At Hippo Leasing, we know the stress that a low credit score can cause, especially when it comes to something as important as getting a new car or van. That doesn’t mean you should feel limited in the car you drive, as Hippo Leasing can offer affordable lease agreements even if you have a less-than-perfect credit score.
We have access to all makes and models, as well as new and used cars, so if you can’t find what you’re looking for in our bad credit car lease deals below please, contact us for the best deals that suit your requirements.
Even with less-than-perfect credit rating, you can now apply for car finance with bad credit and lease your next vehicle with Hippo Leasing.
With poor credit car leasing, you have an agreement whereby you make agreed monthly payments for a fixed period. Bad credit vehicle leasing agreements commonly run from 48-60 months, this is slightly longer than most standard leases.
Credit scores reflect the risk that lenders take when offering poor credit car finance, meaning a strong repayment record will normally result in a good credit history and thus a higher credit rating, showing the lenders’ confidence that their money will be paid back.
Other factors that affect your credit score include:
County Court Judgements (CCJ)
Individual Voluntary Arrangement (IVA)
Stability with your address and electoral roll
Stability in the age of your accounts
The more stable your situation is, the more creditworthy you are likely to appear to potential lenders.
Lenders feel more at risk when lending to someone with a poor credit score as opposed to lending to those with good credit. As a result, rates will be higher, and a deposit may be required to cover the risk of not keeping up with payments.
How can Hippo Leasing help you get a car with subprime credit?
At Hippo Leasing, we have specialist account managers trained to work with a wide range of credit and financial backgrounds. Your allocated account manager will work hard to find you a vehicle and finance plan most suited to your budget and requirements
Our growing relationships with a wide panel of lenders means we can offer you the very best chance of approval for a bad credit lease or finance agreement. We assess your application prior to sending it to be approved to ensure you face the best chances of being approved.
You will be considered for approval whether you have missed payments, CCJs or defaults.
Benefits of leasing with Hippo Leasing
All credit considered.
New and used cars.
48-hour delivery. If your car is in stock, we can deliver it to your door in 48-hours.
Soft credit check. Our initial credit check is a soft check that doesn’t impact your credit score.
No deposit. All our deals are available with no initial rental, meaning if you want, you can pay nothing for 30 days.
Frequently Asked Questions about bad credit car finance
Q: Can I lease a car if I have poor or bad credit?
A: Yes, you can. We have a wide range of bad credit leasing options on a wide range of cars available for you to choose from. Hippo Leasing specialises in bad credit leasing and aims to help all customers by considering all credit types so hopefully, we can help you.
Q: Can you lease any car or are you restricted on choice?
A: As we consider both credit and affordability, if we think you can afford a deposit and the monthly payments required to lease the car, you can have it.
Q: Do you require a hard or soft credit check?
A: We run a soft check to determine what you may be eligible for; next steps are determined dependant on the funder.
The Hippo Leasing promise
At Hippo Leasing, we strive to make the process of getting behind the wheel as simple as possible and accessible to more people. By providing a tailored service, we aim to offer something for everyone.
To get behind the wheel of a car today, contact us or speak with our account managers by calling 01254 956 666 to discuss your bad credit car finance requirements. View all our deals here.