PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How do I lease a car with bad credit?
I have bad credit, and I can't afford a new car and am thinking about leasing. Is it possible to lease a car with bad credit?
Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Although a low credit score can impact you negatively, it is possible to lease a car with bad credit. Having bad credit can impact your financing options, and it may be more difficult to get approved—but there are things you can do to improve your chances.
You could save money to have a larger down payment at the start of your lease. Doing so shows lenders and dealerships that you’re financially stable. You could also ask a friend or family member who has better credit to see if they’re willing to be a cosigner.
Here are some additional options:
- Lease-swap: You can try and take over someone else’s lease.
- Pick a cheaper, older car to lease: People often want to lease the newest cars, but if you’re willing to get an older car, it might make it easier to finance and you’ll pay less.
- Car sharing: With a car-sharing service, you can borrow a car for a couple of hours and return it, essentially renting a car for a short trip or time.
- Pick a dealership willing to work with bad credit: Some dealerships have finance departments dedicated to working with people with bad credit or other financial problems.
No matter your credit, if you drive a car, you’ll need insurance. To help get the best deal, you should gather quotes and do some comparison shopping.
Jerry
pulls quotes from the top 50 companies in under a minute and delivers the best deals right to your phone for free. Good luck!
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
