Selling A Truck With Finance Outstanding.

[AllanB]

I am 2.5 years into a 4 year finance plan on my Isuzu 4 door pick-up and want to sell it, anyone any idea how I can do this, preferably privately?

Can I sell it and simply pay off the balance from the proceeds, or is there a problem with this?

[WebBangkok]

I "believe" you need to pay it all off before you sell it as the finance company actually is the owner of the truck until it is fully paid off.

If you sold it to him and somehow just left the country to never return with the payment you received. The finance company will take the truck no matter who's hands it is in.

Or you can transfer the loan to the buyer I believe.

Well that's what happens in Australia anyways.

You better ring the Finance company to find out.

[BSJ]

Do the deal at the finance company office.

[JanKlaasen]

I guess you can get an agreement with the leasing company to transfer the owner, who will pay the remaining installments.

[bkkjames]

What's the truck OP and how much you want?