Ruskeatakkinen miesoletettu ajaa autoa sateessa.

Hire purchase for car transactions between private individuals

Using hire purchase financing is a smooth way to buy a car from a private seller. Hire purchase is available for any bank's customers.

A smooth way to buy a car from a private person

Avoid unnecessary paperwork – with hire purchase, you can conveniently buy a car from a private seller. Handle the vehicle’s verification, documents, financing, registration and insurance in one go.

A professional will verify the vehicle

Neutral professionals will verify and photograph the vehicle and confirm its ownership.

Preliminary financing offer online

Apply online and you will receive a preliminary financing offer, either immediately or within two banking days. Hire purchase is available for any bank's customers.

Apply for financing

OP hire purchase financing is an effective financing option when buying from a private seller

When you choose hire purchase, the car is the guarantee for the financing, so you do not need separate collateral for the loan. OP retains ownership of the car until you have paid the final instalment – exactly the same as a hire purchase scheme from a car dealership. Each monthly repayment is of the same amount and includes interest at a fixed rate. To qualify for hire purchase financing, the purchased car may not be more than 14 years old. 

If the car is financed and owned by a finance company, our partner Autoraha can act as an intermediary in the transaction: Autoraha buys the car, pays off the original financing and sells the car to you. After submitting the financing application, you will receive more instructions on how the transaction proceeds.

 

How to buy a car from a private seller

  1.  
    Apply for a financing offer

    When you’ve found your car, you can apply for a preliminary financing decision.

  2.  
    Take the car for a test drive

    Arrange a test drive with the seller.

  3.  
    Vehicle verification and transaction conclusion

    A-Katsastus will verify the vehicle, take photographs and complete the sale.

Checklist for buying a car

Apply for financing

  •  When you have found your car, apply for a preliminary financing offer using the Car Buyer’s Assistant.

Take the car for a test drive

  •  Arrange a time with the seller to go for a test drive.
  •  When you take the car for a drive, check that it has a registration certificate.
  •  While you’re driving, turn off the radio and listen to the sound of the engine at various speeds.
  •  Test the brakes and gears to make sure they’re working properly.
  •  Check the indicators and go through all the electrical equipment.

Book an appointment at A-Katsastus

  •  Book an appointment to have the car verified and photographed at A-Katsastus at a time suitable for you and the seller. Book the inspection at a-katsastus.fi/varaa-aika. The appointment is made at an A-Katsastus or Ajovarma branch office. Select “OP Car Finance” from the list of options. You can have your car verified and photographed and the sale completed during the same visit. This will take about two hours.

Get ready for completing the sale

  •  Read the deed of sale before the transaction.
  •  When you go to the appointment to complete the sale, take a valid photo ID with you.
  •  Bring along your valid driving licence.
  •  Bring your online banking identifiers and be prepared to access your online banking to pay a deposit if this is required. You will also need the online banking identifiers to electronically sign the financing agreement.
  •  If the car is owned by a finance company, the transaction procedure differs from that described above. You will receive more instructions after submitting the financing application.
Apply for financing