Private Party Vehicle Sales

At FiCare, we're here to help you purchase you the car or truck you want. If that means buying a vehicle from a private seller, we've got you covered!  

 

How to Buy From a Private Seller:

 

1. Research 

Before agreeing to a price, research the vehicle's value with tools like Kelley Blue Book to ensure you're getting a good deal.

 

Visit KBB.com

 

2. Get Pre-Approved

Apply online in minutes and shop with confidence knowing how much you can spend, your rate, and estimated payments.

 

Apply Online

3. Buy Your Car

Both you and the seller will visit a FiCare branch to complete the sale, disburse payment, and transfer the title. 

 

Find a Branch

 

What You Need to Complete a Private Sale

If the car you're purchasing IS financed and the title is held by a local lender, please complete the following:

(If it is possible, the seller should request their financial institution send the title to a local branch.)

1. The credit union will then need this information from the seller to process the loan:

  • The name of institution where vehicle is financed
  • The institution's phone number
  • The name the account is listed under
  • The loan account number
  • A 10-day payoff
  • The payoff mailing address
  • A copy of the registration

2. When the title is in town, the buyer and the seller will come to FiCare and the loan will be disbursed as two checks - one to payoff the other lender and the rest to the seller.

3. The buyer and the seller will go to the other lender and give them the check in exchange for the title. The seller will sign off on the title.

4. The buyer will go to the DMV to register the vehicle in his/her name and record FiCare as lienholder using the following information:

FiCare Federal Credit Union

3001 W. Dr MLK Jr. Blvd.

Tampa, FL 33607

5. The buyer will return to FiCare with a copy of the lien receipt (registration).

6. Once FiCare has this verification, we will release the funds payable to the seller.

 

 

If the car you're purchasing IS financed and the title is NOT held by a local lender, please complete the following:

(When the title cannot be sent to a local branch.)

1. The credit union will then need this information from the seller to process the loan:

  • The name of institution where vehicle is financed
  • The institution's phone number
  • The name the account is listed under
  • The loan account number
  • A 10-day payoff
  • The payoff mailing address
  • A copy of the registration

2. The buyer will come to FiCare andt he loan will be disbursed as two checks - one to pay off the lender and the rest to the seller.  

3. The payoff check will be mailed to the seller's financial institution. That financial institution will mail the title to FiCare. Ficare will contact the member when we have the title.

4. The buyer and seller will go to the DMV to register the vehicle, pay the sales tax, and transfer fees, and record FiCare as lienholder using the following information:

FiCare Federal Credit Union

3001 W. Dr MLK Jr. Blvd.

Tampa, FL 33607

5. The buyer will return to FiCare with a copy of the lien receipt (registration).

6. Once FiCare has this verification, we will release the funds to the seller.

 

If the car you're purchasing is NOT financed, please complete the following:

1. The credit union will then need a front and back copy of the title to begin processing the loan. 

2. The buyer and the seller will come to FiCare when the loan is disbursed. The buyer will sign documents with the credit union. 

The seller will sign:

  • The Title
  • A Motor Vehicle Power of Attorney
  • A Bill of Sale

3. The buyer will go to the DMV to register the vehicle in his/her name and record FiCare as lienholder using the following information:

FiCare Federal Credit Union

3001 W. Dr MLK Jr. Blvd.

Tampa, FL 33607

4. The buyer will return to FiCare with a copy of the lien receipt (registration).

5. Once FiCare has this verification, we will release the funds to the seller.

 

 

NOTE: During this transaction, the title is still registered to the seller until the buyer goes to the DMV. The seller, as the owner, is still responsible for the vehicle. Whether or not the seller allows the buyer to take possession of the car prior to its registration is solely between the seller and the buyer.

 

 

 

 

FiCare's Auto Loan FeaturesMale nurse with cqr:

  • Extended terms up to 84-months available
  • We will beat any competitor’s rate for which you qualify2
  • Select your preferred due date, based on what works best for you
  • Make it easy on yourself; choose automatic monthly or bi-weekly payments
  • Convenient online loan payments

 

 

Questions About Private Party Vehicle Sales?

If you have any questions about purchasing a vehicle from a private seller, we're happy to help. Please stop by any of our convenient branch locations or call (813) 600-5920 to speak with a team member.  

 

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