Monday, September 6, 2021

Can I Lease a Toyota with No Credit?

When it comes to obtaining a Toyota lease, Keyes Toyota is ready to help you find convenient terms that work for you. We’re not only dedicated to helping you find the perfect new or pre-owned Toyota vehicle; we also want to make sure you have access to financing tools and information every step of the way. Here’s a look at our leasing process before your next appointment.

No-Credit Toyota Lease

Credit plays an important role in the auto financing process, especially when it comes to leasing a car. You have two main options when it comes to financing a vehicle—buying and leasing. 

In order to lease a vehicle, you typically need a high credit score. The higher your credit score is, the more options you will have at your disposal, including longer term options, lower down payments, and smaller monthly payments.

However, you don’t have to worry if you don’t have perfect credit. There are still financing options available to you, and you can still begin the test-driving process right here at Keyes Toyota.

What to Do If You Don't Have Credit

If you want to take home your next car today, you can purchase rather than lease. While credit can still impact your purchasing options, you can still buy a car with low or no credit. 

If you have time, you can also work to build up or create credit so you can lease in the future. You can create credit by taking out credit cards, and you can raise your score by paying off bills and reducing debt.

Learn more about Toyota financing and lease options here at Keyes Toyota. Schedule an appointment with our financing team in Van Nuys today.

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