Can you use car finance to purchase a private sale car?

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?

Can you use car finance to purchase a private sale car?
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
Reply:Yes, you can get a used car loan from a bank, credit union, or online loan company on a car you buy from an individual, assuming you meet the qualifications for such a loan. Here's an article that has more details:





http://www.firstcarguide.com/finance/aut...





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Reply:Managing your finances should never be a completely solo task. Why not take advantage of the hundreds of free financial consultancy websites? You can easily find reputable help from financial directories like http://cozyfinance.com/ and save yourself the hassle from learning it all yourself.
Reply:Yes and no. You can decide to purchase from either source. Private party sales are all "as-is" and with most dealers they will stand behind most of their sales most of the time.
Reply:Yes.





You can purchase from a private party.... but you will pay a higher APR. Make sure you tell them upfront that's what you plan to do.
Reply:Yes you can but the bank will only lend what the blue book says the car is worth! Even if it has modifications to make it worth more the bank will go by the blue book value!
Reply:Yes, absolutely