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AnswerPay off the lien holder and they wil sign a relase, putting the vehicle in the free and clear. It depends on the type of lien. Lender's lien or mechanics lien.autolienservice.com
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โˆ™ 2011-02-02 00:51:30
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Q: What do you do if you buy a car and it has a lien on it?
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Related questions

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.


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.


Can a dealership sell you a car with a lien on it?

The question should be. Should you ever buy a car with a lien on it. The answer is absolutely not, no, not if you are smart.


Who has a lien on your car?

If you took out a loan from the bank to buy your car, they have a lien on it. For all intents and purposes, they own the car until you have it paid off.


What if the car has lien on it and you want to buy it?

Lien must be satisfied somehow so title can be transferred.


If you buy a car with a lien on it will the lien come off?

NO! BANK LIEN-PAY IT OFF. MECHANICS LIEN-PAY IT OFF. autolienservice.com


does my car have a lien?

does my car have a lien?


What happens if i buy a car with a lien title from the owner?

A lien title means that the car has a loan against it. If you do not have a "clear" or non lien title, the lender who hold the clear title can and does have the right to get the balance of the loan from you. The purpose of the lien title is to enable the car buyer to get the legal requirement for driving the car from the state. It's like renting the car in essence; the lien title is almost like the lease agreement for an apartment.So if a lien title is all there is...don't buy the car. It's not his to sell.Somebody has to settle the lien before you can legally own or register the vehicle.


Can you buy a car if lien on car?

Yes but make sure YOU pay the lien off and don't just pay the seller and hope they will pay it off.


Can you buy a new car if you have a lien in your name on another car?

Yes. This happens all the time. If you have a car you're still making payments on (and which will therefore have a lien on it), and you want to buy a new car, as long as your credit is good and you can afford the new payments as well you shouldn't have a problem.


IS THERE A LIEN ON IT?

is there a lien on this car


How does a lien work?

A lien means that someone can seize your property if you do not pay them what you agreed to pay. When banks lend money to buy cars, for instance, they get a "lien" on the car so that the owner cannot sell the car without paying them back.


Can you file a lien on own car to prevent another from filing a lien on your car?

You cannot file a lien on your own car to prevent another from filing a lien on your car. If you owe someone money they may be able to put a lien on your car so that they are paid in full.


Should you be worried to buy a car from a dealership when a carfax report says there is a lien on the car?

Walk away from this deal.


How do I get the release of lien for a car that is paid off?

Contact the lender who had the lien on the car and ask them for a lien release.


What is a Lien Fee for on Impounded Car?

what is a lien fee when your car is inpound


How can i get a lien off a car?

Pay off the loan and then request a lien release from the lender who held the lien on the car.


If you buy a car and there is a lien on it but the car lot goes out of business how do you get the lien off of it?

Contact the entity that loaned you the money to buy the car, be it a bank, loan company, etc. If the selling dealer personally loaned you the money then you need to speak to your local DMV and see what you need to do if you cannot contact the seller.


If you buy a car and the car has oustanding loan from the previous owner?

Never, ever buy a car with an outstanding loan. In fact you cannot transfer the title with a lien on it. Walk away from this deal. It is nothing but trouble.


How do you fill out lien release form for a car?

You don't. The only one who can fill out a lien relese is the lien holder. As the owner of the car you are not the lien holder. Take the title to whomever holds the lien and they will release it.


Do I inherit a debt if the car I bought had a lien on it?

It is illegal to sell a car with a lien on it. If it has a lien you will not be able to register the car in your name. The loan must be paid off and the lien released before you can actually own the car. You may have just got scammed.


What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?

you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.


What is the limitation on a car with a lien on it before you can get the title?

If the car has a lien, you usually have to pay off the lien before you can get a clear title. Otherwise, in this state you have the name of the lien holder on the title.


Can a New York city marshal repose a car that has bank as the lien holder?

yes they can and they do , they actually sell these cars in an auction if they are never picked up. they only state the car has a lien before the car is sold... people that usually buy these cars get them reposesed by the banks. so is a waste of money, to buy any of these vehicles...


What does it mean if there are two liens on the title of a car you buy?

It could mean that money is owed on the car and you could lose it if the person defaults. Or it could mean that there is a mistake and the lienholders neglected to discharge the lien. Whatever the case is, don't buy a car that has any liens on it. If you already bought it, contact the lienholder to see if the lien can be discharged.