Police have arrested a man who they believe stole a new car from a North Austin dealership while he was supposed to be test driving it and sold it for drugs, according to an arrest affidavit.

Carlos Sergio Valdes, 50, was to test drive a 2013 Chevrolet Tahoe in the Henna Chevrolet dealership parking lot Saturday when he drove off without permission, according to the affidavit.

After having it for almost two hours, Valdes then called police to report that his vehicle was stolen, the affidavit said.

He told police that he had became lost and ended up two miles away from the dealership on Sam Rayburn Drive, according to the affidavit.

Later, police pulled over a woman who was in the Tahoe and said Valdes sold her the vehicle for two crack rocks, the affidavit said.

Police say the value of the car is $40,075.

Valdes, who has been charged with theft, was in Travis County jail on an $80,000 bail.