Question:

I bought a car with a lean and really want to get rid of this car what options do i have to sell it?

by  |  earlier

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I know their has to be something i can do to sell it or get it off my name can someone please answer.

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4 ANSWERS


  1. You just sell it.  Take the money from the sale and pay the loan right then.  The bank will deliver you the title, and you hand that over to the new owner.  It might take a week.


  2. craigslist.org

    autotrader.com

    ebay.com

  3. In short you can pay off the loan to get the title and then sell it. You can't outright sell it without title. You could do a three way transaction by taking the buyer to the bank. But if there's a difference between buyer price and loan amount due, you have to come up with difference.

    The other option is to go trade the car to a Dealer for another car. But that'd put more loan op top of existing loan. This may make you upside down. If you choose this option, make sure you get GAP Insurance.

  4. Take out a personal loan to pay off the lein, and then when you sell the car...pay back the loan.

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