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Michael Vu asked about Sell Car
about 8 years ago
If I have sold my car to a dealer, and the car is still under finance, is there a way to check if the dealer has fully settled the outstanding amount with my finance company? How will I be notified if they have done so?
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1 Answer
Check ownership at LTA, you will need to settle the full outstanding amount of the car before transferring ownership of the car.
Trust is important however, due diligence is as important. You may follow up with the bank and please allow 2 to 3 days from dealers before checking. Because, it will take a couple of days to process the system.