Jul 12, 2016 ... If you need to sell a car that you still owe money on, you'll need to pay off the loan
during (or before) the sale to get a clear title.
The first step is to find out what you still owe on the car. You can do that by calling
the bank that holds the loan and simply asking what your payoff amount would ...
Dec 2, 2015 ... Selling your car privately seems like a simple venture. And it can be, but the
process will be complicated if you still have a loan on the car and ...
If you have a lien on your vehicle, you can still sell it, but the process will be more
... You must satisfy your loan first, and that's what selling it to the dealer will do.
Jul 6, 2015 ... A standard car loan uses the car as a safeguard, in case you can't make
repayments. This is known as a secured loan, where the vehicle itself ...
Selling a car yourself when you are still making payments can be tricky. ... you
cash, you will have to make a payment to clear the loan before the title is issued.
In practical terms, a car is a source of transportation, but when it comes to buying
a car, most ... Another good option is to sell your car and pay off the loan.
Feb 19, 2013 ... You can sell to a dealer or sell it in the private market. ... lien gets tricky if the loan
is upside down, meaning you owe more than the car is worth.
But sometimes, selling the car isn't so easy. What if you're “upside-down”—you
owe more on the loan than the car is worth? What does Dave suggest doing in ...
Sep 2, 2016 ... It's possible to sell a car even if you still have an outstanding loan ... If you owe
more on your loan than you can readily pay prior to a sale, ...