how do i sell a car when I still owe money on it.?

Zora Mazzie: Lets say you agree on $17,000 for a sale price. How it works is when you sell the car, the person you sell it to gets a loan from their bank. Their bank will pay you $9,000 and send a check for the $8,000 you owe directly to CapitalOne. Capital One will release the title either to you (then you sign the back and give it to the buyer) or release it to the buyers bank. They will stamp their lien on it and send it to the buyer directly. (this method is common but will require you to sign a POA allowing the buyers bank to sign over the title on your behalf....Show more

Newton Fedorko: If you owe 8K and it is worth 17K sell it and pay it off, if you want another color paint it and keep It as long as you are getting good service on it. Why buy someone else problems. God Bless

Clement Viscarro: Sell it and use the money to pay it off. If you dont have the title yet then have the purchaser's bank wire the money to your bank account. Then its up to yo! u to transfer 8k from your account to the loan. Then you will recieve the title and its all taken care of and you have the rest the money it your bank account.-thier bank sends ur bank money-money goes into your checking account- u take the amount needed and pay off the loan- u get the title from bank and give to new owners- u make money and they get the car...Show more

Claude Gloden: why not just have it painted?