I want to sell my car but I haven't finished paying it off yet. I don't want to trade it in for a new car, I just want to be free of the payments. I don't have the title, of course because the bank will hold it until I pay the car off. Any advice would be much appreciated.
2006-07-18 14:07:24 · 5 answers · asked by 1 1 in Cars & Transportation ➔ Buying & Selling
You agree to the sales price and details, tell the bank loan agnet what you are doing and have them have the title available.
You meet at the bank and do the sale, The seller has the money ( in the form the bank will take, certified check, cash?)
one check for the bank for thier balnace, and one check for you for the rest. the bank turns over the title when they get thier money.
If this is not possible contact the bank that is holding the loan and ask them how they would like to do it.
2006-07-18 14:15:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you want to sell the car all you have to do is find a buyer, get what you want for it and then you and the buyer have to go to your bank where you have the loan and you pay it off and the bank will tell you what to do from there.
2006-07-18 14:14:53 · answer #2 · answered by mister ss 7 · 0⤊ 0⤋
who's the lender ? The broker or a monetary agency ? What you're speaking approximately would be performed. You deliver the customer with you to the lender, use the purchasers money to repay the non-public loan and get the identify precise then that then you definitely at recent sign over to the customer. No assuming loans or something like that.
2016-10-08 01:55:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
As long as you sell it for MORE than you owe, and immediately go to the bank and pay it off.
2006-07-18 14:19:37 · answer #4 · answered by outoftouch 1 · 0⤊ 0⤋
Have someone take over the payments.
2006-07-18 14:11:30 · answer #5 · answered by RayDawg12 4 · 0⤊ 0⤋