Selling financed car to private party?

Alecia Kaehler: Try https://tr.im/1R8Wv

Antone Bual: If you don't have the cash to pay off the loan balance you will need a loan. Your bank should work with you to get you out from under the expensive car and the negative equity. If they won't, shop around, there are plenty of available options for low interest small loans.Once you obtain the loan you'll get a check that you can apply to the car and pay off the loan. Just make sure the loan you get and the amount of money you get from selling the car are enough to cover the full balance due on the car loan. Just meet the buyer at your bank, take his money and the check you got from your personal loan and put them together and pay off the car in full. The bank will process the paperwork and send the title directly to the new owner....Show more

Dorris Homola: You will need to come up with the $2000 to supply to the company. The new buyer will not be able to insure or register the vehicle with out the t! itle. You can not legaly sell a car that has a loan on it (unless someone is takeing over the payments and this has been established with your lender). Unfortunatally... you may want to go to your bank... take out a loan for $2000, pay off the loan on the car... and from there pay your bank back. This way there is no mess between you and the buyer. Good luck....Show more

Ronny Dorge: Ok here is the deal. You HAVE to pay of the lender. So get the loan for the two grand from someone. THEN you can sell the car for $12000. Try and get more if you can...then you can sell the car, send their 12 grand and your 2 grand to the lender...they will send you the title THEN you are done. Then just pay off the person who gave you the two grand. Thats it. YOU CAN NOT SELL THAT CAR TO ANYONE WITHOUT PAYING THE ENTIRE AMOUNT TO THE LENDER.

Alisia Sutphen: Selling financed car to private party?T.R.YT.H.I.S.S.I.T.EW.H.E.R.EY.O.UC.A.NF.I.N.DT.H.EB.E.S.TS.O.L.U.T.I.O.NF.O.RY.O.U.! ..Show more

Flor Lizardi: == the bank that has your loan! also owns your car and you are required to take the buyer to the bank and let your loan officer try to keep the buyer as a customer ... you will get your $1000.00 from the bank or you can ask the buyer to give you the 1k ... there is a loan payoff that is less than the $16,500.00 that you owe and the bank will give you that money ... this is how it works and this is the lagal way for you to sell the car ... be sure that the buyer is credit worthy and can assume your loan or get a new loan ... go to the bank and talk to the loan O. before you do anything and take the buyer so he can get a credit check to get a loan .... otherwise you will need to find another buyer that is credit worthy.........Show more

Willie Tun: Cars are sold by title, and you don't have a clear title since you owe the bank money.So, gather up $2 grand to go with the $12 grand you can get from the sale. You and the buyer go to the bank together, he hands them $12 grand, you hand them $2 grand, th! ey hand you the title or the lien release, depending on the way it works in your state, and you sign it over to the buyer....Show more