will not finance used cars that are 4 or 5 years old. It's the reason why trading your 4 or 5 year-old car at a car dealer will usually yield you nothing much for that car because dealerships won't be able to get auto financing loan for that car. It's much better for you to sell that car first to an individual buyer, then use the money as down payment for a new car at a dealer. Cars lose much of its value during the first 2 or 3 years and that's true for all makes and models.
If you have good credit, another lender that provides car loan online is
Up2Drive. They will provide you with drive check™ which is similar to a personal check. You can negotiate the sale price of a vehicle as if you had cash on hand.
With Up2Drive you simply fill out an easy credit application. If approved, you’ll receive the up2drive private party auto loan packet with the drive check. You can immediately shop for a vehicle. When you’ve found one you like, follow the instructions in the loan packet, meet with the seller, and purchase the vehicle with your drive check.
There are several restrictions in what kinds of vehicles can you can purchase with up2drive private party auto loan check. The seller of the vehicle must be a private individual (not a dealership), mileage cannot exceed 75,000 miles, no commercial vehicles and/or vehicles for business use and a few more restrictions.