Private Party Auto Loans

Used Car Loans for Private Seller Purchases. PNC makes it easy to get the financing you need for the car you want.[1]

Check Current Auto Loan Rates*

Private Party Auto Loan Key Features

Apply in Branch

Apply for an auto loan by scheduling an appointment at a branch.[1]

Get 0.25% Off Your Rate

Interest rate discount comes with maintaining automated payment with a PNC checking account.[2]

Get Your Loan Check

You can pick it up at a PNC Bank Branch, or have it sent to your home.[1,3]

How it Works

View the private party auto loan process.

2

Apply

Apply for a private party auto loan at a branch.[1]

3

Buy A Car

Close at a PNC branch and receive your check that same day. Or, have the documents sent to your home; then once you return your signed documents, receive your check in the mail.[1,3]


Reminder: Important Title Information

Reminder: You will be responsible for transferring the vehicle’s title to your name and placing PNC’s lien on the title.

Steps when transferring ownership of title: 

  1. You need to be listed as a registered owner on the vehicle title.
  2. Have PNC Bank be listed as lienholder on the title.

How To Apply for a Private Party Auto Loan

Find a Branch Near You:

The essentials:

  • The dollar amount that you would like to borrow
  • One form of photo ID (driver's license, state-issued ID or U.S. passport)
  • Current address and previous, if less than two years
  • Current employer and previous, if less than two years
  • Previous address, if at current address less than two years
  • Previous employer, if with current employer less than two years
  • Your annual income and any other income to be considered

If you are applying with a co-applicant, you will need their:

  • Current address and previous, if less than two years
  • Current employer and previous, if less than two years
  • Annual income and any other income to be considered

If you are purchasing a vehicle from a private seller you will need:

  • Vehicle selling price, year, make and model
  • Vehicle trade in value, year, make and model
  • Down payment, if any
  • VIN number of vehicle to be purchased

If there is a current loan on the vehicle:

  • The seller will need to attend the closing to sign the paperwork for PNC to pay off their prior lender

Prior to Applying for the Auto Loan:

You will need to obtain the actual purchase price of the vehicle.  At that point, you may want to contact your state Department of Motor Vehicle or comparable agency for additional information around where to go to complete the title transfer, fees, and taxes, and additional information required by your state to complete the title transfer. You are responsible for paying these expenses. You may want to consider including these fees and/or taxes into the requested loan amount.

Upon closing the auto loan, responsibility falls on you and the seller to make the changes to the title. Title could be sent to PNC Bank from prior lienholder. If that happens, you will be contacted by a representative from PNC Bank. They will send the title and all paperwork from prior lienholder to you to get the transfer completed. Additionally, all fees and taxes incurred during this transaction is your responsibility to pay. PNC Bank is not responsible to pay or reimburse you for those fees or taxes. 

Additional items may be required: Clean Title, State Department of Motor Vehicle form, Odometer Reading, Proof of Insurance, Notarized Bill of Sale, Copy of Driver's License, Power of Attorney Form, etc. Each state's requirements may differ, recommend contacting your state Department of Motor Vehicle for what is required.

Steps when transferring ownership of title: 

  1. You need to be listed as a registered owner on the vehicle title.
  2. Have PNC Bank be listed as lienholder on the title.

More information about private vehicle title loans

The SCRA provides financial relief and protections to eligible servicemembers and their dependents. PNC is grateful for your service and we would like to help you understand your benefits and protections under SCRA as well as other similar benefits that PNC may be able to provide to you.

To find out more, please contact us at:

Phone: 844-PNC-SCRA (844-762-7272)

Fax: 855-568-4532

Email: Servicemembers@pnc.com

PNC Bank
Servicemembers Operations Center, BR-YB58-01-U
PO Box 5570
Cleveland, OH 44101-0570

Monthly Payment Estimate Calculator

The tools and calculators provided are for educational and illustrative purposes only. The accuracy of the calculations and their applicability to your circumstances are not guaranteed. Please consult your financial, tax or legal advisor regarding your unique situation.

Insights

Utilize PNC's Insights articles to help you make an informed auto-buying decision.

How to Buy a Used Car

Shopping for a used car can be an overwhelming experience. Make sure you're well prepared for every step of the process with this detailed guide from PNC

5 min read

Should I Buy a New or Used Car?

There are many important factors to consider when deciding whether to buy a new or used car. Read more about the pros and cons of each car buying option.

4 min read

When is the Best Time to Buy a Car in 2024?

Timing can be an important factor in the car buying process. See when you might have the best chance to get a good deal and learn how timing can impact your decision making.

7 min read