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You want to sell your financed car; but how does the transferring of the title work?
Wiki User
∙ 18y ago
Contact your lender.
Wiki User
∙ 18y ago
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Can I legally sell my car before I have paid for it?
No you can not. I would assume that whoever you have it financed through still has the title. You cannot sell the vehicle until the title is in your name. The person that you are selling it to may pay you what you want and then take over the payments if your financial institution allows it.
You have a 1947 Chevy truck do you need a title to sell it?
Yes, you typically need a title to sell a vehicle, including a 1947 Chevy truck. The title serves as legal proof of ownership and is required for transferring ownership to the new buyer. If you don't have the title, you may need to obtain a duplicate title from the relevant DMV office before selling the truck.
Can you sell a cr without the title?
no you may not sell a car without a title if you want to sell a car you need a title
Is it illegal to scrap a financed car the dealership did not want?
I'm not sure what the "dealership did not want" has to do with it but it is always illegal to sell anything that is financed. This is called "Selling of mortgaged property" and I believe is a felony
You want to sign the title of your financed car over to your brother but how does the transferring of payments work?
Firstly, you cannot 'sign the title' over to anyone if you do not own the car free and clear. The lending institution has the original ownership title and you must have their permission to sell, as you are not the legal owner. As is usually the case in matters like this, the lending agency may require that the new owner refinance the loan. Check all the fine print in the original contract - sometimes it allows for the new buyer to assume the loan, and other times not.
Can a credit union keep my car title due to my filing bankruptcy on a credit card I had with them also?
You financed the car through the credit union, huh? I can't think of any other reason why they would have the title. They will probably repossess the car. They want to sell the car to get back some of the money you owe.
I will not be able to afford my car note and want to sell it but i don't have the title what can i do?
The only way you can sell the car is if you sell it for enough money to pay the bank off to get the title to the new owner. If you sell it and keep the money that is a crime.
Can you sell a mobile home that is on your property?
Yes. Most mobile homes and manufactured homes carry a title just like the title to a vehicle. If the mobile home is on your property and you want to sell it, contact your state government and request a title for the mobile home. After acquiring the title in your name you are free to do with it what you want.
Is the sell of a car legal without a title and just a bill of sell?
You can sell a vehicle to a salvage yard for parts with a bill of sale if they don't intend to resell the vehicle, but if you sell it to an individual, and they want to register the vehicle, they will need a title.
Can a title be transfeered if the seller has lost the title?
You must have a title to sell a vehicle if the new owner plans to title the vehicle. If you are selling the car for "parts only", and not planning to put the car back on the road, then you can sell it with a bill of sale only. If they want to title the vehicle, you need to go to your local DMV and apply for a lost/stolen title. Once you get the duplicate title, then you can sell the vehicle.
What can you do if you cosigned on a car title and you want to sell the car?
You cannot sell the car as you do not own it. The only thing you can do is try and persuade the owner to sell the car.
Can you sell a motorcycle you own but you never registered in your name if you have the title?
Yes you can. You paid for it and never legally rode it, therefore you never registered it. Now you want to sell it and can, as long as you have the clear title.
