Selling BMW Privately with a lien through BMW Financial Service

Asked by Billy Jun 14, 2019 at 02:00 AM about the 2014 BMW 3 Series 320i Sedan RWD

Question type: Car Selling & Trading In

I'm in the process of trying to sell my BMW 320i privately but currently have a lien on it through BMW Financial Services. The potential buyer is local and I want to make the process as easy as possible for both of us. My pay off and sale price are basically the same and the potential buyer has agreed to pay the amount that I had recently received as my total payoff amount. What do you recommend is the easiest way to go about handling this? Or has anyone have this experience specifically with BMW Financial Services? I was thinking the smartest and easiest way would be to go down to the BMW Dealership where I bought/financed the car and bring the buyer with. Would they be able take payment from the buyer and then mail him the title? Obviously I could draft a bill of sale prior but just curious how long the process could be to receive a title

2 Answers

F_O_R answered 5 years ago

Contact your lender and ask them what they recommend. How long it takes the new owner to get the title will depend on the processing time of the lender and your states DMV office back log.

1 people found this helpful.
Mark helpful
5

NOOCHIE74 answered 5 years ago

Yes thats a good idea the BMW dealership should be able to guide you in the right direction ..

Mark helpful

Your Answer:

Related Questions

  • Selling BMW Privately with a lien through BMW Financial Service 2 Answers

    I'm in the process of trying to sell my BMW 320i privately but currently have a lien on it through BMW Financial Services. The potential buyer is local and I want to make the process as easy as possib...

    2014 BMW 3 Series 320i Sedan RWD

    -

    Car Selling & Trading In

  • Selling car with Lien on it 3 Answers

    There is a lien on my car that I am selling. How do Car Gurus handle this kind of transactions? The payment has to be satisfied first in order for my bank to send the lien release letter to DMV, at th...

    2010 BMW 3 Series 328i Coupe RWD

    -

    Car Selling & Trading In

  • Should I sell my 1998 BMW 328I? 1 Answer

    I am a new BMW customer. I saw a cheap BMW 328i for sale for $1000 dollars and I thought this was a great deal since thats all the money I had. The miles on it was 222,000. The front bumper was a ...

    1998 BMW 3 Series 328i Sedan RWD

    -

    Car Selling & Trading In

  • selling a car 1 Answer

    I listed a car and can not find the listing

    2011 BMW 3 Series 335i xDrive Sedan AWD

    -

    Car Selling & Trading In

  • Selling a car 1 Answer

    I have a 2006 bmw convertible, I want to sell about how much can I get for it ?

    2006 BMW 3 Series 325Ci Coupe RWD

    -

    Car Selling & Trading In

Shortcuts

Search BMW 3 Series Questions

CarGurus Experts

  • #1
    Robert Charlson
    Reputation
    3,950
  • #2
    apbimmer98
    Reputation
    3,100
  • #3
    Abu Luca
    Reputation
    2,980
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used BMW 5 Series
18 Great Deals out of 349 listings starting at $4,500
Used BMW M3
93 listings starting at $15,995
Used BMW 4 Series
30 Great Deals out of 506 listings starting at $11,999
Used Mercedes-Benz C-Class
102 Great Deals out of 1,621 listings starting at $3,500
Used BMW 2 Series
22 Great Deals out of 377 listings starting at $7,995
Used BMW M4
103 listings starting at $35,998
Used Lexus IS
19 Great Deals out of 320 listings starting at $6,500
Used BMW X3
45 Great Deals out of 1,049 listings starting at $2,999
Used BMW M5
43 listings starting at $26,800
Used Dodge Charger
39 Great Deals out of 727 listings starting at $5,995
Used Ford Mustang
60 Great Deals out of 1,365 listings starting at $4,995
Used Mercedes-Benz E-Class
35 Great Deals out of 506 listings starting at $5,700
Used Honda Accord
56 Great Deals out of 991 listings starting at $2,000
Used Audi S4
7 Great Deals out of 91 listings starting at $8,900

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.