You must have a real hunk of junk if you’re thinking about selling a car with a lien on it. It must be giving you tons of problems. Maybe it isn’t even running at all, and you just want to have it out of your sight. Fortunately, there is a way to sell vehicles with a lien. Here’s some information about that:
Find out How Much You Owe
If you want to sell a car with a lien, you have to figure out how much you owe on it first. It’s still possible to sell vehicles with a lien as long as you aren’t upside down on the loan. That means you need to owe less on your car loan than what the vehicle is worth.
If the lien is due to a title loan, you most definitely owe less than what the vehicle is worth. Title loan lenders don’t ever issue loans for a car’s full value. They only give a certain percent. In that case, you can sell a car with a title loan with no problem. You just have to take the necessary steps.
Gather the Information
The prospective buyer is going to need to gather some information from you if you want to sell a car with a title loan. They’ll need to know the year, make, and model of your vehicle. You’ll need to disclose whether the vehicle runs or not. You’ll also have to provide some details about any superficial damages or serious damages the vehicle has.
The prospective buyer will then be in a position to make an offer for your vehicle. If you’re happy with the offer, you can simply accept the terms. The buyer will arrange a pickup date and time, and you can rid yourself of the eyesore that you refer to as a “car.”
Contact a Reliable Buyer
You can feel confident contacting a prospective buyer once you have all of your details in order. Generally, you can contact the buyer through a contact form or telephone call. You’ll receive a quote quickly, and then you can decide if it works for you.
Once you accept the offer, you can make arrangements with the buyer so that you can exchange cash for the car. You can use the funds to pay your title loan off and keep the rest. It’s very easy to sell a car with a title loan.
Sell Vehicles With Liens Here
I Buy Vehicles in Houston is 100 percent willing to buy your car even if it has a lien on it from a title loan company. The first step is to reach out to us and let us know what you have. We can then let you know what we can do for you. It’s as simple as that.
