want to purchase a vehicle but owner still owes money on car loan.

Asked by Bill_williams1 Aug 23, 2020 at 12:58 PM about the 2014 Toyota Tundra SR5 CrewMax 5.7L 4WD

Question type: General

want to purchase a truck owner still owes money on it.  He lives in new jersey
and i live in pa.  how long does this type of transaction take?

2 Answers

41,240

Most auto loan lenders have an office somewhere. Maybe you can meet in the office to transfer the money and that way the lender will have your information to send you the title. Have the seller look into it.

1 people found this helpful.
157,615

Exactly, this way the lender gets the money and you get the title. Unless you know the seller don't trust them to pay off the vehicle with your money and send you the title! Hope that helps! Jim

Your Answer:

CarGurus Experts

  • #1
    Gene Arnett
    Reputation
    1,160
  • #2
    Donald Chappell
    Reputation
    1,010
  • #3
    Shedgesgirl
    Reputation
    840
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Toyota Tacoma
55 Great Deals out of 1,071 listings starting at $8,708
Used Ford F-150
321 Great Deals out of 14,968 listings starting at $1,712
Used Chevrolet Silverado 1500
202 Great Deals out of 5,975 listings starting at $2,975
Used GMC Sierra 1500
148 Great Deals out of 7,258 listings starting at $3,950
Used RAM 1500
439 Great Deals out of 15,809 listings starting at $5,000
Used Toyota 4Runner
10 Great Deals out of 304 listings starting at $9,700
Used Toyota Sequoia
4 Great Deals out of 69 listings starting at $16,489
Used Nissan Titan
18 Great Deals out of 194 listings starting at $4,980
Used Chevrolet Silverado 2500HD
16 Great Deals out of 1,285 listings starting at $8,995
Used Ford F-250 Super Duty
24 Great Deals out of 1,204 listings starting at $7,995
Used GMC Sierra 2500HD
17 Great Deals out of 1,640 listings starting at $9,988
Used RAM 2500
55 Great Deals out of 2,180 listings starting at $14,962
Used Toyota Land Cruiser
98 listings starting at $33,990

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.