Can You Lease a Car with Bad Credit?

Signing financing paperwork
A question our finance center often gets is, “Can I lease a car with bad credit?” You can definitely lease a car with bad credit. In fact, it’s usually easier to lease a car with bad credit than it is to buy a car with bad credit. With that said, even though leasing is a great option for customers with bad credit, there still is a credit check. But all hope is not lost! Drivers from Chicago and Naperville should read below, the Valley Honda experts have written some important information for those wondering if you can you lease a car with bad credit!


Is It Easier to Lease a Car With Bad Credit?

Leasing or buying, it’s always easier to obtain a new ride with good credit. For leasing, good credit results in lower monthly payments and a lower security deposit. Bad credit, on the other hand, means the opposite: higher deposit, higher monthly payments. At the end of the day, leasing with bad credit still costs less than buying with bad credit.


Tips for Lower Lease Payments with Bad Credit

That great lease deal, even with bad credit, isn’t quite out of your grasp. For drivers from the Oswego area, the below tips should help you improve your chances of saving money when leasing:

  • 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. That way you can 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.
Reviewing financing paperwork

Can You Lease a Car With Bad Credit? Inquire at Valley Honda!

Our Aurora finance experts are ready to help you drive off the Valley Honda lot in a new Honda Accord or Honda Pilot. If you decide buying might be worthwhile, feel free to apply for financing with us before stopping by. You can also learn more about trading in a financed vehiclewhat to do after buying a used car, how to get used car in-house financing, how to improve your credit scoreor what’s good mileage for a used car. For more information on loan terms and conditions or even what to look for when buying a used car, call us at (630) 326-4645!


More From Valley Honda

  • 5 New Features in the Redesigned 2026 Honda Passport

    Shop 2026 Honda Passport for Sale Dive into your next off-road adventure with the updated features of the new Honda Passport. Hitting the road with a new style and impressive interior, technology, and off-road-based features, the 2026 Passport delivers a reinvented driving experience. Discover 5 of the newest Passport redesigns with our Honda dealership in…

  • What Are My Lease End Options?

    Explore New Honda Cars for Lease Is your current lease nearing its end? Whether you’re weighing out your upcoming options or planning for your next lease, our expert Honda dealership near Naperville, IL, is here to help. Learn about your Honda lease end options and find the right choice for you. Discover Your Honda Lease…

  • 5 Reasons To Lease Your Next Honda

    Contact Our Honda Finance Center Today It’s time to meet your next Honda! You’ve done the research, you’ve picked out your new Honda, and now it’s time to decide whether to buy or lease your new vehicle. Leasing provides flexible options for customers as they navigate the purchasing process. Our Valley Honda Finance Center is…

Menu

Get Directions

4173 Ogden Avenue, Aurora, IL, 60504
Valley Honda 41.7503286, -88.2129555.