selling car I have a loan on

10

Asked by Mary0947 Jun 16, 2017 at 01:31 PM about the 2015 Toyota Prius Three

Question type: Car Selling & Trading In

I want to sell my 2015 Prius but I still owe money to Toyota Financial. In order to sell I think I would need to pay the car off and wait until I have the title in my name. This is a rather large sum of money. Any suggestions on how others have done this?

3 Answers

9,420

Dealer will take into account the final payoff vs how much the car is worth, as long as you don't have 'negative equity' you should be able to trade it towards another car. If the car is now worth less than the total amount of your loan, then you're in bad shape.

2 people found this helpful.

You can use the buyers money to pay off the loan. Do the transaction at the lenders office and they will take care of all the paperwork.

2 people found this helpful.

I have tital loan with loanstar. Tital for 3,200.00. Can i trade in my car and get my loan cleared

Your Answer:

Prius

Looking for a Used Prius in your area?

CarGurus has 131 nationwide Prius listings starting at $4,000.

Postal Code:

CarGurus Experts

  • #1
    T_S_T
    Reputation
    1,560
  • #2
    Guru5WT6J
    Reputation
    1,390
  • #3
    TupeloMS
    Reputation
    1,320
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Toyota Corolla
124 Great Deals out of 1,997 listings starting at $1,995
Used Toyota Camry Hybrid
15 Great Deals out of 245 listings starting at $6,495
Used Toyota Camry
49 Great Deals out of 940 listings starting at $2,212
Used Toyota Prius v
18 listings starting at $9,995
Used Toyota Prius c
77 listings starting at $6,995
Used Honda Civic
154 Great Deals out of 3,390 listings starting at $2,230
Used Toyota RAV4 Hybrid
25 Great Deals out of 642 listings starting at $15,995
Used Toyota RAV4
91 Great Deals out of 2,055 listings starting at $3,499
Used Honda Accord
40 Great Deals out of 908 listings starting at $2,799
Used Toyota Prius Plug-In
1 listings starting at $14,990
Used Honda Civic Hybrid
825 listings starting at $6,998
Used Honda Accord Hybrid
3 Great Deals out of 230 listings starting at $2,230
Used Toyota Sienna
38 Great Deals out of 716 listings starting at $3,900

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.