How do I use my Flexloan™ to buy a new car?
Once you are pre-qualified, you can use your Flexloan™ to purchase a new vehicle directly through the Carputty dashboard. Here's how it works:
- Log in to your Carputty account and click “Add a -Vehicle” to begin.
- Enter the details of the vehicle you want to purchase.
- Review and agree to your Preliminary Statement.
- Select any optional Carputty Coverage products to protect your vehicle (these can be financed as part of your Flexloan).
- Carputty will coordinate directly with the dealership to collect the signed Bill of Sale, Title Agreement, and other required documents.
- Once everything is verified, you’ll receive a Final Statement of Terms—powered by our partnership with Westlake Direct—outlining the final amount financed, your APR, and loan terms.
- Carputty will then fund the dealership directly.
- After that, you’ll be able to arrange pickup of your vehicle with the dealership.
