Car Loans | Car Finance > Finance > Other Loans > Private Sale Car Loans
Buying a Car Privately?
There are many benefits to buying a second hand car from a private vendor and there are significant savings to be had. AFS is the lender of choice for discerning buyers when it comes to financing a private sale. AFS has no restriction on type or age of goods and our private sale process ensures you'll be driving your your new set of wheels in no time!
More about Buying a Car Privately
Private car sales are the single biggest market of car sales throughout Australia. However you may find that many financial institutions will not provide finance to you if you are purchasing your vehicle from a private seller due the higher level of fraud compared to dealing through a licensed dealer.
Since 1988, AFS has been providing finance for private car sales and developed a tailored process for those Australians that choose to purchase their vehicle sold through the private-to-private car market.
We understand that those who buy cars through the private sale market are discerning and price sensitive and often spend weeks, and even months, hunting for the exact make and model of car they want to buy, so the last thing you need is for a financial institution to tell you that the car of your dreams can't be financed because you're buying privately. Our aim is to finance any type of car, boat, bike, caravan, or camper trailer, irrespective of who is selling it - dealer, auction or private vendor.

Am I able to get finance if I buy my car from a private seller?

Yes. Unlike many banks and lenders, AFS does not have a restriction on financing cars from private sellers although we may require some additional information that only helps to protect your interests.

The great thing about buying a car from a private seller is that you don't have to pay any GST and a private seller doesn't have any of the expensive overheads that a car dealer does, so you can save thousands of dollars.

An independent valuation of many vehicles can be provided by online valuation specialists such as Glass's Guide and Redbook.

AFS subscribes to Glass's Guide which is used by most banks and car dealers across Australia and we provide access to you on our website - free of charge! 

Try our valuation tool now:

AFS Valuation Tool


AFS enables you to borrow between $5,000 and $130,000 depending on our assessment of your capacity to repay and current circumstances. Loan terms range between 12 months and 60 months (or longer if you have good credit) and we can even finance your comprehensive insurance so that you know your dream car is covered at all times. 

No. The same fees and charges apply to a classic car loan with AFS as all standard loans.


To learn more about our fees & charges go to:

AFS Fees & Charges

Can I use a finance broker to help finance a car from a private seller?

Yes. The AFS Private Sale Car Loan product is used extensively by finance brokers as many of mainstream asset finance lenders will not lend to customers buying a car privately or may require significantly more information and even require an independent vehicle inspection.

Also if you were to arrange a loan through your bank, then the only relevant product that would not be unsuitable may be an unsecured personal loan which is often more expensive than their standard car loan product.

Please note that if you use a finance broker you may be charged an origination fee which is separate to the AFS Fees & Charges but can also be financed as part of your loan. If you use a broker, you should ask for a copy of their credit guide and obtain a credit quote from them.


Is getting secured finance to buy a car from a private seller straightforward?

Yes. We try to make the process quick & fast.

AFS has developed a tailored process for customer's who choose to finance a car purchased from a private seller which is designed to streamline and fast track the approval process but also protect you from buying a car from a dodgy seller.

AFS offers a secured car loan on private car sales where we require some information from the seller and details about the car you are buying in order to approve the loan.

In general, we will request that you provide us a copy of the current registration certificate for the vehicle, the current owner's drivers licence, their banking details, and a simple private sale invoice which helps protect both parties.

If the car is currently under finance, then you will also need to provide a copy of the financier pay-out letter. In this case, AFS will arrange to finalise the existing loan so that you don't have to chase the current owner later-on if they neglect to finalise the loan.

AFS may also require a vehicle inspection report by an accredited finance broker or vehicle inspection firm, which provides further protection for both you and AFS.

Is a car history report worth buying for a car bought from a private seller?

Yes. Requesting a car history report from an independent source such as Veda can make buying a used car safer.

With, you can receive PPSR and odometer information, written off/stolen checks and price comparisons.

The CarHistory report includes:

  • PPSR information (formerly REVs) – this outlines any finance owing on the vehicle from a previous owner
  • Vehicle details - background vehicle information
  • Written off status –whether the vehicle has been listed as a write-off or a repairable write-off
  • Stolen vehicle status – this contains stolen listings against the vehicle
  • Known odometer readings – to help you identify if the odometer may have been wound back
  • Current car valuation – to help you get the best price.

Many car dealers also use CarHistory reports, so look out for the green tick!

Visit for more information




Buying from a Private Seller? Choose from one of the following product:
Private Sale Car Loans
When you arrange your next deal on your dream set of wheels you can take comfort from the fact that, with AFS, you have a fixed rate for the life of the loan.

Private Sale Bike Loans
Looking for a finance provider that'll go the whole hog?
AFS is your ticket to ride.

Private Boat Loans
Don't miss the boat; with finance from AFS you'll be cruising. You've made your choice and now you've fallen for it hook, line and sinker. Now you need to tie up those loose ends. That's where we come in.

Private Sale Caravan Loans
Ready for the great outdoors? AFS can help you into a caravan, motorhome or camper trailer in no time.
Dealer, Auction, Private Sale
Shop where you like to get the best deal
More than Cars!
Finance also available for motorbikes, boats, PWC's, caravans & camper trailers
No Age Restriction
Vintage, Classic, Unique, Restored & Imported - AFS has no restriction on type or age of goods.
Fixed Interest Rate
A fix interest rate protects you against market fluctuations & you can budget with confidence.
Learn more about
AFS Interest Rates
Check out our Interest Rates for our fixed rate loans for either personal use or business use.
Learn more about
AFS Fees & Charges
Check out AFS' Interest Rates below for our fixed rate loans for either personal use or business use. Learn more about our loans.
To understand more about AFS' secured Personal Loans, review our 4 consumer products

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