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.
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.
Sell it privately for what you owe on it.
No its perfectly legal and if you are still making payments on it, that increases values.
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.
Even if you could you would still owe the bank the money they paid for the car.
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.
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.
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.
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
So here is an example of what can happen when a creditor repossess an item. "If an item such as a car or furniture is repossessed, the creditor can then sell it. The money from selling the item is applied toward the money you owe. The creditor can still try to get any money you owe after the sale of the item. The terms of your contract might even add charges for the costs of repossession and sale."
You will need to sell your car and then do a legal transfer of the title.
You may sell your car for money at any used car dealing store. You may also try selling or trading the car at car trading stores.
No, they cannot. But if you borrowed money to buy the car, they can repossess it if you do not square things up. If they take it, they can sell it for you, and you will still owe the difference between what it sold for and what you had left to pay on it.
If the car is in your spouses name then yes, they can sell the car if they own it. If it is in joint name or it is your car then it is illegal to sell the car.
Any sports car that is not legal to sell in the U.S. is not legal in New York.
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 !!!
Of course it is you can sell it as much as you like
If you want to sell your old and damage car, then I will highly recommend you to visit Green Box Vehicle Recycling, they deals all kind of old, damage and scrap cars.
You cant. The loan in your name must be paid off by you. So if you plan to make any money off your car you will want to sell it for more then what is still owed.
I wouldn't think so. If the car was totaled, then the insurance company gives you the money and tows the car. Basically, they purchased it. If you were given money to fix the car, and the the car they give you the money to fix is no longer around, then why would you get money to fix a car that's not yours anymore? Medical should still be covered though.
Yes, if the lender approves of the transfer of the loan.
Yes, though you have to pay off the loan before or as part of the process.
It is legal, but you must disclose that the odometer is not accurate.
== == Regardless of your employment situation, you still OWE for the car after it is repoed. The lender can sell it, to get some money out of it, BUT if the sale brings less money that YOU owe, they can still go after the balance that YOU owe, by attaching a court order for some of YOUR wages until the debt is PAID OFF. The reason I used capital letters above is to underline that it is YOU who have to take responsibility for YOUR actions, such as signing for a car loan.
you could face penaltys and or jail time because the car is not yours until you pay it off in full and there is no lein on it