: Like standard auto loans, the vehicle serves as collateral. Lenders often have strict limits on the car's age (typically under 10–15 years) and mileage (often under 100,000–125,000 miles).
The following lenders are highly rated by sites like NerdWallet and Credit Karma for private party financing in 2026: How To Finance a Car From a Private Seller - BECU auto loan to buy from private seller
: You are responsible for handling paperwork that a dealer would normally manage, including title transfers, registration, and sales tax payments. Top Lenders for Private Party Loans (2026) : Like standard auto loans, the vehicle serves as collateral