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I believe in certain states yes due to the fact that you don't own the car, the bank or lean holder does.

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12y ago

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Can I sell a car on finance?

Yes, you can sell a car on finance by transferring the financing agreement to the buyer or paying off the remaining balance before selling.


Can you sell a car on finance?

Yes, you can sell a car on finance by allowing the buyer to make payments over time with interest until the full amount is paid off.


Can you sell the car after it is charge off?

If you have a clear title, then you can sell it. I don't know why a finance company would charge the car off and give you the title, but if through some miracle that did happen, then you could sell it.


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


How do you sell a car that is still financed to a provate party?

Legally you can't ! The car belongs to the finance company until it's paid off !


How do you sell a car you bought on finance?

You can sell your car to a dealer.If you do not owe more then bule book. on a trade in they will pay off the loan. But have some cash for a down payment at lease $1,000 dollars


Can you privately sell a car on finance?

Yes, you can privately sell a car that is still being financed, but the process can be more complex. The buyer would typically need to pay off the remaining balance on the loan before taking ownership of the car.


How do you trade in a car that is not paid off?

Pay the bill off and sell it or borrow enough on the new car to pay off the old car and finance then new one. My advice is to not consider trading until you pay off the car you now own. That way you will be in a much better financial condition to purchase another car.


What if you sold a car that was in default What happens next Can the new party register car?

It is illegal to sell a car that you do not have a title to, and someone else will not be able to register it until they have one. To be in default means you do not as yet own the car the finance company does, any arrangements made to get rid of the car must include paying off the loan in its entirety or letting it go back to the holder of the title.


What if the dealership you bought your car from went out of business and the finance company does not have the title your car is paid off how do you sell the car without the title?

You should be able to go to the DMV and get a duplicate. It takes about 5 days.


After a car is repo can the finance company sell it back to the dealer you bought the car from or is it suppose to be auction off?

Normally it is not auctioned off but it can be. Normally they accept bids on it. The lender owns the vehicle and can sell it to anyone they wish, even the dealer you bought it from. You have no say in who they sell it to, and you are also going to be responsible for the difference in what it sells for and what you owe on it.


How do you sell your car before the lease is up?

Lease or retail installment loan-dosen't matter. You call your lienholder, get your pay-off and sell your car. If your pay-off is greater than what you are selling the car for, "you" simply pay that "negative equity" to your lienholder. If you sell your car for $15,000.00 and you owe $20,000.00 you have to pay your finance company $5000.00 and you are done. The $5000. is called negative equity.