Secured car loan for Private Sales

Buying a Car Privately? Here’s How to Do It Safely

Buying a car privately can be a great way to secure a better deal—but without the right checks, it can also expose you to serious risks.

At iLoans, we make sure your private vehicle purchase is safe, compliant, and fully verified before any funds are released.

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The Risks of Buying Privately

When buying from a private seller, you could unknowingly purchase a vehicle that is:

• Stolen

• Written off

• Still under finance

• Misrepresented or part of a scam

These risks can leave you out of pocket or without a vehicle, which is why proper due diligence is critical.

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How Secured Car Loans Work

A secured car loan uses the vehicle as security for the loan. Because of this, lenders require strict checks to ensure:

• The vehicle is legitimate

• There is no money owing

• It has not been written off or reported stolen

• The transaction is safe and compliant

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What We Check for You

At iLoans, we handle the entire process and complete all required checks on your behalf:

PPSR Check
We confirm the vehicle is not stolen, written off, or under finance.

Registration Papers
We ensure the vehicle details and ownership match correctly.

Roadworthy Certificate (RWC)
We verify the vehicle meets required safety standards.

Vendor Identification
We confirm the seller is legitimate and matches the registration.

Payout Letter (if applicable)
If finance is owing, we arrange payout directly to the lender to clear the debt.

Bank Account Verification
We verify the seller’s bank details to ensure funds are paid securely.

Invoice / Sale Agreement
We ensure all sale details are properly documented and compliant.

Vehicle Inspection
Where required, we arrange checks to confirm condition and value.

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How the Process Works

We make private car purchases simple and stress-free:

1. Pre-approval of your loan

2. Vehicle verification and document collection

3. Full compliance and safety checks

4. Secure settlement with verified payment

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Why Use iLoans?

Buying privately without the right support can be risky. With iLoans:

• We deal directly with the seller

• We manage all checks and compliance

• We protect your funds and your purchase

You get peace of mind knowing everything has been handled properly from start to finish.

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Need More Information?

If you have any questions or want to get started, contact:

Emma – iLoans
📞 0404 303 316
🌐 iloans.com.au