Selling a car with a loan might sound complicated, but it’s a situation that many drivers find themselves in and need to figure out. If you still owe money on your vehicle, you’re not stuck; you can still sell your car. You just need to follow the right steps to make sure the lender gets paid and the title can be transferred.
When a loan is still active, the lender holds the title until the full balance is paid. This means there is a lien on the vehicle. Before a new owner can take over, that lien needs to be cleared. It may sound complicated, but it doesn’t have to be!
At Ken Ganley Buying Center, we help people sell a car with a lien, complete the car loan payoff, and handle the title transfer in one smooth process. Even if you’re dealing with negative equity, our team can walk you through the steps and give you a fair cash offer fast.
Step 1: Check How Much You Still Owe
Ask your lender for your car loan payoff amount. Then, compare it to your car’s current value.
If the car is worth more than what you owe, you have equity. If not, it’s called negative equity. Either way, you can still move forward.
Use our online tool to estimate your car’s value. This gives you a clear picture before you sell your car with a loan.
Step 2: Understand Your Options
You can either sell to a private buyer or to a dealership.
A private sale may take more time and involve more paperwork. A dealership is often a faster, easier option. At Ken Ganley Buying Center, we take care of the title transfer, loan payoff, and next steps.
Even if you’re selling a car with negative equity, we can help you understand your options and how to move forward.
Step 3: Let Us Handle the Payoff and Title Transfer
Once you accept our offer, we contact your lender and handle the car loan payoff. After that, we complete the title transfer for you.
If there’s negative equity, we’ll explain what your next steps are. In many cases, the difference can be covered or rolled into another deal. We’ll go over everything clearly.
Why Sell to Ken Ganley Buying Center?
Selling a car with a loan can feel complicated, but we make it simple. At Ken Ganley Buying Center, our team handles the car loan payoff, title transfer, and paperwork all in one visit.
You don’t need to buy another car from us. Our only focus is helping you sell your car, even if you still owe money or have negative equity.
Here’s why drivers choose us:
- Fast and fair offers based on current market value
- No pressure to make a purchase
- Help with all title and loan steps
- Trusted by drivers across more than 35 states
We’re ready to help you sell a car with a lien without the hassle.
Ready to Sell? Start Here
You can sell your car with a loan in just a few easy steps. Contact us today at 330-427-3656 or use our online tool to get your vehicle’s estimated value. Then we can set up a quick review. If everything checks out, we’ll give you a cash offer on the spot.
Even if you’re dealing with negative equity or still have a car loan payoff remaining, we’ll walk you through every part of the process.
No long wait times. No hidden steps. Just a fast, honest way to sell your car at Ken Ganley Buying Center.
Frequently Asked Questions
Yes. You can sell a car with a loan as long as the lender is paid in full. A dealership like Ken Ganley Buying Center can help with the car loan payoff and title transfer.
To sell a car with a lien, the loan must be paid before the title can be transferred. At Ken Ganley Buying Center, we handle the payoff directly with your lender and manage the paperwork for you.
If you owe more than the car is worth, you have negative equity. You can still sell your car. We’ll explain your options clearly so you can decide what works best.
Yes. When you sell your car to a dealership like Ken Ganley Buying Center, we pay off the loan directly and help with the title transfer.
With us, it’s fast. Get an offer online, bring your car in, and walk out with a payment the same day.
