Getting Finance For a Car on TradeMe

Did you know you can get finance to purchase cars privately!? This means you can buy a car off TradeMe, off a friend, or even off the side of the road just like you would at a car dealer.

This gives you the power to find the exact car you want at a much lower price than you might find at a dealer.

Surely there is a catch?

Not at all! Finance companies are happy to lend you money for a car no matter if it is from a registered car dealer or for a private sale.

The conditions are the same however… The car must be fairly new, usually less than 5-10 years old and you must get full insurance for the vehicle.

How Do I Pay The Seller With Finance?

This is actually a lot easier than it sounds. Usually the whole process is the following 4 steps:

1. Get pre-approved for finance up to a certain value (Shameless plug: We can help with that here)
2. Take the ‘Sale Agreement Form’ from the finance company with you and get the seller to fill it out.
3. Send the form back to the finance company and sign the loan contract.
4. The finance company will then pay the seller directly and you can go and pick up the vehicle!

That’s it!

Ready To Get Finance For Your Next Car?

Here at Finance Today, vehicle finance is our specialty. We have access to several Finance Companies and can get you rates that no one else can.

Our team will guide you through the entire process from getting approved for finance, right up to picking up your new car.

With decades of combined experience in the vehicle industry, we can provide you with advice on vehicles, insurance for the vehicle and getting you the best deal possible.