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Yes, However, at the time of the sale if you do not sell it for atleast the amount owed, you must pay the difference(ASAP). I don't know what state your in, but in Texas you must present the title to the buyer within 21 days.

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Q: Is it legal to sell a car if you still owe money on it?
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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.


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.


What kind of sports car is illegal in ny?

Any sports car that is not legal to sell in the U.S. is not legal in New York. Any sports car that is legal to sell in the U.S. is legal in New York.


Can you sell your car before it gets repoed?

Even if you could you would still owe the bank the money they paid for the car.


How do i sell a wrecked car i still owe money on?

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.


How do you sell a car without the pink slip when still owing money on the car?

You can't sell it. You don't own it. The bank or loan company owns the car. You need their permission to sell the car and transfer title.


How can you sell a car with no title and get money for it?

If you are the legal owner of a car, have it register, and have simply lost the title, you can apply for a replacement through your state DMV. If you are the legal owner of a car but do not have a title for it, you can sell the car with a bill of sale and the next owner can attempt to a quire a title for it. You will have difficulty selling the car for anything like it's actual value. If you are still paying for the car, and as such haven't gotten the title yet, you can not sell the car as you do not own it, the bank does. Selling a car you are still paying for is fraud as you are selling something that doesn't belong to you. If you do not own the car, but are trying to sell it this is also fraud as you are selling somethign that doesn't belong to you. if u own the car straight out & just trying 2 sell it - all u have to do is go to the department of lic. with the BUYER & sign a "release of interest" form, it has to be notorized so both u & the buyer have to sign it with a notary present - its easy !!!


What steps need to be taken to legally sell my car?

You will need to sell your car and then do a legal transfer of the title.


Can you sell a car to your daughter for 1?

Yes, you can sell a car to your daughter for $1 in many places. You may still have to pay taxes on the amount of the car's worth. It is best to check your local regulations in order to avoid potential legal issues.


Your ex-wife signed your signature on a car title that was in both your names She was awarded the car in your divorce Is it legal for her to sign your name and sell it to a third party?

No...it is not legal for anyone to sign your name to a legal document or a check it is still forgery and can be a federal offence


Is it legal to sell a car for one dollar?

Of course it is you can sell it as much as you like