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With some planning and effort, you can sell a car with an existing loan—even if you owe more than it’s worth. Here’s how to sell a car with a loan in six steps.
If you have positive equity, your car is worth more than the payoff amount. In this case, there are two ways to sell a car with a loan, Gordon says.
Selling a car with a loan is possible, but you’ll need to plan and coordinate carefully. First, know if you have positive or negative equity and the loan payoff amount.
Technically, yes. You can not receive your car's title until you've paid off your car, and you need the title to transfer ...
It’s not difficult to sell a car when you still have a loan on it — but may take a little longer. NerdWallet will walk you through the necessary steps.
How to refinance a car loan in 5 simple steps Step one — make sure refinancing is right for you. Updated Fri, Apr 18 2025. Ana Staples Reporter, CNBC Select.
Car values are falling, interest rates are rising. Borrowing costs are rising. The average interest rate on a 60-month new car loan is 8.4%, as of August, up from 4.6% three years earlier ...
It’s illegal to sell your car without a title in most situations. Some states may accept a bill of sale in place of a title in some scenarios, or may allow a title-free sale if the car is low ...
You can sell a car even if you still have a loan on it, but there will be a few extra steps to the process. "When there's a loan on the car it means your lender owns it and holds the title… ...