Can someone else sell my car for me?

Can someone else sell my car for me?

Unless the family member or friend authorizes you to sell their car and signs the required documents, you can’t sell it for them. As the owner of the vehicle, the only person allowed to sell the car is them. You need to get power of attorney.

Can I sell a car Im still paying off?

In some cases, an online lender will require the full balance of the loan before it releases the title. If you have the cash ready to pay off the loan and then sell your car, you can do that. Otherwise ask the buyer to provide the money to the lender and have the title mailed directly to them.

How do I transfer my car payment to someone else?

You just need to find an eligible buyer who is willing to take your car and assume your remaining loan balance. But a car loan transfer isn’t your only option. You can also go for a car loan refinancing or sell your car and use the proceeds to pay your outstanding loan balance and use the remaining amount as you wish.

Can I get a loan on my car if I still owe on it?

Yes! Even if you still owe on the car, you could qualify for fast financial support through title loans!

Can I sell a car on behalf of someone else?

Yes, you can. However, if you are selling a car on behalf of a relative or friend, we require that you also obtain a letter of authorization (i.e. Power of Attorney) from the registered owner of the vehicle.

Can you sell a car if it is not paid off?

Private sales are still possible even if your vehicle isn’t paid off. However, your loan needs to be paid in full before the title can be transferred to a new owner. In order to begin the process of selling a car yourself, you have to do a little legwork, starting with finding out the payoff amount.

Can you sell a car with a lien on it?

In any case, selling a car with a lien is possible, but be upfront with the buyer so they understand the process you must follow to get the title in their hands. The only downside to selling a car while you’re making payments is you could be responsible for paying the difference between what you owe on the vehicle and what you sell it for.

Can I Sell my Car privately when I have equity?

Selling your vehicle privately when you have equity means that you pay off your loan with the money from the sale, and keep what the buyer gives you that’s above the payoff amount. If you’re financing through a bank or credit union, you and the buyer may be able to meet there to take care of the payment and the paperwork.