Can I Lease A Car With Bad Credit?
Honda Leasing Made Easy
Whether you’re financing or leasing a vehicle, one of the biggest challenges you’ll face is having less-than-perfect credit. At South Motors Honda, though, having bad credit won’t put the brakes on your plans of driving away with a new Honda.
At South Motors Honda, we work hard on accommodating everyone, despite your current financial situation. We offer a wide range of Honda lease offers and specials that best fit your needs. Visit us at South Motors Honda, we’ll sit down with you to talk about your Honda lease options.
Your Credit Score and Car Lease
Similar to auto loans, car leases are also subject to credit approval. When you apply for a Honda financial services, the dealership or leasing company will take your credit scores and other factors into account. The credit score requirement usually varies from dealership to dealership.
At most car dealerships, the minimum credit score you can have to get a lease is 620. Even though many dealerships require a credit score of 700, it’s not impossible to get a leasing offer with a lower score.
Your credit score dictates how favorable of a leasing offer you will get. A higher credit score will help you get favorable Honda lease terms while a bad credit makes it less likely for you to receive a good lease offer, or an offer at all (at your typical dealership).
However, remember that your credit score isn’t the only factor that dealerships will evaluate with your lease application. They will also consider your current income, financing history, employment history, etc.
Why Get a Honda Lease?
Leasing is not an option for everyone but it can be very flexible for the right person. There are many benefits to getting a Honda lease over financing.
When you choose South Motors Honda, you’ll have access to a wide range of leasing offers through our dealerships and lending partners. Unlike traditional car loans, you’ll pay lower monthly payments when you get a Honda lease. Leasing is also the best option if you wish to drive the latest Honda models with the most advanced infotainment and safety features.
A Honda lease also lets you drive a new car every few years and you may be entitled to tax benefits if you use your car for business. Also, you don’t have to worry about repairs and maintenance because you receive a full Honda warranty during the leasing period.
Get Your New Honda With the Best Lease Specials
At South Motors Honda, we understand that getting a lease on bad credit can be a challenge. Lucky for you, our team of Honda finance experts is trained to accommodate your Honda lease needs regardless of your financial situation. Check out our Honda lease specials for lower monthly payments, little to no amount at lease signing, and more.
When you are ready to check out the best Honda inventory in Miami, FL, come visit us at South Motors Honda. We’re a family-run dealership and we pride ourselves on exceptional customer service. Work with our financial experts to decide which leasing options are right for you.