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 does leasing a car work if you have bad credit?
Is there any way to make leasing a car work when you have bad credit? I want to lease a car but my credit is really bad right now.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s more difficult to lease a car with bad credit, but try not to worry! It’s definitely doable. Here are some tips for leasing a car with bad credit:
- Keep your car hopes low. You probably won’t get your dream car with bad credit. Try to keep realistic expectations and remember that cars are meant for transportation.
- Get a cosigner. Findingsomeone to cosignyour contract can significantly improve your chances of leasing a car.
- Pick the right car and time. Since dealerships show new cars every year, they’re often eager to get rid of old models. Picking an older car towards the end of the year can raise your chances of getting a lease.
- Collect information to verify your ability to pay. You’ll have a much higher chance of leasing a car if you can verify a steady income. If you can’t, providing consistent payment histories for other leases or debts can still help you seem lower risk.
- Make a large down payment. While people with good credit can usually get away with a minimal down payment, those with bad credit should be prepared to pay upfront.
Remember, you’ll also need an insurance policy for your new car. To make sure you get the coverage you need at an affordable rate, try
Jerry
.A licensed broker, the Jerry app can help you find and compare quotes from over 50 top providers for free. Users save an average of nearly $900 a year on car insurance with Jerry—and it only takes a minute to sign up!
MORE: What is APR and how is it calculated?
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
.webp&w=384&q=75)
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
