Can I Get A Car Loan With No License. Yes, any vehicle you own must be insured, even if you don’t have a valid driver’s license, or intend to drive it. It is perfectly possible to get approved for car finance without license.
Anytime a person or entity (such as a business) with money but no driver's license is buying a car in behalf of someone without a license, the lenders will be very likely to approve the auto loan, as long as the person with money is a good credit risk. An easy fix for this obstacle is to get a state photo id, which you can provide to. Finding an auto loan without a license.
You want at least 10% of the purchase price, but with no credit rating, try to save 20%.
Once you have coverage, the next step is to find a loan, assuming you will not be paying with cash or credit. Most of us have this question in our minds that “do we need to have a driving license to apply for car loans?”. As we mentioned before, you can buy a car without a driver’s license, and some lenders even accept a valid state id. But if you don't have another form of photo identification, the lender may not approve your application because you can't prove your identity.