Yes, KeySavvy works with most local banks or credit unions. Because KeySavvy is a licensed dealer, we're able to work with lenders that don't normally finance private party sales.
Before you shop for your car, we recommend you get pre-approval from your bank or credit union so you know how much you can borrow. Let your bank know that you're buying from an independent car dealer, since some banks don't offer loans on regular private party sales. Note that if your seller has a loan, most lenders won't allow you to finance your purchase.
When you and the seller agree on a price, you'll download a Purchase Order that you take to your bank. If approved, your bank will issue a check made out to KeySavvy, Inc. or send us a wire transfer for the amount financed. We do not accept "pre-approval" checks from lenders. After we verify the check and your down payment, you pick up your car, and we pay the seller and take care of the paperwork.
Our recommended lenders
We recommend Tenet (if buying an EV), Navy Federal, USAA, or PenFed. We've had many customers finance their KeySavvy purchase with these lenders.