Are you wanting to sell your vehicle and the bank has your title? Don’t do a car loan payoff; instead sell your car quick to us and let us deal with the 8-weeks it can take to get the new car title from the Department of Motor Vehicles. Yep, when you pay off your car loan yourself, you’re stuck waiting up to 8-weeks to sell it. Whether you’re about to make your last contracted payment or you decided you want to pay off your car loan entirely before the end of the contract payment – once you’ve paid the total balance due you’re now in a waiting game. We buy cars in every Continental U.S. state 24/7 365 days a year. We give you a high instant cash offer in about 20-seconds, set up the vehicle inspection appointment, and we even come to you if you need us to. See how it works.
Title is Held by the Bank
When a person enters into an auto loan, the lien holder holds the car title. Technically this means they own the automobile for the duration of the loan contract; in other words while you’re making payments on it. A lien is a safeguard for the lending institution or private lender that you will fulfill your obligation. If payments are not made according to the contract, they can legally repossess the car and do as they wish with it.
If you’re thinking “car loan payoff” is the fastest way to get a new car title after a lien release, think again. Sell your car quick to Car Buyer USA and avoid the headache of waiting up to 8-weeks on a clean title to arrive until you can sell it. If you pay off your car loan, we cannot help you sell it and get the money you’re looking for in a timely manner. Our hands will be tied if you do a car loan payoff before speaking with us. We buy cars FAST, SAFE, and EASY and our process is short and simple. See how it works and get an instant cash offer in as little as 20-seconds.