Overhaulin'

How to sell a car private party when you still owe money?

If I still owe money to the bank, meaning that they actually have the title, can I sell the car private party? How can I do that if the bank has the title? Thanks.

Public Comments

1. Simple. When you sell the car, you take the cash and pay off the loan. When you get the title in a week sign it over to the new owner. To ease any concerns of the buyer. Do this transaction at the bank with a loan officer.