E-Class (W211) 2003-2009

Can you sell car?

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Old 02-24-2004 | 10:50 AM
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HollaBack's Avatar
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From: West Hell
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Can you sell car?

Can you sell a car that you are leasing and then just pay the company the money left on the car? Wondering about selling my BMW.
Old 02-24-2004 | 11:25 AM
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From: Sacramento
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Not to be unhelpful, but you're asking the wrong people. Ask the company you are leasing from. On the face of it, selling something you don't own seems ... dubious, but who am I to say, since I've never leased a car?
Old 02-24-2004 | 01:19 PM
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From: Mansfield, TX
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In Texas, you need to have the Title or the buyer must be able to assume the note for you to be able to sell the car. I would assume that most states would have similar laws.
Old 02-24-2004 | 03:11 PM
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i've sold a few leased cars to private parties.
it just takes a couple extra steps of paperwork but it's not difficult.
just call to get your payoff from the leasing company (as you would like any normal auto loan) and, if you want,they can mail you the payoff forms and walk you through it. it's pretty much the same procedure as if you had a bank loan on the car.
Old 02-24-2004 | 04:01 PM
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From: Long Island, NY USA
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white trash is correct

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