PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can I get a car loan if I have a DUI?
I got a DUI two years ago and I haven't had a car since then. Can I get a car loan with this on my record?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Yes, you should definitely be able to get a
car loan
even if you’ve had a DUI. Your record is of little concern to lenders. They care more about your income, debt-to-income ratio, and credit history.The major drawback of DUIs to those looking to purchase a vehicle is the cost of insurance. In most cases, your car insurance will be two to three times higher than those without a DUI conviction. Add in the need for an
SR22
and full coverage insurance as required by your lender, and your monthly car expenses get pricey fast.In this case, you may want to consider buying a car with cash instead of getting a car loan. When you pay cash, you can choose the insurance coverage level you want rather than being required to carry full coverage, saving you money in the process.
Either way, you should download the
Jerry
app to help you find the best coverage for your needs and budget. Jerry will generate competitive quotes from top providers in less than a minute.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
.jpg&w=64&q=75){kind=avatar}
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
