Is it possible to get a loan to purchase a vehicle from a private party? If so how does it compare to a loan that you would get at a car dealership?
Yes, it's possible, because higher-volume auto dealerships have greater clout with lenders, they may be able to obtain financing for their customers at lower rates than your bank would charge, but that's not always the case. Shop around for the best loan rate and terms you can find. Start looking where you keep your bank accounts, but don't take the first deal you hear about.
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Yes, it's possible, because higher-volume auto dealerships have greater clout with lenders, they may be able to obtain financing for their customers at lower rates than your bank would charge, but that's not always the case. Shop around for the best loan rate and terms you can find. Start looking where you keep your bank 