How to sell a car with a lien?

The easier option of the two is selling your vehicle with a lien to the dealership where you intend to purchase your new car. Once you give the dealer a power of attorney, the dealer will contact the lender directly and handle all financial arrangements. read more

Whether you sell to a dealer or an individual, the sale of a car with a lien gets tricky if the loan is upside down, meaning you owe more than the car is worth. In that case, Montoya says you’re apt to have more difficulty selling the car unless you are willing to pay the difference. read more