2007-03-13 05:26:13 · 3 answers · asked by stormywthr64 2 in Cars & Transportation ➔ Buying & Selling
It's a 1996 Camaro
2007-03-13 05:26:41 · update #1
You can easily sell a car that you're still making payments on, and you must pay off the note that you owe on it. The bank (or credit union, etc.) where you have the loan will be able to assist you, since they have the actual title (pink slip) for the car. If you're selling the car to a private party, you will need the title to the car so the new owner can register the car. If you're selling it to a car dealership, they can handle this for you.
Contact the place where you have the loan to determine the pay-off for your loan, and notifiy them that you want to sell the car. Once you have the pay-off amount and their requirements for handing over the pink slip for the car to the new owner, you do the transaction, give the new owner a bill of sale, and pay off your debt, and invest the left-over money so you can make more money.
Easy. :-)
2007-03-13 05:38:27 · answer #1 · answered by Pete S 4 · 2⤊ 0⤋
You'll have to do it loacally. The buyer will need to meet you at your financial institution and get the title cleared. You won't be able to sell it online without a clear title.
2007-03-13 05:33:40 · answer #2 · answered by Anonymous · 1⤊ 0⤋
I can't say it any better than Pete S. above so I'll concede to him.
2007-03-13 06:16:43 · answer #3 · answered by pater47 5 · 1⤊ 0⤋