Private sellers typically don't offer financing, so you may need to take out a loan unless you have enough cash to pay for the car upfront. Either way, when buying a car from a private seller, it's better to kno
To buy a used car from a private seller, ask questions, research the car, inspect and test drive the car, negotiate, and know when to pay and transfer the title.
Learn everything you need to know on how to buy a car from a private seller: how to avoid scams, dos and don'ts, paperwork and processes involved.
Private party sellers: Purchasing from a private owner through Craigslist or Facebook Marketplace can work if you have a specific car in mind and don’t mind vetting the vehicle and seller yourself. Dealerships: Shopping in person at a dealership means enjoying expert assistance. Consider explorin...
Before you use a personal loan to buy a car, compare your options and make sure the pros outweigh the cons. Pros Some lenders offer next-day or even same-day funding, which can be useful if you’re buying from a private seller and need to act quickly. Personal loans do not require...
You're buying a car from a private party While banks offer auto-specific loans to purchase cars from individuals, you need to find a patient seller willing to jump through some hoops. Understandably, sellers who list their cars on Craig...
Many car shoppers find themselves perplexed by the intricacies of car financing and ask us here on CarBuyingTips.com, "How do you buy a used car from a seller who still owes money to the bank for the car loan, and how do you transfer the title to your name?" You just agreed to bu...
We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
Even if your dealer does accept credit cards, your credit limit may not be high enough to cover the full cost. And even with a generous limit, a car purchase might max it out, which could affect your credit score. If you’rebuying a car from eBayor a private seller, things can get...
When you apply for a car loan, auto dealers may pull from either your VantageScore or FICO score, both of which have slightly different ranges for what is considered a "good" credit score. VantageScore 3.0 considers a good credit range of around 750-850, while a good FICO score range is...