A person-to-person car loan, or buying from an individual auto loan, is financing for a car that you want to purchase directly from a another person and not a dealership.
Normally to qualify for a person-to-person loan you must have good credit history and income. Please review the minimum requirements below:
Amount: $7,500-$75,000
Repayment term: 1-6 years
Model year: 2003 or newer
Mileage: 80,000 miles or less
Income: $2,000 minimum monthly gross income
Credit requirement: above 600 FICO
No bankruptcy, repossessions, or judgments/liens in past 3 years