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.Buy a car from a private person smoothly and safely
Autoraha is our reliable cooperation partner in car deals between private persons. Autoraha handles agreement preparation, registration and money transfers for you.
Get a preliminary financing offer immediately online
Identify yourself in OP's service for car buyers (Auton ostajan apuri) and quickly get a preliminary financing offer – with no commitment.
Works for any bank's customers – also for a hire purchase car
You can apply for financing regardless of your bank. A hire purchase car is also acceptable because Autoraha ensures a smooth change of ownership.
OP's hire purchase can also be used in transactions between private persons
In hire purchase, the car serves as loan collateral, which means you do not need separate collateral for financing. OP retains ownership of the car until you have paid the final instalment – exactly the same as when buying a car from a car dealership. The hire purchase scheme has a fixed interest rate and equal monthly instalments, which helps plan finances. A hire purchase car is usually no older than 14 years.
In car sales between private persons, our cooperation partner Autoraha (Suomen Autorahasto Oy) acts as the intermediary. They buy the car from the seller and then sell it to you using OP's hire purchase scheme. Autoraha handles agreement preparation, registration and money transfers for you. You will receive further instructions directly from Autoraha after submitting the financing application.
How to buy a car from a private seller
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Apply for a financing offer
When you have found a suitable car, apply for a preliminary financing decision using OP's service for car buyers (Auton ostajan apuri). Indicate that you are buying a car from a private seller, enter the registration number and continue to the application by selecting Hae rahoitusta (Apply for financing).
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Contact by Autoraha
After a positive financing decision, Autoraha checks the car's details and contacts you personally. You will receive further instructions directly from Autoraha.
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Transaction and agreements
Autoraha assists you in the transaction. When all the parties are ready to proceed, Autoraha buys the car from the seller and sells it to you using OP's hire purchase scheme. Autoraha takes care of the contracts, hire purchase preparations, registration and money transfers.
Vehicle authentication and test drive
When the seller identifies themselves as instructed by Autoraha, the vehicle is authenticated at the same time. This means inspecting the vehicle identification number and ensuring that the vehicle corresponds to the information provided.
A test drive is not a mandatory part of the process but it is a recommended way to check the vehicle's condition before the purchase. You can agree a test drive with the seller.