15th May 2017
I’ve Got Bad Credit, Do I Need A Deposit?
Let our in-house bad credit specialists find you a cheap lease deal
Apply online in minutes ⏱️
Speed up the process of your car leasing journey and check your eligibility - with no impact on your credit score!
Having bad credit shouldn’t make car leasing a daunting process, although it can feel like it if you’re struggling to build your credit score.
At Zero Deposit Car Leasing, we understand the risk of being rejected for car finance due to a poor credit score can be worrying, especially if you need a car for your day-to-day activities like picking up your kids or going to work.
That’s why we have a team of in-house, bad credit car leasing specialists with access to a wide range of lenders and offers. They make it their priority to get you into your perfect car even with a subprime credit score.
Search more than 5,000 cars from budget manufacturers like Toyota to more upmarket choices like BMW and Audi. Find the right car for you, and enquire about your lease deal. Our team will go through your application and alleviate any worries you have.
It’s that simple. Your car lease contract is only a few clicks away.
Leasing a car is an excellent option to consider if you have poor credit and want to lease a car. Just tell us the car you want, and we’ll help you find bad credit car lease deal that suits your needs.
We’ll do a credit check with your best-suited lender, who will then take a look at your credit file. Once you pass the finance application, you sign your contract, and you are ready to get in the driver’s seat of your chosen car.
Choosing a car lease can be a long process, but it needn’t be. This is why Zero Deposit focuses completely on getting customers like you the best car lease deal and then deliver the car to your front door quickly and hassle-free.
Can I lease a car with bad credit?
If you have bad credit, you can still be considered for a car lease, but your monthly payments are likely to increase the lower your credit score is. We advise a soft-credit check before applying to any car lease agreement, to ensure you won’t further damage your credit score, in case of a credit decline.
What credit checks will be done?
Whatever financial agreement you wish to apply for, it will always require a credit check. A soft credit check will be done first of all, as this has no impact on your credit score. You can then see which lender is best for you, as well as allowing ourselves to see if you would be accepted for a credit agreement.
Will a poor credit score affect the cars I can choose from?
Having bad credit can sometimes limit the range of cars you are able to choose from due to affordability. However, if you can afford a deposit and the monthly payments, then you can choose any car from our range.
Can I lease a new car with bad credit?
In theory, yes. But it would help if you considered whether you could afford to as a new car will cost more to lease than an older car.
How do I lease a car with bad credit?
Pick the car you want to lease and submit an enquiry; our team will go through your application with you, and once you've been approved we can finalise your lease and arrange for pick up or delivery.
Where can I lease a car with bad credit?
At Zero Deposit Leasing, we work with a range of specialist lenders, so we are the go-to company for bad credit car leasing.
Should I buy or lease a car with bad credit?
It all depends on what you want from your car; leasing is great for people who like to switch cars, whereas buying is better for people who want to own an asset.
Do I need to pay a deposit if I have bad credit?
No, you don't need to pay a deposit if you have bad credit. However, it does help as lenders will see you as less of a risk.
What if I have defaults, CCJs or IVAs?
You could still lease a car if you have CCJs, IVAs it defaults, get in touch with our team and see how we can help you.