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What do you need to bring when you apply for a car loan?
Our family has expanded over the past couple years, and I think I need to take out a loan for a new car. What should I bring when I apply?
Carlos Kirby · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Applying for a
car loan
can seem strenuous, however, preparing all the necessary documentation beforehand will reduce stress and speed up the process. You will need to bring the following personal information:
- Proof of identity
- Proof of income
- Credit and banking history
- Proof of residence
You’ll also need the following information about the vehicle you wish to purchase:
- Vehicle information: Make and model
- Current vehicle registration (for trade-in)
- Proof ofcar insurance
- Method of down payment
Keep in mind, you’ll need full coverage car insurance if you take out a loan. Rates for full coverage insurance can be pricey, so shop for the best rate with
Jerry
. Jerry will provide you with quotes from up to 50 providers in a matter of minutes. Once you make your choice, Jerry will take care of all the paperwork for you. The best part? Most Jerry users save $879 per year on car insurance.
View full answer
- Gregory R.
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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.
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