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"Can I finance a car if I don’t have a valid driver’s license after a DUI? "
"My license was suspended because of a DUI in which my car was totaled. I can now get my license reinstated. The dealer pre-approved me for a car loan, but to finalize the agreement, they said they need a valid driver's license. Am I out of luck?
"
Johnny Puckett · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“There are lenders out there that do not require a driver’s license, so it is definitely worth searching around.
You could also try to get a personal loan that is not secured by the car, but you would probably need pretty good credit. Another option may be to get someone else to finance the car for you and then refinance the car in your name later.
Whichever option you choose, you will have to provide proof of insurance when you finance a car. And getting
car insurance without a license
can be tricky, but it’s not impossible.”View full answer
- Gregory R.
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