Can you lease a car with a 500 credit score?
Can you lease a car with a 500 credit score? Can I lease a car with a 500 credit score? It will be difficult to lease a new car with a credit score in the 500 range. If you put down a significant down payment or find a co-signer for your lease, you'll have a better chance of getting approved.
What is a good down payment on a 30k car?
A down payment between 10 to 20 percent of the vehicle price is the general recommendation. But if you can afford a larger down payment, you can save even more money on interest payments over the life of the loan.
Can I get a car with a 517 credit score?
Buying a car with bad credit — a credit score between 300 and 579 — is possible, but it may be more challenging and expensive. However, the cost of your loan may be far lower with a bank, credit union or online lender than with a dealership.