Can I Buy a Car on Installment Without a Driver's License? Can I Get It Licensed?
1 Answers
You can buy a car on installment without a driver's license. Installment car purchase refers to a borrower applying to buy a car by paying a portion of the down payment first, with the remaining amount issued as a loan by the lender to the buyer in installments. Conditions for installment car purchase: Possess a valid identity document and have full civil capacity. Provide a detailed address: Provide proof of a fixed and detailed residential address. Have a stable job: Have a stable job and the ability to repay the loan principal and interest on schedule. Good credit: Have good personal social credit. Approved purchase contract: Hold a car purchase contract or agreement approved by the lender.