LEASE USED CARS

Regardless of Credit!

Used Car Leasing

October 30, 2018

Used Car Leases

Some folks believe that leasing a car with bad credit is impossible, but this isn't true. It is easier than it used to be for people with less than perfect credit to be approved for lease contracts, and our network of dealers is made up of experienced professionals in the special finance field. Even if leasing is not for you, bad credit auto loans are available in many dealerships around the country.

It’s true that some lenders will chose not to finance a customer with a lower credit score. Indeed many dealerships often prefer to deal with great credit customers when considering leasing options. However, Brite partners exclusively with a network of car dealerships around the United States and this means that you can lease a new car, even if you have a 500 credit score. The brite leasing program is tailored to customers struggling with bad credit. At the end of a Brite lease you still have the option to purchase the vehicle outright.

 

Pros and Cons of Leasing

Leasing is not for every customer but it certainly has some benefits:

§  You get a brand new vehicle with all the up-to-date technology and safety features for your family.

§  Leased cars through Brite come with a warranty.

§  Leased used cars through Brite tend to me later model vehicles with lower miles.

§  When you make an on-time payment on your used car Brite lease, it can help with your credit rating.

While these advantages may get you excited about the prospect of a used car lease, there are some other considerations to bear in mind. In some cases, bad credit auto loans might be worth considering also.

§  At the end of a lease you don’t own the car but you do have the option to buy it.

§  Leases come with mileage restrictions although Brite used car leases come with generous 18,000 mile limits.

 

Monthly Payments for Lease Agreements

A common perception to leasing a vehicle versus financing is the relatively low monthly payments. Many dealers advertise new cars, trucks, or SUVs for as low as $200 a month. Just remember that your credit rating typically factors into final monthly payment calculations. With brite used car leases you can chose from weekly, bi-monthly or monthly payment schedules to ensure your lease payments line up with your budgeting needs.  Brite financial has been helping people with credit issues find bad credit auto loans and leases since 2010 through our CARite partner network of dealers. If bad credit auto financing is the best option for you, get started today by filling out our easy online approval form. Your new lease could be ready to go before you know it!

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