What to Bring When Applying for an Auto Loan

 

Do you want to buy one of our new Mercedes-Benz cars? Has one of our used Mitsubishi cars caught your eye? Whether they’re interested in one of the new or pre-owned vehicles in our inventory, many drivers choose to take out a car loan.

A lot of people get nervous about applying for an auto loan. While some people worry because their credit score isn’t the best, others get jittery because they don’t know what information they’ll need to provide. There’s no reason to be concerned about your credit score when you apply for financing through one of the finance centers that are part of our extended Wilkes-Barre, PA automotive group because our experts help drivers with credit scores that range from non-existent to excellent every day.

You don’t need to worry about the information you’ll need to bring with you when you apply for a loan either. The information we’ll need to see to process your loan application is pretty basic.

Here is the information you’ll need to provide when you apply for an auto loan:

·         Proof of identify

·         Proof of income

·         Proof of residence

·         Proof of insurance

If you’re going to trade-in your current car, we’ll also need to see your vehicle’s registration. Drivers who own their current automobile outright will need to provide their car’s title as well. If you’re still paying off your current car, you’ll need to provide the name of your lender. If you have a recent account statement handy, bring that along with you when you apply for a new loan.

Now that you know what to bring with you when you apply for a car loan, what are you waiting for? Gather the necessary paperwork and head over to a MotorWorld | MileOne Autogroup finance center to apply for an auto loan today.


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