Certain restrictions and conditions apply. Automated payment must be set up at loan closing from a PNC checking account to qualify for the 0.25% discount. If automated payment is discontinued at any time, you may no longer receive an automated payment discount and your rate will increase 0.25%. Processing times may exclude weekends and holidays.. If you're wondering what a private party auto loan is, it's a car loan that allows you to borrow from a lender to purchase a car from a private seller. In October 2022, Kelley Blue Book put the average price of a used car at $27,564. While more affordable than a brand-new vehicle, purchasing one from a private seller can increase your savings.
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A private-party auto loan, or private-seller auto loan, is a form of financing used to purchase a car from an individual instead of a dealership. This type of auto loan isn't widely available, but some national banks, online lenders and local banks or credit unions offer this service. Like a traditional car loan, a private-party auto loan is.. Financing a car from a private seller means getting a direct loan, which is often called a private party loan. These typically come from banks or credit unions and can be easier to get when you have good credit. If you're struggling with bad credit, it can be difficult to get a private party auto loan - but there are still ways to get the.
