0
You cannot sell a car you have a loan on if the lender has a lien on the vehicle. You will need permission from the lien holder to sell the car. If the lender has no lien on the vehicle then you can sell it if you wish. The title will list any lien holder.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What do you do if the finance company has put repossession on your car due to non-payment and you wrecked your car and you had no insurance coverage?
The finance company will sell the wrecked car and you will be liable for the balance on yourloan less whatever the car sells for which in your case will be almost the total of your outstanding loan.Then they will come after you for the money.
Would a used car dealership sell you another used vehicle when the car you were recently buying from them was totaled in a car accident and you did not have insurance on the car?
So long as you don't still owe money on the first car, I expect they would. I believe if you paid off the wrecked car, they may sell you another. They may require you get insurance before it leaves the lot.
What are your options when you have totaled an uninsured car that you still owe A LOT of money on and you need a car to get to work still?
Make another loan-quick before the wrecked car loan goes bad.
How do you sell a upside down car?
If you mean you still owe money on the car you don't sell it unless you can take the money and pay off the loan. The bank really owns your car and the pink slip, so if you sell it without the loan getting paid you still owe the money to the bank.
How do you get rid of a car on which you still owe money?
Sell it privately for what you owe on it.
If a car is wrecked can you part it out and also sell the vin and title?
Sure you can part it out. I have no clue what you mean by sell the Vin and title. You can sell what is left of the car to a salvage yard, but the VIN # & Title stays with the car.
Can you sell your wrecked car to the salvage yard instead of fixing it under a claim?
if u have the title and its under ur name u can sell the car to any1.
If your insurance wont pay for your wrecked car what should you do with it?
Pay for it yourself and fix it or sell it to a junkyard, up to you.
has this car been wrecked before?
has this car been wrecked before
has this car ever been wrecked ?
has this car ever been wrecked
How do you sell a wrecked car?
Part it out ... find all the usable parts that still work and sell those and junk the rest. Sometimes people can donate to a worthy cause group and take it as a tax deduction off income tax.
Is a rebuilt wrecked car stronger after rebuilt than before?
No wrecked car is stronger than one not wrecked.
