Can I sell a car when I still owe money on the loan?

 

Around 35% of American adults are paying off a car loan. And since 2020, a record number of drivers are underwater on their auto loan – meaning, the car is worth less than the amount they still owe.

 

Usually, this complicates sales quite a bit. And if you’re underwater on your loan, some buyers won’t deal with you at all.

 

Making sure you get the best possible offer could mean the difference between owing money on a car you no longer own…

 

…Or having extra cash in hand to put down on a new car.

 

Get400more.com will beat any written cash offer on your vehicle by an average of $400.

1-844-400-MORE

 

Yes! We will need a printed 15-day payoff amount of your loan from your lien holder. 

 

Call your financial institution (bank, credit union or lender for your auto loan) and let them know:

 

“I want to sell my vehicle, I need a written 15-day payoff amount on my loan.”

 

Many banks allow you to request your payoff amount online. 

 

Once in-hand, your loan will need to be paid off in full in order to transfer the title. (We take care of that!)

 

 

Determine if you are upside-down on your car loan. (Meaning, you owe more money than the car is currently worth.)

Last year set record highs in both the number of underwater loans – 44% of all trade-ins are underwater – and the amount the average person owes: over $5,000. 

 

If you are upside-down, you can still sell your car! You can use our cash offer towards the amount of the loan in order to pay as much off as possible. 

 

 

 

Getting the highest possible offer is crucial in paying off your car loan.

 

Get400More.com will write the best offer – no, not an automated, instant offer; a real human being’s real value of your car – and come meet you to make the deal.

 

If you still have questions, please call us at 1-844-400-6673 or call/text to (919) 999-2817.

We are here to help!

Ready for your cash offer?

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