If you would like to sell a car while you still have a current auto loan with us, we will need to review some details of the car. To be approved for this sale, please send us an email with the following information:
- Sale price
- Current mileage on the vehicle
- Is the buyer a dealer or a private party?
Please note that we must approve this sale before we take any steps to release our interest in the vehicle. The buyer can pay us directly or they can pay you and then we can take payment directly from your bank account. We will expect payment on your loan before we take steps to release our lien and send the title to you to deliver to the buyer.
Lastly, it may take 1-2 weeks to receive the title after payment, depending on bank processing and mail delivery times. We are happy to create a signed letter of guarantee to share with the buyer while they wait for the title.