Lenders That Offer Private-Party Auto Loans
Private-party auto loans are used specifically to finance the purchase of a car from an individual. Not all lenders offer private-party auto loans.
Shannon Bradley
Shannon Bradley covers auto loans for NerdWallet. She spent more than 30 years in banking as a writer, creating educational content to help individuals and businesses with financial decision-making. Shannon has a bachelor’s degree in journalism from the University of Southern Indiana. She has two married (and financially independent) sons, a granddaughter with a 529 savings account and two rescue dogs with no financial concerns. Email: [email protected]
Posts by Shannon Bradley:
Tips for Buying a Used Car From a Private Seller
Buying a used car from a private seller can have advantages. For example, if you’re looking for an exact make and model of vehicle, you might be able to cast…
What Is a Private Party Auto Loan?
Private-party auto loans help you pay for a car you buy from an individual, such as a family member or on Craigslist. When you purchase a car from a private…
What Is a Bad Credit Score for a Car Loan?
No single number defines a bad credit score for a car loan. In general though, if your credit score is below the mid-600s, you can expect higher interest rates and…
What Is a Bad Credit Auto Dealer?
Bad-credit car dealerships sell and finance vehicles for people with low credit scores, no credit, past bankruptcies, car repossessions or other credit issues. Some of these dealerships specialize in working…
How to Get a Car Loan With Bad Credit
Knowing what lenders look for can show you how to get a bad-credit auto loan with a lower rate. In most cases, having bad credit won’t prevent you from finding…
Top Cash-Out Refinance Auto Loans
Compare lenders that offer cash-out refinance auto loans, including current rates, and learn the pros and cons of cash-out refinancing.
3 Ways to Tap the Unexpected Equity in Your Leased Car
A shortage of semiconductor chips and other car parts has led to low new car inventory, higher used car demand and skyrocketing car prices. This supply chain disruption caused by…
Can You Negotiate a Car Lease Buyout Price?
In most cases, you can’t negotiate the buyout price at the end of your car lease. At the beginning of your car lease, the leasing company estimates the car’s residual…
