Can I sell my car if I still have a loan on the vehicle?

Asked by Jul 16, 2012 at 09:20 AM

Question type: Shopping & Pricing

2 Answers

217,605

Sure. Are you selling it yourself or trading in? Trading in, the dealerships bank will take care of all the arrangements in paying off your loan and setting you up with a new one. If you sell it yourself, it's a little more involved. Here are some links with some more info...http://www.ehow.com/how_6790455_sell-car-loan.html....http://www.ehow.com/how_4765449_sell-car-still-owe-loan.html

90

YES,OF COURSE. IF THE CAR IS LOCALLY FINANCED GO TO THE LENDER WITH THE BUYER &CERTIFIED FUNDS TO TRANSFER THE TITLE-ITS MORE INVOLVED IF TITLE IS OUT OF STATE BUT THE LIENHOLDER CAN DIRECT YOU ON HOW TO PROCEED

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