Do You Need Full Coverage on a Used Financed Car?


While many of the details involving financing and insurance coverage can seem confusing, Kareem Auto Sales Inc is here to guide your used car purchase. Do you need full coverage on a used finance car? Let’s break down whether full coverage is right for you.

Financing a Used Car: The Facts

Regardless if you’re buying new or used, most states don’t require full coverage to drive off the lot. That being said, financial institutions want protection for their investment, so many will require full coverage on the length of your loan.  For example, if your loan agreement is for 36 months, your lender will hold your vehicle’s title during that entire time, requiring coverage for the duration of the term. Once your vehicle is paid off, you can choose whether to keep your coverage.

How Many Years Can You Finance a Used Car?

Once you’ve chosen the right used car in Sacramento, you’ll need to start the finance process. Preparing yourself with the right research and information will help you feel confident going into the negotiation and approval process.  When applying for a loan, you will need the following documents:

  • Valid Driver’s License
  • Valid Car Insurance Card
  • Any supporting financial documentation (i.e. last two pay stubs)
  • Any existing vehicle documentation for your current vehicle (if applicable)

Your lender will walk you through your eligible rates and terms after applying. Your credit score and down payment total will affect the length of your loan, so be sure to check your score ahead of time, and make the largest down payment you can afford within your budget. Using a monthly payment calculator helps clarify options for many Folsom drivers.  If you have any questions, the finance experts at Kareem Auto Sales Inc can walk you through, helping you feel comfortable about your financing options.

Financing a Used Car with Kareem Auto Sales Inc

Buying a car near Roseville doesn’t have to be stressful. Whether you have good or bad credit, the team at Kareem Auto Sales Inc is here to help! Our car buying tips for Elk Grove drivers demystify the financing process, plus our friendly sales team is always available to answer any questions. We look forward to working with you!

More from Kareem Auto Sales Inc

  • 2021 Toyota Camry Configurations

    The Toyota Camry is a fully-loaded sedan that has become quite popular with Elk Grove drivers and industry experts alike. For the most recent model year, there are several outstanding Toyota Camry configurations to choose from, including hybrid models. From the Camry SE to the XSE, you’ll be able to find the right fit for you…

  • 2021 Jeep Wrangler Interior

    What is more iconic than the Jeep Wrangler? The 2021 Jeep Wrangler interior has found a way to blend style, comfort, and technology to take you to Elk Grove and beyond on the open road, without sacrificing comfort. The 2021 Jeep Wrangler also comes with plenty of cargo space to carry your gear with you, so…

  • Explore the 2021 Honda Civic Interior

    If you’re looking for a new compact, then you won’t be able to ignore the 2021 Honda Civic. Combining performance and top-of-the-line technology, the Honda Civic interior is a spacious and enjoyable ride that feels a cut above its rivals. Find out why so many Elk Grove drivers are coming into Kareem Auto Sales Inc looking for a Honda…

Saved Vehicles


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us

(916) 473-1656

Call Now

2330 Fulton ave • Sacramento, CA 95825

Get Directions

Today's Hours:

Open Today! Sales: 10am-7:30pm

Kareem Auto Sales Inc 38.6079032, -121.400815.