Selling a financed vehicle?

Question:
How do you sell a vehicle on the street that you still owe money on?

Answers:

Car depreciation- are there any good American cars that depreciate quickly, but are actually quality?

Contact the lein holder and determine the correct pay off balance.

What is a good first car to buy?


Make the sale of the vehicle informing the person buying the car that it is under a lein.

PLEASE HELP... New car question.?


When the person pays for the vehicle the will create two seperate payments, one to the finance company for the payoff balance and one to you for the remainder of the agreed upon purchase price if any. If you are getting less for the car than the payoff balance you will need to pay the buyer the difference between the what they are paying and the payoff balance.

How much are title and license on a new or a used car?


Get the Title Transfer from your state DMV and complete the form. On this form you will sign over ownership to the buyer. Get your lein title and sign it over to the new buyer. Make a copy of all the documents and send them along with the payment(s) to the lein holder requesting payoff and release of lein on the title to the new purchaser.

Really, how much money are the dealerships make?


The new purchaser will receive a clear title once the lein holder has processed the paperwork and payment.

What is the best first car for a 16 year old girl entering college in a year?


It's a bit tedious.. but it can be done.

New AWD leather seats sun roof less than 20k. What car?


The only way to simplify is to pay off the vehicle and then sell it once you have the clear title.. but I'm assuming you are not in a position to do that.

Should i get a 2 door or a 4 door grand am?


Good luck!

Junkyard Used car in my name!?

You have to go to the bank where the car is financed and pay off the balance. As soon as you do that the title will be released to you. In turn you will have to transfer the title to the person who is buying it.

Where can I find a 1970 Chevrolet Chevelle, for under $17,000?

You just go and sell it and than from the money you make you pay of the rest of the car.

Should I buy GMC Envoy 2003 with 101K miles on it?

some one will have too satiify the loam company ,/ pay off the loan otherwise you will not be able too get a clear title , and you cannot transfer the car too someone else ,

Car loans what bank is a good lender for car loans with low rates?

i have sold alot of vehicles...lol. What you do is have the buyer make the check out to the loan agency or his loan agensy make it out to your loan agency you have your vehicle finaced thru. If the sum or sale of the vehicle is more than what you owe, then they will send you a check in the mail or maybe even have you stop by at the bank. Reason being is when you sell the vehicle the title will carry the name of the loan agency on it due to its still finaced. I hope this helped. Good luck

Do I have to pay back the interest on my car?

You would need to inform the financial institution where you purchased the vehicle of your intentions of selling it. When you find a buyer, you need to take some (or all) of the selling price from your sell, and pay off the financial institution where you got your loan. They will then give you the title which you can give to your buyer.
More Questions & Answers ...

  • Car accessories!! help?
  • Cheapest New Camper Van in the UK?
  • Used car reviews:: good gas mileage, reliable, cheap parts?
  • If a private seller sells you a car and signs the bill of sale, can he be sued if he doesnt complete sale?
  • Im buying a car?
  • Would someone with a CARFAX account check out this vehicle please? VIN 1HGCG5649WA054160 I will return favor.?
  • Stop sending me emails for cash loans,credit cards and selling me stop?
  • Does anybody know of any cheap car that is in the Greer or Spartanburg area?
  • I'm looking for a 2 seat car...?
  • How many percent of the price of a car,DMV is collecting as tax when you buy a car and you regester a car?
  • This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.


    Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.