If you owe more than the car is worth, you won’t find anyone willing to take over the payments. You will have to either continue to make the payments or sell it for what you can get. Depending on where you live, you may be able to put the vehicle in storage until you return.
You have to have the title for the next buyer. I would have the buyer pay what you owe, get them the title - or you’re kind of stuck. You might want to sell it to a car dealership and see if they can help you. Sorry
4 Responses to “Can you sell car while payment is being made?”
By duce on Oct 22, 2007 | Reply
Sell it and then pay off what you owe
By Airmech on Oct 25, 2007 | Reply
Talk to the lender on how to do this first. It can be done but only the mortgage company will know the details for this transaction.
By regerugged on Oct 26, 2007 | Reply
If you owe more than the car is worth, you won’t find anyone willing to take over the payments. You will have to either continue to make the payments or sell it for what you can get. Depending on where you live, you may be able to put the vehicle in storage until you return.
By Lynnae on Oct 28, 2007 | Reply
You have to have the title for the next buyer. I would have the buyer pay what you owe, get them the title - or you’re kind of stuck. You might want to sell it to a car dealership and see if they can help you. Sorry