A car is getting bought

What Documents Do I Need to Buy a Car?

Milad Hassibi October 16, 2018

If you are thinking of purchasing a new car, you may have considered getting financing with an auto loan. Getting an auto loan is a simple and quick process, and in some cases, you may be approved in as little as 2 minutes.

If you are ready to purchase a car with an auto loan, here are some documents you will need:


In order to verify your income, a lender will request copies of all pay stubs for the period of 1 A new Jeep in red has been soldmonth. This will help them ensure you can afford to make auto loan payments. Most lenders want to see an income of $1,500 per month with no more than 20% of your income going towards paying off your auto loan.

Utility Bill or Proof of Residency

To verify your address, your lender will ask you to provide a copy of a utility bill in your name addressed to your current address. For obvious reasons, a lender will need to know where you live. You can also call your utility company and request a “Proof of Residency” letter which will usually help clear things up.


When it comes to bad credit auto loans, the lending requirements can change. If you have prime credit, chances are you will not be required to provide a list of references. However, bad credit car buyers will usually be asked to provide a list of references for their auto loan.

Depending on your credit, you can expect to provide anywhere from 3 to 12 references in extreme cases. These references do not need to be close friends or family, and they can even live outside of the state.


To verify that you are who you say you are, a lender will ask you for identification. This also helps the lender verify that you are either 18 or older. Identification can be in the form of a drivers license, passport, and in some cases a birth certificate.

Final Note

If you are looking to buy a new car but have less than perfect credit, CrediReady can help. Our nationwide network of trusted dealers and verified lenders work with buyers in all credit situations. Take a moment to fill out our free no-obligation loan inquiry form and start shopping for your dream car today!

Free Credit Score

Get your free credit score now! Get a copy of your most recent credit score.
get your free score

Auto Insurance

Get your free insurance quote now! Save big on auto insurance today!
get your free quote

Vehicle Warranty

Protect your vehicle and you could save thousands on auto repairs.
get your free quote