A private party car loan is used to buy a vehicle from either an individual seller or from a dealership. This type of loan is sought by a used car buyer independent of the dealership. A private party loan is similar to a traditional auto loan you would get through a dealership but there are some differences.

Length Of The Loan

Dealership lenders typically offer loans of long terms, between 48 and 72 months. That is four to six years. On the other hand the typical private party auto loan is only 36 months.

Share This

This is one of the best times to buy repo-ed motorhome and RVs at rv repo auctions. Any savvy rv buyer knows that higher unemployment rates and home foreclosures mean the number of foreclosed rvs being bold at auction is also on the rise. This is spectacular news because it allow you as the buyer to get the best prices and a large selection on the next motor home you buy.

Share This