Can You Sell a Car That Has a Lien on the Title?
If you have a car with a lien on the title, you may be wondering if you can sell it. The answer is yes, but there are a few things you need to keep in mind. First, you will need to pay off the remaining balance of the loan before you can transfer ownership of the vehicle. You will also need to provide the buyer with a lien release from the lender. Without these two things, the buyer will not be able to get a clear title for the vehicle.
Keep in mind that selling a car with a lien on the title may not be easy. Not many buyers are willing to deal with the hassle of getting a lien release from the lender. You may need to offer a lower price than what you would get for a comparable car without a lien on the title.
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