DevtypeS

How can I sell my TLS if I didn't finish paying for it is there any way I can or not guys

LoveMyTL-S

Check with your lender and see if you can make arrangments to pay off the differnce.

DevtypeS

I don't have the difference at this time

Coins

The difference will be paid directly to your lender so then the title is released to new owner once you register the car over.

Once you are ready to sell it or are already in the process of selling it, visit your lender and tell them that you will be selling the car and the buyer will be paying off the loan under your name so the title is released.

That's the process I went through to purchase my TL

Sotiris

Are you planning on selling it yourself? In that case you would need to pay off the vehicle to get the title. If you trade it in im sure you can work something at the dealership

jonmizu

If you have the new owner lined up have them meet up with you at the bank where they will "buy " the car from the bank

DevtypeS

The only problem I have is my lender bank is in Boston and I'm in new York. And yes I want to sell it myself

jonmizu

You may have to contact bank or make sure that the buyer is willing to wait on the title and car . Inform them they you cannot release car until the funds reach the bank but once it gets to the bank it may take x amount of days for them to receive the title where you could already turn over the car to new owner. Mean while the title will be shipped to new owner and he will have to transfer the title him self.
More information!
http://www.carsdirect.com/sell-cars/...-has-the-title
Bill of sale! Very important to prevent scam
http://www.dmv.ca.gov/forms/reg/reg135.pdf
Varies per state btw! Find it your self if it isn't California haha
http://www.dmv.org/bill-of-sale.php

Turbonut

iTrader: (1)

Hopefully you'll sell the car for more than owed, if not that's a problem unless you have the money to make up the difference. If no local branch, you'll need to contact the lender and allow the buyer to verify with communication and payment would be sent directly to the lender, then title would be returned.

DevtypeS

Oh ok its a hard process but I'll try it

Bruce Banner

iTrader: (2)

Some states allow sale with the lein I believe

LaCostaRacer

It might not be super complex if your buyer also needs a car loan to buy the car- that would be like refi'ing with a different lender. The two banks would do business amongst themselves.

The other option is to go to carmax and sell the car to them directly. You'll get a better price than a tradein in most cases and save yourself these hassles. The best option is simply to keep the car until you pay it off then you don't have this problem altogether.

UA6

Depending on where you go you might be able to trade it in. If you have negative equity on your TL the dealer will add that to the cost of your new car.

Steven Bell

iTrader: (2)

Try the Acurazine Black Market, if you wan to sell it outright.

sauceja

iTrader: (2)

You can still do it you will just need a patient buyer who will wait after car is paid off to you for you to pay off bank get title and send to him or his lender.

If he is financing to get the loan also the banks will figure something out. Thats the process I went through.

I had all financials worked out. Flew to NYC, picked up car signed a Bill of Sale to basically state that he was no longer owner in case I went on a crime spree and hauled ass to Manhattan haha.

It is pretty common having a lien-holder. Good luck with sale.

paperboy42190

iTrader: (7)

I went through a similar process before when buying my tl. The seller has a bank out of state and still owed $ on it. I paid him the $, he then contacted his bank notifying them that he will be paying off the car. He gave me the keys to the car, and Within a week he got the title from the bank from out of state, and we met up and he signed it over to me. Granted there were risks in that because of the waiting period for the title, but he seemed like a trustworthy guy, and he was.