selling car I have a loan on
10

Asked by Mary0947 Jun 16, 2017 at 01:31 PM about the 2015 Toyota Prius Three

Question type: Car Selling & Trading In

I want to sell my 2015 Prius but I still owe money to Toyota Financial. In order to sell I think I would need to pay the car off and wait until I have the title in my name. This is a rather large sum of money. Any suggestions on how others have done this?

3 Answers
9,230

K answered 6 years ago

Dealer will take into account the final payoff vs how much the car is worth, as long as you don't have 'negative equity' you should be able to trade it towards another car. If the car is now worth less than the total amount of your loan, then you're in bad shape.

2 people found this helpful.
Mark helpful

F_O_R answered 6 years ago

You can use the buyers money to pay off the loan. Do the transaction at the lenders office and they will take care of all the paperwork.

2 people found this helpful.
Mark helpful

GuruT9KM5 answered 5 years ago

I have tital loan with loanstar. Tital for 3,200.00. Can i trade in my car and get my loan cleared

Mark helpful

Your Answer:

Related Questions

  • selling car I have a loan on 3 Answers

    I want to sell my 2015 Prius but I still owe money to Toyota Financial. In order to sell I think I would need to pay the car off and wait until I have the title in my name. This is a rather large sum ...

    2015 Toyota Prius Three

    -

    Car Selling & Trading In

  • what do I do when I have a potential scammer? 2 Answers

    I am having issues with a customer who test drove my car but thinks I raised the price on her. The listing clearly shows I have never had the price lower.

    2010 Toyota Prius Three

    -

    Car Selling & Trading In

  • Selling my car and buying in a different state 1 Answer

    I am spending 6 months in Texas and looking at a Rav 4 Hybrid there AND here. Should I sell my Prius IV here, independently, and save on the shipping cost to Texas ($1100ish) OR ship the Prius there...

    2012 Toyota Prius Four

    -

    Car Selling & Trading In

  • I have a 2010 Prius 4 that needs repair which will cost me about between $1,200 to $3,000. 1 Answer

    I have about $1,500 left before it is paid off. What would be the smartest thing for me to do at this point? I'm now considering of getting a newer car and I can comfortably afford to pay around $...

    2010 Toyota Prius

    -

    Car Selling & Trading In

  • Can car guru help with the sale of my car even though i still owe money on the car? 1 Answer

    I think I have a buyer for my car. I need a way to sell it without my having to pay off the lender first. Can you help with that?

    2015 Toyota Prius Four

    -

    Car Selling & Trading In

Prius

Looking for a Used Prius in your area?

CarGurus has 191 nationwide Prius listings starting at $6,900.

Postal Code:

Shortcuts

Search Toyota Prius Questions

CarGurus Experts

  • #1
    T_S_T
    Reputation
    1,560
  • #2
    Guru5WT6J
    Reputation
    1,390
  • #3
    TupeloMS
    Reputation
    1,320
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Toyota Corolla
143 Great Deals out of 2,253 listings starting at $3,495
Used Toyota Camry
51 Great Deals out of 1,074 listings starting at $2,500
Used Toyota Camry Hybrid
17 Great Deals out of 186 listings starting at $7,995
Used Toyota Prius c
7 Great Deals out of 75 listings starting at $8,495
Used Honda Civic
193 Great Deals out of 4,033 listings starting at $2,877
Used Toyota RAV4 Hybrid
29 Great Deals out of 767 listings starting at $18,499
Used Toyota Prius v
25 listings starting at $12,989
Used Toyota RAV4
135 Great Deals out of 3,041 listings starting at $5,995
Used Honda Accord
45 Great Deals out of 986 listings starting at $2,995
Used Toyota Prius Plug-In
1 listing
Used Honda Accord Hybrid
7 Great Deals out of 128 listings starting at $19,480
Used Toyota Tacoma
40 Great Deals out of 838 listings starting at $9,975

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.