Will a car dealer always verify your employment?

I've been unemployed for about a year due to COVID, but I should be starting a new job making $95,000 per year soon. I need a car to get to my job. I'm worried that the dealer will want to verify my employment because I haven't started yet and I lied on my loan application that I had started. Will a car dealer verify my employment?

Answer
“Sorry to hear that you’ve been unemployed since COVID, but things look like they’re improving! Hope you get the job.
While congratulations are in order, you shouldn’t have put down that you’re employed on your loan application. Many things could happen before you officially get the job like the job is made redundant, there’s another strain of COVID, etc. If you haven’t received a formal job offer in writing, you don’t have the job yet.
To answer your question, some dealerships will call your employer to verify your income and employment. But more realistically, they’ll ask for proof of income in the form of W-2s, pay stubs, or tax returns. Since you were unemployed for a year, verifying your income is more difficult. As a result, a dealership will likely call your employer. Because of this, you may want to wait to apply for a loan or withdraw your application until you’re actually employed.
While you’re waiting for the verdict on your loan, you may as well check out car insurance quotes online to get the best rate. Most lenders require full coverage car insurance before you can drive the vehicle off the lot, so shopping around can lower your overall expenses.
To save some time and effort shopping for insurance, try using the free Jerry app. 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.”
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Eric Schad
Answered on Aug 20, 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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