How To Find The Right Car Loan
January 24, 2017
9. Make Sure The Vehicle Is Paid Off
Buying a car that is not paid off means you will be assuming any unpaid amount. Work out a deal with the seller to have the vehicle paid off before transferring the title to your name. This can be worked into your offer or the seller can deduct this amount from the price of the vehicle. Ask the seller to provide you with documentation that the vehicle has been paid off or sign an agreement to indicate he or she will take care of this to avoid legal fees in the future.
