Need an advice!!! Im trying to purchase a vehicle!!?

Question

I am going to buy a vehicle this weekend. The seller told me that the title is at the Navy Federal Bank and Im gonna have to give him the check and that after the loan is paid off, Navy Federal will email me the title? Does that sound like a legit story? I am afraid that Im gonna pay for the car and I will never see the title... and maybe later on the car too...

Could you please give me some advice on how to do this, transaction?

Answer 1

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Answer 2

>> The seller told me that the title is at the Navy Federal Bank and Im gonna have to give him the check and that after the loan is paid off, Navy Federal will email me the title? Does that sound like a legit story? I am afraid that Im gonna pay for the car and I will never see the title...

You don't write HIM the check.  Many banks will do a 3 way transaction at their office.  But you write the bank the check not the seller.  And you get a clear title.  Again YOU get the title not the seller.

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Don't give him a check or anything.

Good luck...

Answer 3

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Answer 4

If it were me, I would call Navy Federal Bank as them what you should do. But get a bill of sale. you can print one from your computer. Have him sign it in front of a notary. it costs like 5.00