The Finance Company
March 19th, 2009 | 
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Question: Can i sell my car and still pay back the finance?
i want to sell my car, iv had it one year. i want to sell it and spend the money on a different car but still pay back the monthly payments, is this poss?
if not can a phone my Finance Company and tell them i want to sell but carry on paying back monthly?
If not is there any other options where i can sell and keep the money but have something else to show for it? so im still paying monthly to the Finance Company?
my loan is with blackhorse, 5 years
iv owned the car for 1 year.
Answer: You don't own the car, you can't sell it until the loan is paid off. You can sell the car but you MUST use the money you get to pay off the loan.
You can not legally transfer ownership of the car without a title. You don't get a title until the loan is paid in full.
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