How does selling on Car Gurus work if I still owe the bank on the vehicle?

Asked by GuruTJ5R9 Jul 31, 2018 at 10:37 AM about the 2015 Volkswagen Beetle 1.8T

Question type: Car Selling & Trading In

Good morning. I just put together my listing. If someone shows up and wants
the car but the bank has the title due to pay off amount how will the sale work?
What are the transaction steps?

1 Answer
4,980

Title_Reguru answered 5 years ago

This question gets asked often but you just need the buyer to pay the lender directly and then your bank will release the title in their timeframe with the lien released. Make sure to sign off the title when received and put in the buyers information for purchaser. Make copies for yourself for future reference so there aren't any problems. Any other questions please email: vehicletitleadvisor@gmail.com

1 people found this helpful.
Mark helpful

Your Answer:

Related Questions

Own this car?

Share your experience with others.

2015 Volkswagen Beetle

Write a car review

Review another car

Shortcuts

Resources

Search Volkswagen Beetle Questions

CarGurus Experts

  • #1
    tenspeed
    Reputation
    3,190
  • #2
    Chris Billings
    Reputation
    2,930
  • #3
    Deathjam4
    Reputation
    2,110
View All

Know more, shop wisely

Search

Related Models For Sale

Used MINI Cooper
394 Great Deals out of 6,058 listings starting at $1,500
Used Jeep Wrangler
3,257 Great Deals out of 57,713 listings starting at $3,000
Used Honda Civic
1,379 Great Deals out of 29,691 listings starting at $1,571
Used Volkswagen Jetta
715 Great Deals out of 16,180 listings starting at $1,500
Used Ford Mustang
915 Great Deals out of 23,188 listings starting at $1,995
Used Volkswagen Golf
72 Great Deals out of 870 listings starting at $2,600
Used Volkswagen Eos
22 Great Deals out of 346 listings starting at $2,000
Used Toyota Camry
2,184 Great Deals out of 38,151 listings starting at $700
Used Toyota Corolla
1,596 Great Deals out of 24,541 listings starting at $1,322
Used Volkswagen Golf GTI
175 Great Deals out of 3,972 listings starting at $2,995
Used Mazda MX-5 Miata
155 Great Deals out of 2,958 listings starting at $2,995
Used Chevrolet Corvette
703 Great Deals out of 12,046 listings starting at $3,200
Used FIAT 500
58 Great Deals out of 740 listings starting at $1,995
Used Honda Accord
1,473 Great Deals out of 29,903 listings starting at $1,075

Used Cars For Sale

2015 Volkswagen Beetle 1.8T For Sale
16 listings starting at $6,881

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.