How to handle transferring title when there is a lien on the title

Asked by Guru1N1M9 Sep 16, 2019 at 02:22 PM

Question type: Car Selling & Trading In

I am looking to purchase a vehicle on your platform.  Seller has a lien on the
car. My funds would be paying it off.  What is the proper way to do this so once
I give them the money I get the car, and if anything happens to the auto the
liability is on me?

2 Answers

F_O_R answered 5 years ago

I would do the sale at the sellers lenders office. Never give the seller any money when there is a lien!

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Guru1N1M9 answered 5 years ago

OK, thank you. What if it is through Ford Motor Credit and not a bank? How would I handle this case? Should I call the Lender in advance and work out paying off the loan - with a bill of sale from the seller?

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