How To Sell Your Car If You Don't Have The Title
How To Sell Your Car If You Don't Have The Title
James Bell (Publisher, Auto Reviewer) gives expert video advice on: How do I sell my car if I don't have the title?
How do I sell my car if I don't have the title?
If you don't have the title for the vehicle that you're looking to sell, you're going to have to take some additional steps. You're going to have a little extra work. First and foremost, you'll need to go to your lender to get an additional copy of that lien paperwork and the title for the vehicle, because that title is then going to need to be signed off by you such that the Department of Motor Vehicles can now re-register the vehicle in the new person's name. That's the first part of it. The second part of it is, you may negotiate the sale of the price such that any balance you owe on the vehicle is going to be taken over by the new buyer. Now, this isn't as easy as it sounds because you'll, the new buyer will actually have to approved by your current lender to take on that new amount. They need to have their own credit check done, their own pre-approval process, and be approved by your lender for taking on that amount. So it can be done, it's a little bit more work than you would hope for.