Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

i am looking for a short lease but i have poor credit. can get approved if i pay the lease in full?

3 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    No. Even with a "one pay" lease, you still must qualify just the same as with a standard lease. If your credit is not strong enough for that, you won't get approved. You're a very high risk and no one will take a chance in today's market.

    Yes, you're paying the entire lease up front but your credit says you are not a responsible person. And since cars are on 4 wheels and can easily be driven out of state or hidden, that is a risk no lender will take. Sorry.

    Source(s): Me. new car sales manager for over 30 years.
  • Anonymous
    1 decade ago

    Generally, you must have good credit to lease. However, some lease companies relax the rules a little if you take over someone else's lease for a short term. Here's more about it:

    http://www.leaseguide.com/Articles/short-term-leas...

    .

  • Anonymous
    1 decade ago

    It takes better credit to lease a car than it does to buy one. With a 493 credit score, you don't have many options.

Still have questions? Get your answers by asking now.