0
If you sell it for enough money to pay it off and pay it off with that money, you probably can. However if you don't pay it off the lender probably still has the right to repossess it and void the sale, because it did not have a "clear title" when you sold it and the buyer should have known that by reading the title.
I for one would never buy a used car from a private seller that did not have a "clear title" showing that he indeed owned the car without outstanding loan debt on it.
Another option would be to sell it to a car dealer. They will find out from your lender what you owe, reduce the amount they offer you by that amount (if this makes the offer negative they will not buy the car), and then pay off the loan to clear the title so that they can sell it. You are very unlikely to get much this way and they are likely to refuse to buy your car if they find it won't be profitable for them.
Wiki User
∙ 7y ago
Add your answer:
Earn +20 pts
Your car engine has seized through not being used can it be fixed if yes how?
If it has seized up it will need overhauled or replaced.
Can the owner of a seized car hire a lawyer to retrieve the car that was seized due to someone else being caught with drugs in the car?
Yes, I would like to think so since you were not the one with the drugs and was unaware that anyone had drugs in your car.
What is the difference between a car being seized or impounded?
inpounded you can get back for a fee, seized you cant get back unless the agencie that took it gives it back
How do you sell someone a car?
There are many ways you could sell a car. ive sold mine on pistonheads.com, you could however take your car to a garage and sell it there, but avoid that as they will always rip you off
How do you sell your car with you being the leinholder?
How can you be the lien-holder of your own car.
1996 ply neon will a bad blower snap the fuse?
Yes!! it will snap a fuse...if the blower is seized up or shorted out, it will blow the fuse to avoid damaging your car!!
What do you do when the oil is out and car stops?
If the engine has seized, you are facing major repair bills - or getting a new engine. You should have been checking your oil level frequently to avoid this.
How do toucans avoid being eaten?
They can Fly as fast as a sports car
What is the difference between having your car impounded or having it seized?
when a car is impounded you can get it back, by showing paperwork and paying some fees. when your car is seized, its gone, you can't have it.
Are you liable for fees once police auction off your car?
It depends on how much they get for the vehicle. If it is a low value car it will be crushed but you are still liable for the fees incurred. If the car is in good condition then the car will be auctioned off and the fees paid from that. However you do not receive the balance of the proceeds. There are lots of auction houses which are contracted to sell motors on behalf of police authorities with hundreds being sold throughout the country each week. Two of the biggest car auctioneers are Mannheim and British Car Auctions, and there are several hundred that sell seized cars.
If two people are on a title of car and one of them has a threat of it being seized can it actually be taken?
If were talking Repo then yes and if they want it the'll get it.
What to do when you sell a car with the title being in pawn?
If you sell a car with a lien on it, which is a title pawn. You must pay the lien off before the car is clear and you can get the title back.
