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Yes, it is possible to sell a car that you are still making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the new buyer.

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AnswerBot

5mo ago

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Related Questions

Is it possible for me to sell a car that I am currently making payments on?

Yes, it is possible to sell a car that you are currently making payments on, but you will need to pay off the remaining balance of the loan before transferring ownership to the buyer.


Is it illegal to sell a car when your still making payments on finance?

No its perfectly legal and if you are still making payments on it, that increases values.


Can you sell a car you are making payments co-borrower?

Co-borrowers would both have to agree to sell and sign the paperwork to sell a car you are making payments on. This could not legally be done by one person.


Is it possible to sell a car that you are currently leasing?

Yes, it is possible to sell a car that you are currently leasing, but there are certain steps and considerations involved in the process.


Can you sell your car if you are making payments?

Yes as long as you pay off your loan.


Can you sell anything on Club Penguin?

No, it is not currently possible to sell anythin on Club Penguin.


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.


Can you sell your car with payments left on the loan?

Someone cannot sell his car if there are still some pending payments on a loan. It is however possible to enter an agreement with the financier so that the remaining payments can be financed by part of the proceeds from the car sale. An extra interest payment may be charged for that.


How can I sell my car while still making payments on it?

To sell a car while still making payments on it, you can either pay off the remaining balance before selling or transfer the loan to the new owner through a process called loan assumption. Be sure to check with your lender for specific requirements and steps to follow.


Do you need a title to sell your auto?

If the vehicle is paid off yes...If you are still making payments and you want to sell to an individual you will need to talk with your lienholder. If you are selling to a car dealer they will handle it for you.


Is it possible for websites be for sale?

It is possible to purchase a website that is currently owned. The domain can be transferred if the current owner is willing to sell it. This ownership information is available from sites like GoDaddy. If an owner does not wish to sell, then it cannot be purchased.


What do you do if you can not afford to continue making the car payments on the totaled car while making payments on the new car loan?

Sell the newer car and buy something cheaper. It's a bad idea to default on a loan and screw up your credit. Sounds like you overextended yourself financially!