Got Questions? We’ve Got Answers!

Your credit score is not the only factor. We have multiple lenders that work with customer with low credit scores. It all depends on what your exact score is and what specifically has brought it down. For example, if you have a low score because of charge-offs and collections, but you have paid all of your car loans and mortgage on time, then you might have a better chance of obtaining an approval. Also, if most of your credit is good but you have a bad auto loan, you could still be considered for a loan.

If you have a weak credit score, there are many factors that go into getting approved for a loan. Every case is different. Usually, the applicant must have a job or provable income, and depending on the situation, down payment always helps. A co-signer is also a good option to assist in the approval process.

Yes. Getting approved for a vehicle with a bankruptcy is possible. If you meet the requirements in a Chapter 7 or Chapter 13 bankruptcy. We have lenders that are able to approve vehicle loans even if you have a bankruptcy.

Yes. You can buy a car without a driver’s license. However, you must have some sort of government-issued identification, such as a passport. It will also depend on the lender providing the approval. Either way, keep in mind that you will still need full coverage insurance on the vehicle and a licensed driver must accompany you to drive the vehicle off the dealership lot.

No. You can buy a vehicle with any valid government ID. Lenders vary on their requirements, but many do not require a Texas drivers license.

Yes. We have lenders that have first time buyer programs available to assist buyers with little or no credit history.

No. Down payments are not required by Red McCombs Drive Away Motors. However, a lender may require a down payment depending on the structure of their approval. Either way, it is always a good idea to invest in a down payment because it lowers your monthly payment and it helps put your loan in a better equity position.

Yes. It is possible to buy a vehicle or obtain a loan from certain lenders using a valid, non-expired, passport.

Yes. It is possible to buy a vehicle using an ITIN number and a valid passport. In addition, most lenders require two years of tax returns and two months of bank statements.

A cosigner can assist in the approval process if the initial applicant needs additional financial backing or guarantees. For example, if the initial applicant has as a low credit score or very little credit history, then a co-signer may be helpful to get approved for a loan. If such cases the cosigner’s name is also placed on the vehicle’s title and the co-signer shares equal responsibility for the repayment of the loan.

Most lenders require that the applicant has a earns at least of $2500 a month before taxes and deductions. If the income is insufficient for an approval, a cosigner can be used to secure the loan.

Yes. You can put up to $5,000 on a credit card to use as down payment.

No. Credit cards cannot be used to pay for an entire vehicle. However, you can put up to $5,000 as a down payment towards a vehicle loan.

Absolutely! We have full spectrum financing, including the ability to offer the lowest rates available with local and nationwide lenders.

Absolutely! We have a streamlined process in place for out of town customers. We can secure your vehicle and financing before you travel to us. We can also pick you up from the airport if you would like to fly in and take delivery of your vehicle.

Yes. The majority of our inventory is manufacture Certified and goes through a thorough inspection before being offered for sale.

Yes. Many of our vehicles come with the remainder of the manufacturer's coverage and Certified coverage if applicable. We can also offer extended coverage on any vehicle we sell.