5 Comments

1. exodust20 says:
   May 5, 2010 at 1:45 am

   Yes you can, but keep in mind a bank won’t do a loan on something with high miles. Check with your bank on what there criteria is.
2. manffredd says:
   May 5, 2010 at 1:56 am

   Yes you can. A car loan uses the car you’re purchasing for collateral. If you get a personal loan you either need other collateral or really good credit. The lending association will have a max amount they will loan for the car and you would have to carry collision and comprehensive insurance because bank is the legal owner of the car
3. Heather says:
   May 5, 2010 at 2:19 am

   Yes, I’ve only bought one car privately, but got a loan from my bank the same as I did when I bought through a dealer. If you don’t have a normal loans person at your bank, just give your bank a call and they will put you through to someone who will explain the process and what they need.
4. Larry E says:
   May 5, 2010 at 2:37 am

   You sure can.
5. melville248 says:
   May 5, 2010 at 3:17 am

   Of course you can. Just go to your bank, you will probable need to get a auto loan and the car your purchasing will be your collateral. A loan officer at your bank will walk you through it. Good luck.