It is possible to lease a used car with bad credit, but you may face higher interest rates and stricter lease terms. The interest rate for a lease with bad credit can be as high as 20%, which can significantly increase the monthly lease payments. Some dealerships may also require a higher down payment or shorter lease term to minimize the risk of default. To get the best deal, work on improving your credit score before applying for a lease. You can also consider a co-signer or a lease takeover to improve your chances of approval.