You can still sell your car, even if you haven’t paid off your car loan. Here’s how to sell a car with a lien.
Figure out how much you are owed for storage and repairs. If the vehicle has been abandoned, you may not qualify for a lien. In order to determine if a vehicle is abandoned, contact the local police. In Michigan, for example, if the owner leaves the vehicle on private property without ...
We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
Buying a used car can be time-consuming, expensive, and risky, so it's important to do it right. Here's what you need to know — start to finish — about the used car buying process.
It’s worth arranging financing before shopping for a vehicle so you can negotiate more effectively at the dealership. Shop around with three or more lenders and get prequalified to find the best deal on an auto loan. Negotiating a great sale price is just half the battle when shopping for...
lien and loan information, as well as the history of owners. Checking VIN numbers can also help alert a potential owner of anycar accidenthistory, theft reports and odometer rollbacks. To learn the various ways to check a vehicle’s history in Michigan, continue reading the information outline...
Check on and resolve any liens Most car owners have to take out a loan to purchase their car. If those loans are not paid off, these cars are subject toa lien— a legal claim to the vehicle held by the lender in case the owner doesn’t make their payments. ...
Consider using a few different methods to determine if a vehicle has a lien holder. This will provide more confidence that the vehicle doesn’t have any unexpected liens. Title procedures differ by state. Most states, however, offer a section for the vehicle's titled owner to sign and date...
Some abandoned cars may be eligible for title processing through a mechanic's lien procedure. A specific process may enable titling of the vehicle if you are a property owner or licensed automotive business and you have an unclaimed vehicle on your premises. ...
It’s worth arranging financing before shopping for a vehicle so you can negotiate more effectively at the dealership. Shop around with three or more lenders and get prequalified to find the best deal on an auto loan. Negotiating a great sale price is just half the battle when shopping for ...