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You should be sure to get at least what you owe on it. When the buyer pays you, send the payment to the bank, wait for the title, sign it over to the buyer and give him the keys.
When you receive money, be sure to sign a bill of sale (date, vin #, both names, and agreement to sell the car).
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∙ 12y ago
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Can you register a financed car?
You can, should, and are legally required to register a financed car.
Car broken and needs repairs and it is financed?
car is broken and needs major repairs but is still financed how do pay for the repairs
Average amount financed for new car?
What is the average amount financed in an auto loan
What percentage of new car purchases are financed?
73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html
Do you need insurance on a financed car in NJ?
You ALWAYS need insurance on a financed car, and it has to be full coverage. Doesn't matter what state you're in.
Can a car be financed in my name but registered in someone else's name?
I think you could only do something like that as a cosigner, because the loan originator will put a lien on the title that will have to be settled before the car can be sold or transferred.
How do you sell a personal financed car?
repossession
A financed car that's not drivable?
That's a statement, not a question. What are you asking about the car?
If your car is financed through a dealer do you have to have full coverage insurance?
I believe it depends on the state, but as far as I know, if you have to have full coverage on a financed car, it doesn't matter where it's financed. If you still have questions, ask your insurance person, they'll know the answer.
What is a financed car?
A "financed" car is one that is purchased with money that is loaned to you. You then make monthly payments at a certain rate and percentage for a certain number of years and months. The car is owned outright by the one who lent the money.
Can you get a title loan on a financed car?
Legally, NO !!! can you, sure!! LOL
Can you get insurance money instead of repair?
If the car is not financed-Yes
