Quick Answer: Do I Need A Full Licence To Get Car Finance?

Quick Answer: Do I Need A Full Licence To Get Car Finance?

If you’re paying cash for a car, you don’t need a driver’s license to buy it.

It also means that you can’t drive it because you don’t have a valid driver’s license.

But if you’re financing a vehicle, the lender is going to require that your name, and only your name, is on the title.

Can you finance a car without a license?

There’s no law that requires a person to have a valid driver’s license in order to purchase a vehicle. It’s also perfectly legal for a lender, such as a bank, auto finance company or credit union to give you a loan for that vehicle if you don’t have a license.

Do you need a license to buy a car from a dealership?

In the United States, there is no legal requirement to have a driver’s license to purchase a vehicle. A dealership will typically require you to have some form of picture identification. Keep in mind that without a driver’s license you will not be able to test drive the car or legally drive it off the lot.

Can I buy a car without a drivers Licence?

Yes, you don’t need a valid driver’s licence to buy a new or pre-owned car. Not having a driver’s licence means you can own a car but not drive it on public roads. Now let’s look at buying a car without a valid vehicle licence, because the rules are quite different for these cases.

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