{ "media_type": "text", "post_content": "Anyone take out a loan for a private car sale? I see Bank of America and credit unions provide this, but at higher interest rates.", "post_id": "60f99ff2366bb800247735d6", "reply_count": 6, "vote_count": 2, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

Anyone take out a loan for a private car sale? I see Bank of America and credit unions provide this, but at higher interest rates.

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I did this in the past through a credit union as well. Major banks were mostly unwilling to finance or had astronomical rates.

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Dcu - .99% for 65 month used car loan

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Used a local credit union last year and got a 2.3% rate. It was a hassle, thankfully the owner was willing to work with me.

Unless you think you’re getting a great deal, just go carvana

Credit unions are awesome resources and will give you loans that traditional banks won’t. I would check out a few to scope your options!

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