How to sell RV when you have a bank loan?
Sorry, I know I should already know this, but I'm not sure. Could someone explain the best way to sell a used TT to a private party when the owner still has a loan on it? Thank you very much.
Forum Discussion
I have sold two vehicles that still had a loan on them.
1. Notified the Credit Union and they were ready when I came in with the buyer to pay off the loan and help us sign over the title to the buyer.
2. Dug into the "emergency" fund to pay off the loan before I met the buyer. After I was paid by the buyer, I replenished the "emergency" fund, then used the remainder to pay cash for my TC.
1. Notified the Credit Union and they were ready when I came in with the buyer to pay off the loan and help us sign over the title to the buyer.
2. Dug into the "emergency" fund to pay off the loan before I met the buyer. After I was paid by the buyer, I replenished the "emergency" fund, then used the remainder to pay cash for my TC.
