Can you use car finance to purchase a private sale car?
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i would like to purchase my first car using car finance and would like to know if this can be used to purchase a private sale car i.e from a friend or motor weekly etc or does the purchase have to be made from a dealer?
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Brown C said:
yes you can get it with private party car finance, It’s a person to person car loan when you purchase your vehicle from a private party and not a dealer. This sort of financing has some of the same features as loans from a dealership purchase. However, there are of course some key differences.
Private Party Financing loan terms tend to be less than purchasing a new car from a dealer. A new car loan is typically offered for as long as seventy two months. On the other side, the maximum available loan term for private party car financing is usually forty eight months.
for your reference try http://www.moneytoride.com
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0November 14th, 2009 at 10:28 am
