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What is the fastest way to sell my car if i still owe, and don't have the title?

Posted on 1/25/16 at 9:20 am
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1944 posts
Posted on 1/25/16 at 9:20 am
Looking to sell my car, but the bank still owns it. I have the cash to pay it off, and I have a buyer. Chase says it will take 20 days to get the title in hand once paid off. Is there any way to expedite this, maybe through the DMV?
Posted by auzach91
Marietta, GA
Member since Jan 2009
40255 posts
Posted on 1/25/16 at 9:21 am to
Chop shop. Report stolen.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 1/25/16 at 9:21 am to
Meth is a serious addiction.

Don't sell your mom's car for it though.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56267 posts
Posted on 1/25/16 at 9:21 am to
Trade it in on a new one.
Posted by BIELEMANIAC
Top of the Golden Boot
Member since Nov 2015
69 posts
Posted on 1/25/16 at 9:22 am to
pay it off today and sell it around 20 days later.
Posted by tankyank13
NOLA
Member since Nov 2012
7722 posts
Posted on 1/25/16 at 9:27 am to
quote:

What is the fastest way to sell my car if i still owe,


Posted by AUjim
America
Member since Dec 2012
3663 posts
Posted on 1/25/16 at 9:27 am to
I sold one about 3 months ago...I kept trying to find a way to get that title to the new buyer immediately. There just isn't a way. My bank instructed me to have them write the check to the bank (to make the buyer feel protected) and they mailed out the title after it was all final. Buyer was fine with it.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
8967 posts
Posted on 1/25/16 at 9:30 am to
quote:

I sold one about 3 months ago...I kept trying to find a way to get that title to the new buyer immediately. There just isn't a way. My bank instructed me to have them write the check to the bank (to make the buyer feel protected) and they mailed out the title after it was all final. Buyer was fine with it.



This. The buyer doesn't need the title upon delivery.
Posted by Sgt_Lincoln_Osiris
Baton Rouge
Member since Dec 2014
1077 posts
Posted on 1/25/16 at 9:30 am to


My advice to you is to start drinking heavily.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1944 posts
Posted on 1/25/16 at 9:38 am to
It makes since that the buyer dosent need the title on delivery, I will call a notary also.

I want to make sure they own the car and I'm not liable for damage
Posted by achenator
Member since Oct 2014
2945 posts
Posted on 1/25/16 at 9:39 am to
This is what a Bill of Sale is for
Posted by tankyank13
NOLA
Member since Nov 2012
7722 posts
Posted on 1/25/16 at 9:41 am to
Notarized bill of sale protects you, i would think. Who has title has little to do with liability
This post was edited on 1/25/16 at 9:42 am
Posted by windmill
Prairieville, La
Member since Dec 2005
7017 posts
Posted on 1/25/16 at 9:46 am to
He doesn't get the title until it's paid off anyway. It's not unusual to not have a title to your car.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1944 posts
Posted on 1/25/16 at 9:57 am to
Yea the bank has the title, and they have no liability.
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 1/25/16 at 9:59 am to
Wholesale it. Brewer Wholesale in Houma.
Posted by Pavoloco83
Acworth Ga. too many damn dawgs
Member since Nov 2013
15347 posts
Posted on 1/25/16 at 10:03 am to
trade it on purchase of a new vehicle. You sign the car over to the dealer and the dealer pays off the loan and adds the unpaid amount to your new car loan.

If you have offsetting cash, just put that with your new car down payment.
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