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That makes bad credit/no credit dealerships all the more enticing to buyers with lousy scores. ... Several experts suggested saving up for a private sale instead or seeking out a co-signer to help ...
Financing a used car from a private seller involves securing a loan from a bank, credit union or online lender to purchase a vehicle directly from an individual rather than a dealership.
For example, if a dealer has an interest rate offer of 7.9% financing OR a $2000.00 rebate and a consumer's lending source offers 8.25%, a consumer should compare at the credit union what payments and total interest paid would be, if the consumer financed $2000.00 less at the credit union. The dealer can have their lending institution check a ...
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information . [ 1 ]
Car rental companies and car dealerships are also defrauded by car thieves into renting, selling, financing, or leasing them cars with fake identification, checks, and credit cards. This is a common practice near national borders, where tracking devices are less effective because the victims may lack jurisdiction in the countries into which the ...
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