Lebo87
Contributor
Me and my wife have an auto loan out for a car we are thinking of selling, what’s the process and how it works selling it as a private party to someone?

4 REPLIES

Lebo87, this is a good question! I will get this forwarded to a loan specialist and they will be in contact with you. Thanks!

Lebo87 - You are able to sell to a private party. Please keep in mind, that the loan would need to be paid off in order for us to release the lien and title. As this is somewhat hypothetical, my best advice would be to call us if you are approaching an actual sale for loan payoff information and other details. Thanks, Jason

so what do we tell the buyer??  Since there are no physical banks around me

@Andrew1403,  I recommend contacting our loan department at 800-531-8722 for further instructions. Our hours of operation are 6:30 am to 10 pm CT and Saturday 8 am to 6 pm CT. TC