- Get a cosigner. A cosigner applies for a car loan with you; their credit score, income and work history are used for loan approvals, just as yours are. ...
- Show proof of other sources of income. ...
- Offer a larger down payment.
Can you buy a car with no income?
You're not automatically excluded from getting an auto loan without a job. If you don't have traditional W-2 income, you have to have taxable income that covers your monthly loan payment. ... However, as a bad credit borrower, you usually must have earned income to even be considered for a loan.6 ene 2020
Can I get a car with good credit but no income?
You don't necessarily need a job to get a car if you have good credit, as long as you can prove you have enough monthly income to afford a vehicle. Or, you can pay cash. Just having an income source isn't enough to qualify for a car loan, though, if you have poor credit.12 ago 2021
Can you get a car loan if you are unemployed?
However, for whatever reason, if you are unemployed at the moment, you can still get an auto loan from a bank. Unemployed individuals can get auto financing for the purchase of a new car or a used car of their choice from banks, non-banking financial companies (NBFCs), and auto dealerships in India.