Overhaulin'

how do you sell a car if you still owe on it and someone wants to pay cash for it?

i'm selling it for more than I owe on it, good payment history

Public Comments

  1. Hope that they can wait for the title until you pay off your loan so you can get the title.
  2. they wont be able to transfer the title over until it is paid off
  3. Get enough cash for it to pay off the loan. You are underselling if you don't.
  4. just sell the car and the rest will get done automatically
  5. most banks are happy to release the lean on the vehicle, phone them, tell them that your selling, and they will help you, but..... if you owe more then what your selling at, is your credit good, then they might depends on how much, but if you didn't make payments on time, bad credit, not a chance. your scewed...sorry
  6. if you,ll call your bank and just tell them that your selling the car,and set up a time for the buyer to meet you at the bank,with the money,,in most cases the title can be released that day,,as long as the debt is payed,some bank,s have a 24 waiting period for release of the title,,but they will still issue a payed off statement,and also will give the new owner a statement as well ,showing new ownership,this protect,s the buyer as well as well as the seller,,if you can try to talk to the person who made you the loan,in person,,hope this help,s you.
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