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Private party loan

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boomhower
Valued Contributor

Private party loan

Is financing a car purchased from a person any more difficult than buying from a dealership?

Message 1 of 3
2 REPLIES 2
Revelate
Moderator Emeritus

Re: Private party loan


@boomhower wrote:

Is financing a car purchased from a person any more difficult than buying from a dealership?


Yes, unequivocably.  From posters on this forum, CU's and other smaller lenders will be more willing to play ball on this apparently but some of the major lenders won't touch them at all.

 

 




        
Message 2 of 3
boomhower
Valued Contributor

Re: Private party loan

I recently joined DCU and asked them, they do PP auto loans so I'll likely go with them. 

Message 3 of 3
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