Applicant Eligibility
- Indian resident (salaried or self-employed)
- Age and income as per lender policy
- Satisfactory credit profile, as applicable
- Repayment capacity as per loan terms
Used Car Loan Repurchase
Get financing to buy a pre-owned car with guidance through the ownership transfer and loan application process.
Enquire NowWhat Is a Used Car
Repurchase Loan?
A used car repurchase loan helps you finance the purchase of a pre-owned car and supports the ownership transfer from the current owner to you, subject to lender approval.
Existing Owner(Seller)
Vehicle Purchase(Ownership Transfer)
New Buyer with Financing(You)
Why Choose
PFSPL?
Financing Guidance
Explore financing options for your used car purchase.
Documentation Assistance
Guidance with vehicle and loan-related documentation.
Lending Partner Options
Explore available options from lending partners.
Transparent Process
Clear guidance through the application process.
Required Documents
- Vehicle Registration Certificate (RC)
- Seller details and ownership documents
- Income proof (salary slips / ITR, etc.)
- Identity and address proof
- Other lender-required documents
How the Repurchase Loan Process Works?
01Share Vehicle
Details
Details
02Check Financing
Options
Options
03Documentation
& Verification
& Verification
04Lender
Approval
Approval
Repurchase FAQs
Quick answers to common questions.
Can I get a loan to buy any used car?
Financing depends on the vehicle's age, condition, valuation and lender eligibility criteria.
Is the ownership transfer part of the loan process?
Ownership-transfer documentation may be required as part of the purchase and financing process. Applicable steps depend on the transaction and lender.
What are the charges for a repurchase loan?
Interest rates, processing fees and other charges vary by lender, vehicle and applicant profile.