2007-02-16 08:42:14 · 5 answers · asked by poaPKPJ A 1 in Cars & Transportation ➔ Insurance & Registration
It means the person owns the car and doesnt owe the bank any money. If there is a loan on a car the bank has the title, and you can not transfer title until the bank gets its money. This way you dont have to deal with any banks.
2007-02-16 08:45:09 · answer #1 · answered by Shmesh 3 · 0⤊ 0⤋
That means that you paid off your car and you have no more car-payments left.
"Title In Hand" means that when you finish payint it off, the bank will mail you the Title to the car and it's in your hands because you own the car now.
2007-02-16 16:55:54 · answer #2 · answered by rob1963man 5 · 1⤊ 0⤋
It means there is no lean and a person owns it without a loan. They have the title with them and won't have to wait to receive it from a bank.
2007-02-16 16:46:06 · answer #3 · answered by whit g 3 · 0⤊ 0⤋
It means that there is no financing involved. You own the car, and it has a clear title...in your name.
2007-02-16 16:45:32 · answer #4 · answered by Anonymous · 0⤊ 0⤋
it means it's yours, there is no lien against it.
2007-02-16 16:45:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋