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As long as you sell it for enough to pay the balance on the loan off there is no problem. Just contact the lender and find out what the payoff on the loan is, and you will know how much money you must come up with after the sale. You may also work something out with the new buyer taking over the payments and paying you the difference in value and balance on the note. Or you may have to pay the buyer an amount if you are upside down on the loan, in other words the car is not worth what you owe on it.
What else can I help you with?
Can you sell your car if you still have finance owing on it?
i doubt it No, you must pay it off and get the title first
What can you do with a car that is broken down and still has payments owing?
You can pay it off and sell it, or you can get it fixed, or you can just let it sit there and keep making payments on a car you can't use.
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.
Can you still sell a vehicle if the buyer and seller both signed the title without it being on the road?
yes
How much can a vehicle be sold for once a lien has been secured?
If you have a lien on your vehicle, you can sell it for any amount. The vehicle is still subject to the lien which means that the purchaser can lose the vehicle if the lien holder collects on it.
How do you sell a vehicle that is still being financed?
Yes, you can sell a vehicle that is still being financed. You will need to pay the loan company the balance of the loan with the sale proceeds in order to give the buyer a clear title. If you have to sell the car for less than you owe, you will be responsible for paying the balance out of your own pocket in order to transact a legal sale.
Can a person sell their property while still owing money to the lender?
Yes. Normally you need to pay off the full balance at the time of closing. There are cases where the lender may accept less than you owe. If you feel like this is a situation you are in... Talk to a local Real Estate Agent about helping you with a "Short Sale".
Do they still sell cube world?
no but you may find them every once in a while
Can you sell your home while on medicaid?
Medicare isn't like welfare. You can sell your home, move to an apartment and still have medicare.
Can shop put lien on car if im still payin on it?
In most states a shop can put a mechanic's lien on the vehicle whether you are still paying the note or not. This means that you cannot sell the vehicle until you clear the lien.
How can I sell a vehicle in Texas that has a mechanic's lien?
Either pay off the lien and then sell the vehicle, or sell the vehicle and use the money to pay off the lien.
