credit before finding the right new or used lease for your San Marcos drive!
Is Leasing with Easier with Good Credit or Bad Credit?
Since new car leases require you to get a credit check, it is easier to lease when you have a good credit score. Leasing with good credit can mean lower monthly payments as well as lower security deposits. When you have bad credit, you may have to pay a higher deposit and higher monthly payments. While this may sound frustrating, leasing is different from financing. Even if you have bad credit, you’ll likely pay less per month for your lease than for a car loan to buy a new car of the same value.
How to Lower Lease Payments with Bad Credit
Believe a Mazda lease is the right option for your Vista drive? Here are ways you can achieve lower monthly payments even if you do have bad credit:
- Find a lease that fits comfortably in your budget. Use our payment calculator to help find out how much you’ll need to pay on a monthly basis.
- Before applying for your lease, be sure to check your credit score. This way, you’ll have a general idea of your finances before you work with our Finance Department.
- If possible, make a larger down payment. This means you’ll be prepaying the first few months of your lease, allowing for lower payments down the line.
- Bring pay stubs to the dealership. When you sign your lease, you’ll need proof of income. This also helps us determine which vehicles you’re able to afford.
Lease a Car with Bad Credit at Mazda of Escondido!
Ready to lease a new Mazda at Mazda of Escondido? Our financing experts can help you find the right vehicle that works for your financial situation, as well as help you avoid high interest rates if you do decide to apply for financing. If you’d like to test out the Mazda lineup, including one of the Mazda3 Hatchback configurations, before you lease, visit our dealership near Carlsbad at your convenience.
Learn More at Mazda of Escondido
An important aspect to families looking for a new SUV is space. The 2019 Mazda CX-5 provides the interior and cargo space dimensions Vista and Carlsbad drivers need on the road. Explore the dimensions and features of the Mazda CX-5 that make every moment behind the wheel more enjoyable at Mazda of Escondido. Learn MoreBrowse CX-5 InventoryContact Us…
There are three 2019 Mazda3 Hatchback configurations available to Escondido drivers: Hatchback, Preferred Package, and Premium Package. Learn more about what each has to offer you and your San Marcos commutes by taking a look at some of the different features of each configuration. This will help you decide which version of the Mazda3 hatchback you…
Cuando se busca un SUV para transportar carga o sus seres queridos, se necesita espacio. El 2019 Mazda CX-5 tiene las dimensiones interiores y espacio de carga necesario para llevar a todo lo que importa para sus viajes desde San Marcos a Vista. Explore las dimensiones y características del Mazda CX-5 que hacen que cada momento…