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    mattl's Avatar
    mattl Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 2, 2008, 01:52 AM
    Car lease
    Can you lease a car with really bad credit history?
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
     
    #2

    Jun 2, 2008, 04:27 AM
    You might be able to lease a car but you'll have to put a hefty security deposit or downpayment on it.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Jun 2, 2008, 05:03 AM
    Depends on the company, normally NO, but if you can put a large amount down, most likely they may.
    ddollinger's Avatar
    ddollinger Posts: 145, Reputation: 12
    Junior Member
     
    #4

    Jun 3, 2008, 10:11 AM
    If it is really bad NO. If it is iffy some may take a chance with hefty down payment and they will charge a higher interest rate. The only way to find out is call around and ask. Be aware that they will ALL say yes they can over the phone to get you in to look at the cars, but until they run the paperwork on you they probably will not really know.

    If you know your credit score then you may be able to find out right over the phone. Just talk to a saleman and state "I don't want to waste your time or mine. I have a credit score of XXX and want to lease a car, is it doable with my credit score?"

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