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