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How to purchase a car that has a lien on it?

Updated: 8/16/2019
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12y ago

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Pay off the lien or have the current owner pay it off. In some states you must wait for the title from the finance company in order to properly register and insure the vehicle.

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12y ago
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Q: How to purchase a car that has a lien on it?
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Related questions

Can bankruptcy lawyer have lien removed from car?

If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.


Lien holder on your vehicle?

The lien holder is the person or firm, you borrowed the money from to purchase the car.


How can you get a title to a car that was charged off?

You contact the lender who has a lien on it and purchase it from them.


Who is the lien holder of your car?

The lender who loaned you the money to purchase the car and to whom you make the payments.


If a cars title status says lien is it ok to purchase the car?

If the car has a lien on it, that means someone else has legal right to the vehicle probably for the balance of a car loan or due to non-payment of the car loan. If you purchase the car from its owner then you will be responsible for paying the lien or the vehicle may be repossessed by the lender or seized to pay the debt. You would need to obtain a valid release of the lien and follow the appropriate steps to have the lien released if you want to acquire a clear title.


If you purchase a car for someone then they refuse to enter a lien release agreement what are your options if they fail to pay?

best time to think of this is BEFORE the car is purchased and before they drive away. Get a lien on the car somehow. get a key made to it after you get the lien on it. Email me if its not to late and they have the car already.


How long does a lien stay on the car?

Until such time as all debts incurred for the purchase of the car are paid off


does my car have a lien?

does my car have a lien?


How do you transfer a car title with a lien?

You can only transfer a car title with a lien if the leinholder agrees to the transfer. The usual way is to pay off the loan as part of the purchase or transfer transaction, using part of the sales price for that and thus removing the lien.


IS THERE A LIEN ON IT?

is there a lien on this car


Do i still have to pay the lien even if i don't want the car?

If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.If you borrowed money to purchase a car then you are required to pay it back.


Is there a lien against a car that I am going to buy?

If you are buying a car on payments then there will be a lien on the car. the company will release the lien once the car is paid off.