Special Financing

To get you approved we will need:

• Proof of income — You have to prove that you make enough to repay a car loan. This typically means providing your most recent check stub which shows an income of at least $1,500 to $2,000 a month before taxes. Your pay stub must be computer-generated and show year-to-date income.
• Proof of residence — A current utility bill in your name at the address listed on your auto loan application is required.
• Proof of a working telephone — Often referred to with the phrase "no phone, no loan," lenders need to make sure they can get ahold of you if an issue arises. For proof, bring in a current landline or cell phone bill in your name. Prepaid phones don't count as proof.
• Personal references — Most lenders require that you provide a list of five to eight personal references. This should include names, address, phone numbers, and email addresses.
• A down payment — When you're dealing with special finance dealerships, a down payment is usually required. Typically, you're required to put down at least $1,000 or 10% of a vehicle's selling price, whichever is less.