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How to get title if you still owe


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03-23-05, 03:31 PM   #1  
lj8576
How to get title if you still owe

Hello
I want to sell my car but I still owe on it. If I sell it privately, how do I sign over the title to the new owner if I still owe. I cant get the title until I pay it off right? Do they give me the money, I pay it off and then sign it over? I am not sure how that works. Thanks

 
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03-25-05, 08:10 PM   #2  
Generally you give your financial instituion notice of what you are doing, and then take the buyer and the money to their shop. Give them the money and they give the buyer the title.

Contact your financial institution for details on how they make this kind of transaction.

 
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03-28-05, 03:37 PM   #3  
lj8576
I financed through the dealer.

 
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03-28-05, 07:56 PM   #4  
The dealer would have used an independant finance company. Even if it's something like "Chrysler Financial" it is a separate company. You need to call them. Look on your bill for a customer service number.

 
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