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Can I get a loan to buy a used car from a private party?

(2011-06-28 14:30:11)
1. Xander Says: I want to buy a 2002 trans am that makes over 550 hp at the rear wheels, and 580 ft tq, From my dads friend. This car has 35k miles and only $12k . I really want it, but I dont have credit.
2. whocares Says: Don't feel bad. Even if you had good credit you probably couldn't borrow $12k on a 2002 model.

Its just not happening...unless you can come up with the cash. How bad you want it really doesn't matter.
3. Andy Says: Cars under financing and leasing are more expensive because it require full coverage insurance. You can estimate insurance rate difference online - carquotes.sinfree.net
Tag: Can I get a loan to buy a used car from a private party?
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