0
No, but you must first secure the permission of the agency that holds the official title for that vehicle. They are the ones that "own" it ... you do not own the car until your debt has been settled with the lending agency, therefore, it is not "yours" to sell.
What usually happens is that the prospective buyer will have to secure their own financing in order to purchase the car from the title holder. If paying cash, they will pay the lending institution, not you.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Is it illegal to sell a car on finance and stop paying for it?
Yes
Is it illegal to sell a car on finance to pay off finance?
I believe in certain states yes due to the fact that you don't own the car, the bank or lean holder does.
Is it illegal to sell drinks out of your car?
no it is not illegal to sell drinks out of your car
Is it illegal to sell a car when your still making payments on finance?
No its perfectly legal and if you are still making payments on it, that increases values.
Is it leagal to sell car finance to a 19 year old in England?
is it legal to sell car finance to a 19 year old with out a guarantor in England
Is it illegal to sell a car with a cracked windshield in Illinois?
No, it is not illegal to sell a car with a cracked windshield in the state of Illinois. However, it is illegal to drive a car with a cracked windshield in almost any state.
Is it illegal for a dealer to sell a car without a catyalitic converter?
Yes it is illegal for a dealer to sell such a car. Contact your state Attorney General if you bought such a car.
What is illegal when selling a car?
While selling a vehicle in the UK, always have your V5C logbook with you. Don't sell your car having outstanding fiance without intimating the buyer. If your vehicle has any mileage discrepancy. It is unlawful to sell it in the UK.
How used car dealer finance their car?
They making some buy and sell stuffs.
Is it illegal to for a dealer to sell a car with really bad illegal tires in Florida?
NO
Is it illegal to for a dealer to sell a car with really bad illegal tires in OK?
no!
Is it illegal to sell car with rusted frame and not tell buyer?
No it is not illegal. It is recommended that you inspect a car before you buy.
