Overhaulin'

Can I transfer/sell a car lien? (not a lease, a US lien)?

Right then, I've had it with my wifes car in the US, she's moved here and now I'm still paying for a Mazda CX-7 sitting over there bought on a lien. I know you can transfer a lease, but a lien? I don't care about what I've spent on it to date, I just want rid of it and let someone else pay for the remainder of the lien. There must be a way, otherwise I'll get it repo'd and pay off the remaining balance, which is still painful. I'm UK and live in the UK btw, so everything's being done rather remotely

Public Comments

1. It takes the approval of the lien holder but it can be transferred and most lien holders would rather do that than repo one. I'd suggest you contact the lien holder, explain the situation and see if you can reach an equitable settlement or agreement.