Easy Auto Financing Company
Left Background Start Home seprater How It Works seprater FAQs seprater Auto Loan Calculator seprater Apply Now for Instant Auto Loan Quotes Left Background End
first corner second corner
Buying a Car from Your Neighbor is Easy with Private Party Auto Loans
top background image
Easy auto loan approval
National lenders network
Online auto loan quotes
Flexible car loan terms
Lowest interest rates
Credit history doesn't matter
No money down auto loans
Low income automobile loan
Financing without cosigner
Subprime automobile credit
Auto dealership financing
bottom background image
Get Lowest Rates on Your Next Car Purchase, No Matter What Your Credit Is!
Valid XHTML 1.0 Transitional
Valid CSS!

Your cousin is selling his Impala that you always loved or you have found a perfect car on Craig's List. Your colleague is thinking of selling his Altima or your neighbor is putting up his Malibu for sale. You can now buy any car with private party auto loans.

It's great to buy a car that has a history. Wouldn't you want to buy a car that has a story behind it? Private seller car loans will be useful when you purchase a pre-owned car from an individual instead of a dealership. This means a licensed car dealer is not involved. These loans were easy to get in the past but since the tightening of lending criteria, availing private party car loans has become a bit difficult.

Lenders are wary of financing person to person car loans. Why? A private party sale increases the lender's risk as there is no dealer to provide warranty after sale. Also, no repair services will be offered. There have been cases in which borrowers have fraudulently inflated the price of the car and got more than their car's worth. So, lenders don't want to risk their money by spending it on a risky proposition.

Don't you think this is harsh? Just because some random people committed frauds, you shouldn't be the one to suffer. I believe that if you have chosen your car, you must be able to buy it without any problems. If you decide, then no one can stop you. So, here are some tips that can help you get private party auto loans.

How Will You Pick Up The Tab?

When you are sure about buying a car, you must know how much you can spend on a car. In addition to the price of the car, remember to factor several other costs like State tax, Title and License fees, registration, insurance, fuel, maintenance, etc. If you think you can pay these expenses, then it is a right decision to get auto loan.

Make Sure you're Not Buying Pandora's Box

Many buyers gleefully purchase someone else's problem. The owner is selling you his prized possession and it is crucial that you find a reason to it. Also, you must be very alert when choosing your car. If you have seen your neighbor's car breakdown almost every month, then there is no point in thinking about it. If you have heard negative remarks about a car, you mustn't buy it.

Whenever you decide to buy a car, be assured of its quality. It is essential that the car is running well. Carefully check the car for any fault. Now, you shouldn't trust the seller to tell you all about his car. So, what you can do is get the car's VIN. There are several websites like Carfax.com and AutoCheck.com that help you check VIN. You will be able to know if the vehicle is salvage, stolen or recalled. After that, ask your mechanic to inspect the vehicle.

Knowledge Has It All

Once you are sure, it's time to search for a loan. You must know that as it is risky, lenders may charge a high rate of interest. But, you can combat higher rates by knowing all about this loan type.


Bill of Sale is essential for any loan. So, make sure that you complete all the documents. It will validate your sale which will ensure the lender of a legitimate transaction.

1. You must be at least 18 years old to apply for auto loans. If you are not 18, your co-qualifier should at least be.
2. You must have a valid SSN.
3. You must at least earn $2400 a month. There will always be companies that will require less than that but this is the general average.
4. You must have been residing at your current home for more than six months.
5. You must be currently employed with your employer for at least six months.
6. The lenders also want that you shouldn't have any open bankruptcies.

When it comes to private party lending, lenders want your selected car driven for at most 80,000 miles. It shouldn't be older than six years. Your minimum loan amount should be $ 7,500.

How to Assure Your Guaranteed Approval?

The Down Payment
Whether it is private party or for that matter any other financing, down payment can really up your approval chances. When you make a down payment, you lower the car loan amount. This reduces the lender's risk and so, he will readily approve your application.

When you ask someone with a decent credit score to co-sign your auto loan agreement, lender's risk gets divided. If you don't make your monthly payments, the lender can hold your co-signer responsible. This ensures safety of money which helps you in getting your loan approved.

Will The Internet Help?

Internet has opened new vistas for Americans. Now, you have the option of availing auto loans without the leaving the comfort of your home. There are several websites that will cater to your needs. But, you need to be careful in selecting the company. It must be a reputed one and should be lending in your area as well. Check the security certificate also.

If you are a bit of cautious, then getting auto loans will be easy for you. So, don't wait anymore. Live your dream car with private party auto loans.

"Make the most of yourself, for that is all there is for you". - Ralph Waldo Emerson

All the Best!


Dotted Line

Copyrights 2008-2013. www.ezautofinance.net. All rights reserved.

We request you to read our Disclosure and Privacy Policy before applying.

Contact ezautofinance.net for any technical assistance or doubts. Ezautofinance.net exclusively owns the content and logo on the website. Any duplication, editing, distribution and any other kind of exploitation of the same requires our special written consent.

Dotted Line
  Follow Us
LinkedIn Profile   Facebook Profile   Twitter Profile  

Youtube Profile

  Google Plus Profile
This website is secured by thawte, it's a trust thing.


Nationwide Coverage: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Right Bottom Corner Left Bottom Corner