Private Car Finance

Found a great car privately?

Cars and Finance Direct organise car finance for vehicles purchased privately, all at great rates and with excellent service. We have a wide range of finance providers, many of whom offer private sale car finance.

Don't have a car yet? We can arrange a pre approval in just 3 easy steps:

1. Fill in the easy online application.
2. One of our loan specialists will contact you to assist with every aspect of arranging your loan pre approval
3. Go shopping to find a great deal from a private seller or visit our car finder to find the right car.

Our finance department can tailor a loan package to suit your circumstances, providing you with access to a wide variety of car finance options. Our team can assist you with secured car loans, personal loans, leases, operating leases, novated leases, chattel mortgages and commercial hire purchase. We are dedicated to getting you that loan sooner.

As a finance broker we are not limited to any particular finance company - we can hunt around for the lowest interest rate, help you avoid 'hidden' fees and charges and most of all prepare the paperwork with the minimum of fuss and maximum of professionalism. We also have lenders who can handle 'difficult' first time car loans and bad credit loans.

Contact Cars and Finance Direct to organise your loan. We can help! Call us on 1800 13 55 12 or apply online.

Top Tips for Purchasing a Vehicle Privately

1. Organise Finance Before Inspecting Vehicle

This saves time as you know exactly what you can and can't afford. A pre approved car loan also enables you to act quickly when you do find the right car and negotiate a better deal. Also ask your finance broker to arrange insurance for you prior to taking delivery of the car. As part of the finance process your Cars and Finance Direct Finance specialist can assist you in verifying correct and proper ownership of the car you are purchasing.

2. Shop Around Before Spending

Look at a number of cars so you can get a good idea of the prices, average odometer readings and general condition of cars on offer so you're armed and ready to negotiate with the seller. Internet search sites also provide a great indication of what is on offer in the marketplace. Visit our Car Finder to view thousands of used cars online.

3. Gain Service History

Ask to see the car's service book and check its service history. Check that the kilometres on the odometer tallies with service and repair receipts.

4. Gain a VCheck

Visit www.checkitout.com.au and check the car's history by using the vehicle's VIN number. There are some mysteries that even a mechanical inspection cannot uncover for example how many owners a vehicle has had or what the vehicle has been used for.

5. Get a Professional Inspection

Have the car checked by a professional who will be able to give you a pre-purchase inspection and report on the condition of the car. Also get the professional to estimate the cost of any repairs he thinks may be warranted. You can then ask for the cost of these repairs to be deducted from the asking price.

6. Transfer of Registration Ability

To enable transfer of registration, the vehicle should also have a completed mechanical check in accordance with the relevant State registration transfer authorities. If there is no certificate provided, transfer of registration may not be possible.

7. Ask about the Warranty

If the vehicle is out of manufacturer's warranty expensive mechanical repairs could become a financial burden. Your Cars and Finance Direct specialist can assist by arranging an extensive warranty cover for you.

8. Ensure Vehicle is Free of Any Financial Obligation

Many finance companies take security over a vehicle when lending to consumers or companies. Any such encumbrances are registered by the relevant state authority and a search of those databases providing the VIN number, the engine number and the registration number will confirm if there are any funds owing.

If it is found that there are funds owing on the vehicle, the encumbrance must be cleared or discharged prior to your purchase of the vehicle or simultaneously with the purchase of your vehicle otherwise title to the vehicle cannot pass onto you as the purchaser. Once again if you are arranging finance for the vehicle, Cars and Finance Direct can assist you in ensuring that ownership to the vehicle flows correctly through to you. You can also access a REVS check by going to the relevant website in each state where the vehicle is registered.

9. Test Drive

Before test driving a car make sure it is insured. Never drive an uninsured car!

10. Beware of Scams

When viewing advertisements online from private advertisers, you need to be aware of common internet scams. These usually involve the advertiser requesting you transfer money before you've seen the vehicle but there are several variations. The Australian Government has a helpful website called "SCAM Watch" with information about common car scams. Remember, if it seems too good to be true, it probably is! If you feel uncertain about making a private vehicle purchase look for a Licensed Motor Vehicle Dealer to alleviate many of the associated risks with buying privately.