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Private. I suggest getting pre-approved at your bank / credit union, and see if the dealer can beat that rate, as some dealers will arrange financing with a local bank.
Private party car loan you can say it in other words personal car loan or person to person car loan where individual can get car loan without cosigner help.
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What's better, private or dealer Automotive Service Centers?
The dealer service center will know a bit more about your new car than the private one. The private mechanic will be cheaper.
Can a dealer collect on repo unpaid balance?
Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.
How do you trade car not paid?
The dealer will pay off the loan but it t will cost you a fortune by a low tradein price and the dealer refinancing the original loan payoff. Don't do it. You can come out much better by finding a buyer yourself and paying off the loan with some of the proceeds. You are in a much better position to make a better deal or get a discount on the next car you want with more cash in your pocket. This can be a big bucks difference depending on the value of your car and the amount you owe.
What happens if your car loan is approved but you still owe the dealer money?
You will have to prove to the dealer that you are waiting to get the money. Show the dealer your loan approval documents.
If you purchase a car from a private dealer how will you get it home with out tags or even to get temp tags?
Sorry..you put "private dealer". Is he a dealer or a Private Party? For the future it would help to know what state you are in. Not all states offer temp tags. The dealer made a sale. Ask him to drive it home for you with his dealer plates on. Better yet, you should insure and register it.
Credit score in relation to financing a car?
You can finance a car by either contacting a bank and getting a loan through them or by getting a loan directly through the car dealer that you will be purchasing the car from. The benefits of a good credit score include better interest rates, lower payments and make it easier for you to obtain a loan.
If you have a cosigner that is not present for a private party car loan can a power of attorney be used to have another person sign for them in the precense of a notary?
Yes in certain situations the dealer will allow a power of attorney to sign for car.
If spouse buys you a car can dealer come take car if he is not paying on the loan?
Yes a vehicle can be repossessed if the loan is not being paid on.
What is the highest legal interest rate for a car loan?
what is the highest interest rate a car dealer can charge on an auto loan in sc?
What is a pre-approved car loan?
A pre approved car loan is a loan where the car dealer or banks have already run your credit. They have determined how much money they will lend you and what you can afford to buy.
Which is an example of a person using credit in order to obtain something?
Adam goes to a car dealer and gets a loan to buy a new car. ( STUDY ISLAND)
Should you shop at dealers and private parties or just dealers?
While buying a used car from a private party might take less time and be less expensive, buying a used car from a dealer provides a guarantee. The guarantee alone makes shopping at a dealer a better choice.
