* Income: You need to have a steady source of income to qualify for a car loan. The amount of income you need will vary depending on the lender and the type of car you want to finance.
* Credit score: Your credit score is an important factor in determining whether or not you will be approved for a car loan and what interest rate you will be offered. A higher credit score can lead to lower interest rates and better loan terms.
* Down payment: Most lenders will require you to make a down payment on a car loan, which is a percentage of the total purchase price. The amount of down payment you need will vary depending on the lender and your credit score.
* Proof of insurance: You will need proof of car insurance in order to finance a car. The insurance must cover the amount of the loan plus any interest and fees.
* Other documents: You may also be required to provide other documents, such as proof of residency, a driver's license, and a copy of your pay stub.
The specific requirements for financing a car can vary depending on the lender, so it's always a good idea to check with the lender before you start the process.
