Selling car with Loan

Asked by Ricky May 01, 2020 at 09:25 AM about the 2013 Honda Accord EX-L

Question type: Car Selling & Trading In

How difficult is it to sell a car that has a loan?

1 Answer

101,635

It's done all the time, just has a few extra steps. Talk to your bank or loan originator about the process. The buyer also needs to be informed during negotiations that you'll need at least 30 days to pay off the loan before handing over the title. Most loan originators will provide a copy of certificate of title so the new owner can get temporary tags for those states that require them.

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