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To successfully sell a car with a loan in Florida, you need to first pay off the remaining loan balance to obtain the car's title. Once you have the title, you can transfer ownership to the buyer and pay off the loan using the sale proceeds. It's important to communicate with your lender throughout the process to ensure a smooth transaction.
What else can I help you with?
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
What if you sell the car and you have a title loan out on it?
That's illegal. Technically, if you 'borrow' money against your vehicle, the car becomes the property of the loan company until you've repaid the loan. If you sell the car before the loan is repaid, you're likely to land yourself in court !
How can I privately sell my car while still having an outstanding loan on it?
To privately sell a car with an outstanding loan, you can either pay off the loan before selling or work with the buyer to transfer the loan to their name. It's important to communicate with your lender and the buyer to ensure a smooth transaction.
How do I get the car loan out of my name when I sell it to some one?
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.
Can you sell your car what you have on finance?
Not if it is on hire purchace. If you bought it with a personal loan yes you can.
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Can you sell a car that has a loan attached?
Yes, you can sell a car with a loan attached. You must pay off the loan with the money you receive in order to have a clear title or you must get someone to take over your loan.
Can you sale the car without the loan cosigner's permission?
If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.
What if you sell the car and you have a title loan out on it?
That's illegal. Technically, if you 'borrow' money against your vehicle, the car becomes the property of the loan company until you've repaid the loan. If you sell the car before the loan is repaid, you're likely to land yourself in court !
Can you sell a car that has a title loan against it?
Yes i can
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.
Where can one apply for a car loan in Jacksonville Florida?
Car loans can be obtained from a number of sources in Jacksonville, Florida. Some places one can apply for a car loan in Jacksonville Florida include Drive Time, World Imports, and VyStar Credit Union.
What do you do if you can no longer pay a car loan in Texas?
Sell the car for the price of the loan. If you can't get that price out of it, then talk with the bank about your options.
How do you sell a car that you still owe on that is damaged?
If you can get enough out of the car to pay off the loan then just sell it. If you are upside down on the loan, they that presents a real problem. You may have to just sit on the car until you pay off enough of the loan to be able to sell it an get enough to pay off the loan. You could also sell it and take out another loan that will cover the deficiency, but that may not be a good decision if you are financially strapped.
Can a loan guarantor sell a car?
Yes, a loan guarantor can sell a car, but it depends on their legal rights to the vehicle. If the car is solely owned by the borrower and the guarantor has no ownership interest, they cannot sell it. However, if the guarantor is a co-owner of the car, they can sell it, but they may need the borrower's consent. It's important to review the loan agreement and ownership documents to understand the specific rights involved.
How do you sell a car when you still owe money?
If the car is worth less than you owe on it, you can try to get an unsecured loan from a local credit union or a local bank. You could also try to ask whatever financial institution has your car loan for an unsecured loan for whatever the car doesn't bring when you sell it.
What to do if you can no longer afford to continue your car loan payment?
sell it and get a moped.
