Information Needed To Buy A Car Direct

If you are financing the vehicle, lenders require detailed proof of your identity and ability to repay the loan.

: Income Tax Returns (ITR) for the last 2–3 years and audited balance sheets/P&L accounts. information needed to buy a car

: Latest 3–6 months of bank statements and salary slips, and Form 16 for the last financial year. If you are financing the vehicle, lenders require

: Utility bills (electricity/phone), rent agreement, or Voter ID. Proof of Income : If you are financing the vehicle

For pre-owned vehicles, you must verify the car's history and legal status before making a payment.

: Information on current debts, credit score, and a clear budget for a down payment (ideally 20%). 2. Vehicle Verification (Used Cars)