Can you finance a car if you don't have a driver's license?

I'm a late bloomer when it comes to getting my driver's license. I'm finally getting it in a few months at the ripe old age of 27. I want to buy a car, or at least start shopping before I get my license. Can you finance a car if you don't have a driver's license?

“You don’t need a driver’s license to finance a vehicle. Currently, no state has that as a requirement.
The only things you’ll need to finance are:
  • good credit
  • low debt
  • decent income
Once you get approved for a loan, the lender will require full coverage car insurance for as long as you have the [car loan]
Full coverage can be pricey, especially if you use the lender’s insurance, but you can save money by comparing rates. Jerry does all the hard work for you, pulling quotes from the top 50 companies and delivering the best deals to your phone in minutes. Jerry even does all the paperwork for you so you can just relax and enjoy your new car.
If you want to start shopping for both a loan and insurance now, go for it. It’s always a good idea to research and get multiple quotes so you can find the best deal and enjoy your new ride stress-free.”
Eric Schad
Answered on Aug 10, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

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