Buying vehicles as a 1099 employee
Apr. 27 2023
News
When purchasing a vehicle from KarMike USA, you have 3 options: 1) Pay cash, 2) Have us finance it in our buy here, pay here program, or get 3) Outside financing with a bank, credit union, or other lender. Under numbers 2 and 3, the ability to prove income is many times need. But, for 1099 employees that do not get a pay stub, there is often problems when a lender needs to verify income. This is especially true when a 1099 employee does not deposit their income in to a bank account.
Again, under numbers 2 and 3, we have to verify income and amounts before proceeding on a sale.