Buying a car from a private seller works just like dealer finance, with a few extra checks we handle for you. Fox Finance Group arranges the loan across more than 50 lenders, checks the car on the PPSR, and pays out any money the seller still owes, so you are protected. You can even get pre-approved first, so you know your budget before you talk numbers.
| ▸ Same loan, a few extra checks. A private sale car loan is the same finance you would use at a dealer. The difference is the checks, and we do them for you.
▸ We check the car for money owing. The PPSR shows any finance against the car. If there is some, the lender pays it out directly, so you never hand cash to a seller for a car you do not fully own. ▸ Get pre-approved first. Know what you can spend before you message the seller, and negotiate with a real budget. ▸ 50+ lenders, one honest comparison. We match the loan to the car and your situation, not the other way around. |
A lot of people assume buying privately makes the finance harder. It does not. A private sale car loan is the same product you would use at a dealer. You borrow, you buy the car, and you pay it back over one to seven years. The one real difference is that there is no dealer in the middle, so a few checks happen that a yard would normally do. We handle those for you.
After you have agreed on a price with the Private Seller, we take care of everything else relating to the final payment, so all you need to do is arrange a day and time to pick up your new car!
As part of our process, a check is completed on the vehicle to ensure you get a clear title of the car. This means no nasty surprises about the vehicle still having any outstanding finance securitised over it from previous loans people may have had.
The process is short, and we drive most of it. Here is the whole thing, start to finish.
1 Apply, or ask us for a pre-approval. A quick chat and a short form.
2 We compare lenders and confirm what you can spend.
3 You find the car, and send us the seller and car details.
4 We run the checks below and prepare the loan.
5 The lender pays the seller, or pays out their financier first. You drive away.
What checks happen on a private sale, and who does them?
On a private sale there is no dealer to vouch for the car, so a few checks protect you. We organise them as part of the loan.
▸ PPSR check. Any money owing, and whether the car is recorded as stolen or written off.
▸ Registration and ownership. So the person selling is the person who owns it.
▸ Seller ID and bank details. Which guards against online listing scams.
▸ The car itself. Make, model, year and kilometres.
Yes, and it is the smartest way to buy privately. A pre-approval tells you what you can spend before you start messaging sellers. You negotiate with a budget, not a guess, and you can move fast when you find the right car.
Often faster than people expect once the checks are clear. Many private sales we arrange move from first chat to funds in a few days, and some customers have told us the money was in the seller's account inside 48 hours. Every deal is different, so treat that as an example, not a promise.
This is the part that worries most private buyers, and it is the part we handle most carefully. Plenty of used cars still have finance against them. The PPSR check shows it. If the seller still owes money, the lender pays their financier directly from the loan, clears the debt, and only then does the rest go to the seller. The car comes to you clean.
More than people think. A well-kept older car can still be financed, and a private sale can be for your business as easily as for yourself.
Can you finance an older or higher-kilometre car?
Often, yes. Newer cars are usually financed as a secured loan. Older or higher-kilometre cars may suit an unsecured loan instead. One honest point: a balloon payment is normally only offered on new or near-new dealer cars, so on a private or older car it usually is not available.
Can you buy a private-sale vehicle for your business?
Yes. If the car is for your business, a private sale works the same way, and the loan can be structured around your cash flow. With an ABN you may be able to use a low doc option, often set up as a chattel mortgage.
A private seller cannot arrange your finance, and a single bank can only offer you its own one product. We sit in the middle, on your side. We compare more than 50 lenders, handle the PPSR and the payout, and explain what shows on your credit file before anything is lodged. You deal with one person who keeps you updated, not a call centre. We do the legwork.
▸ 20 years helping Australians sort out car finance, since 2006.
▸ $1 Billion+ in applications processed.
▸ 100,000+ applications since 2006.
▸ 1,100+ 5 Star Google reviews.
Low Rate Secured Car Loan Specialists
A secured car loan is a type of loan used to purchase a vehicle where the loan is secured against the car itself. This means that the lender holds the car as collateral until the loan is fully repaid.
The car being purchased is used as security for the loan, which means that if the borrower defaults on the loan, the lender has the right to repossess the vehicle to recover the outstanding debt. Because the loan is secured, the interest rates on a secured car loan are generally lower than those for an unsecured loan.
Apply for a car loan
Get the Best Business Car Finance
A business car loan is a facility used to fund the purchase of a vehicle for business purposes. The type of vehicle can vary in make and model, depending on the type of business it will be operating for. This product can best suit business owners, self-employed applicants with a valid ABN, or company managers and directors. There are several options available in this category of loans including Low Doc Car Loans, No Doc Car Loans, Truck Loans, Transport & Equipment Loans and more.
At Fox Finance Group, we’re committed to providing outstanding customer service and treating each customer with respect and integrity. We understand that finding a business car loan can be time consuming, which is why we’ll do all of the legwork for you. We can help you find business car finance that fits your budget and enables you to get the business vehicle you need.
Apply for a business car loan
Let us Help You Get the Best Classic Car Finance Today!
We’re the Classic Car Finance experts! We get your passion for old school! We have been helping our clients with low rate classic car finance since 2006. The knowledge and expertise that we have gained over the years allows us to fully understand your passion and just about every model car thrown our way. We can also help you finance your new pride and joy whether you are buying from a classic car dealer, or a private seller.
Apply for a classic car loan
Bad Credit Car Loans Made Simple
Fox Finance Group takes pride in our extensive knowledge of lending to all varieties of client profiles. We understand that people experience unexpected events that may affect their credit score. Through our strong product knowledge, and relationships we have built with lenders, we have the ability to negotiate and compare the best options suited to your profile. If you’d like to know how much you qualify for before proceeding, we can discuss obtaining a pre-approval for you, which will entail all details of your loan before you commit to settlement. This is an obligation free service that we provide our customers.
Apply for a bad credit car loan
Private Sale Car Loans Made Simple
If you have just found your next sedan, 4WD, ute, hatch, or any other vehicle privately and you need some finance to purchase it, we’d love to help. Our knowledge and expertise in private sale car loans is demonstrated through our streamlined customer process. We make all arrangements for you with the private seller, all you’ll have to do is negotiate a price! This is an obligation free service that we provide our customers.
Apply for a private sale car loanLow Rate Secured Car Loan Specialists
A secured car loan is a type of loan used to purchase a vehicle where the loan is secured against the car itself. This means that the lender holds the car as collateral until the loan is fully repaid.
The car being purchased is used as security for the loan, which means that if the borrower defaults on the loan, the lender has the right to repossess the vehicle to recover the outstanding debt. Because the loan is secured, the interest rates on a secured car loan are generally lower than those for an unsecured loan.
Apply for a car loanGet the Best Business Car Finance
A business car loan is a facility used to fund the purchase of a vehicle for business purposes. The type of vehicle can vary in make and model, depending on the type of business it will be operating for. This product can best suit business owners, self-employed applicants with a valid ABN, or company managers and directors. There are several options available in this category of loans including Low Doc Car Loans, No Doc Car Loans, Truck Loans, Transport & Equipment Loans and more.
At Fox Finance Group, we’re committed to providing outstanding customer service and treating each customer with respect and integrity. We understand that finding a business car loan can be time consuming, which is why we’ll do all of the legwork for you. We can help you find business car finance that fits your budget and enables you to get the business vehicle you need.
Apply for a business car loanLet us Help You Get the Best Classic Car Finance Today!
We’re the Classic Car Finance experts! We get your passion for old school! We have been helping our clients with low rate classic car finance since 2006. The knowledge and expertise that we have gained over the years allows us to fully understand your passion and just about every model car thrown our way. We can also help you finance your new pride and joy whether you are buying from a classic car dealer, or a private seller.
Apply for a classic car loanBad Credit Car Loans Made Simple
Fox Finance Group takes pride in our extensive knowledge of lending to all varieties of client profiles. We understand that people experience unexpected events that may affect their credit score. Through our strong product knowledge, and relationships we have built with lenders, we have the ability to negotiate and compare the best options suited to your profile. If you’d like to know how much you qualify for before proceeding, we can discuss obtaining a pre-approval for you, which will entail all details of your loan before you commit to settlement. This is an obligation free service that we provide our customers.
Apply for a bad credit car loanPrivate Sale Car Loans Made Simple
If you have just found your next sedan, 4WD, ute, hatch, or any other vehicle privately and you need some finance to purchase it, we’d love to help. Our knowledge and expertise in private sale car loans is demonstrated through our streamlined customer process. We make all arrangements for you with the private seller, all you’ll have to do is negotiate a price! This is an obligation free service that we provide our customers.
Apply for a private sale car loan
Provide some details about yourself, your loan objectives, and the car you want to buy.
Our car loan Lending Specialists will run through all of the finer details to get your vehicle finance underway.
We'll get you approved with the lender best suited to your individual profile. You'll be able to go car shopping, knowing exactly what you can purchase!
Once everything is verified, we'll walk you through a simple contract signing process.
We'll communicate with your lender through the entire settlement process. You'll know exactly when you can pick up the new car!
Provide some details about yourself, your loan objectives, and the car you want to buy.
Our car loan Lending Specialists will run through all of the finer details to get your vehicle finance underway.
We'll get you approved with the lender best suited to your individual profile. You'll be able to go car shopping, knowing exactly what you can purchase!
Once everything is verified, we'll walk you through a simple contract signing process.
We'll communicate with your lender through the entire settlement process. You'll know exactly when you can pick up the new car!
A private sale car loan is when a vehicle finance company lends you the money to buy a vehicle from a private seller (not a dealership). The lender will hold security over the privately purchased vehicle for the duration of the loan. Private Sale Car Loans can be used for personal use (a consumer car loan) or commercial use (business vehicle loan). Speak with one of Lending Specialists about how we can best structure your loan to suit you and the repayment that you are trying to achieve.
Privately sold vehicles will most likely require a vehicle inspection prior to payment, which ensures that whatever you are purchasing is in good working order. This helps protect you – please discuss this with our Private Sale Car Lending Specialists prior to purchasing a vehicle. Reach out to us so we can help you find the best option available, or simply call us on 1300 665 906.
The good news is that some of our private car sale financiers don’t have any early termination fees. Fox Finance Group can arrange many different loans from a large panel of lenders. Some private sale lenders do have an early payout penalty so it’s best to talk to one of our team about all your options – we will explain these and all other terms with you prior to you accepting our loan offer.
Don’t stress. For this reason, we have built relationships with and have access to over 50 lenders, including all of the big banks and niche new to industry lenders that all have loan products for private sale car lends. Each of these lenders policies and guidelines vary significantly, which is good news for you because if you don’t fit one or more lenders criteria, it does not mean another lender from our panel won’t welcome your application.
This is just one reason why it pays to have one of our Lending Specialists in your corner negotiating the very best deal for you on the finance on your private sale car.
Yes. If you make several applications with different lenders for a private sale car loan, it will affect your credit rating. Most lenders see multiple credit inquiries as an indicator of high-risk behaviour. Fox Finance Group has the knowledge and experience to get your private sale car loan approved with the right lender the first time. We’ll educate you along the way – so you know exactly what your credit score is – and what is currently sitting on your credit file that all lenders see. Speak with us about how you can get a free copy of your credit file today!
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