G35 Trade
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Both parties would have to have their cars paid off in full prior to the trade/sale. The only other way - is to have each bank approve both buyers on the take over payments schedule. The problem is, the original purchaser will always be on the hook for the bank note.
So - paying them off is the best way to go. Remember, you don't have full title on your car until the bank has been paid off, therefore you can sell or re-register the car in another persons name without the bank authorizing the pink slip as well. If both parties own their cars outright...there's no issue.
So - paying them off is the best way to go. Remember, you don't have full title on your car until the bank has been paid off, therefore you can sell or re-register the car in another persons name without the bank authorizing the pink slip as well. If both parties own their cars outright...there's no issue.
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laksjd84
Exterior - Body Parts
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07-24-2015 05:12 PM