Can You Sell a Car with a Title Loan on It?

October 29, 2018

What Is a Car Title Loan?

In simple terms, a car title loan is a loan you can get using the title of your car as collateral for the loan. This is a fairly easy process in most cases and can be a lifesaver when you find yourself faced with a financial crisis. As mentioned earlier, getting a loan from a traditional lender might require a lengthy process you don't have time for if you find yourself in a bind. Also, if you get a loan from a traditional lender, they will be checking your credit, and that will figure in to whether or not you are eligible for a loan. Most title loan companies don't do credit checks, and in many cases, they won't even ask you what the loan is for. You might be getting it to pay off unexpected medical expenses, fix your car, or even take a family trip. For most title loan companies, the reason you need the money isn't important.

How Does a Title Loan Work?

Quick Cash Auto Loans is a consumer finance company licensed in Florida under statute 516. Our goal is to get our customers the loan they need without hassle and without the stress often associated with a loan through a traditional lender. At Quick Cash Auto Loans, we understand that life can throw you a curveball. We value your business and care about every customer and their individual needs. That's why our loan process is simple. All you have to do is fill out the form on our website. We'll contact you immediately to set an appointment in our office that is convenient for you. We will assess your vehicle and let you know the amount of the loan you qualify for. In most cases, the loan is issued the same day. If you have a clear title on your car, valid I.D., proof of residency, and a solid employment history, you can typically get a loan from Quick Cash Auto Loans.



The title of the car is your collateral for the loan. That's as easy as it gets. You don't have to leave your car behind to get a loan from us. That means you don't need to worry about how you're going to continue to get back and forth to work, getting your kids off to school, putting groceries in the house, or any other errands you need to run daily. You get the money you need without the stress of waiting and without losing access to your car.

Can You Sell a Car with a Title Loan on It?

From a legal standpoint, the answer is no. You can make plans to sell the vehicle, but remember, you still owe for a title loan on that car. Until the loan has been paid off, you can't complete the process of selling the vehicle. Maybe you intend to use some of the money for the sale of the car to pay off the title loan. While you're using the car for a title loan, there is a lien on the car title. The title of the car belongs to the car title company until the loan is satisfied, which means you don't have the right to transfer the title of the. Even if the car title company didn't have a problem with you selling the car, they have no control over the legality of title transfer. Until the loan is paid off, a title transfer to a buyer isn't possible.


The obvious way to sell a car is to pay off the loan amount first, reclaim your title, and proceed with the sale of the vehicle. If you don't have the money to pay off the loan ahead of time, you may be able to find a way to work with the buyer to get part of the money for the car up front (enough to pay off the loan). Just be open about the title loan, and in many cases, the buyer might be willing to work with you. You can even make a promise to sell the car to someone after you've paid off the loan. If the person who wants to buy the car really wants it, they might be willing to accompany you to pay off the loan.

The bottom line is this: if you want to sell a car that has a title loan on it, you can arrange to sell the car, but until the loan is paid off in full and the lien is removed, you won't be able to legally transfer the title. If you're selling the car to someone you know, they might be understanding of this and work with you. A stranger might be a bit leery, but if you are up front with them, it's possible to work out an arrangement to clear the title loan and get the car sold.

There's not an easier way to get a fast loan than with Quick Cash Auto Loans. Our priority is always to help you get the money you need when you need it, without the hassle of a lot of paperwork or a time-consuming process. We won't ask you to leave your car behind in order to secure the loan. In fact, we understand you will need it to continue your day to day life without any disruption. If you decide you want to sell the car during the loan period, we will work with you to pay off the loan so your title can be transferred legally to the buyer. At Quick Cash Auto Loans, our customers are important to us. We're always willing to answer your questions regarding any car title loan you get with us. It's our goal to be your title loan company of choice.


If you need to get a car title loan, contact Quick Cash Auto Loans and get started today. You can call us at (786) 600-3411 or fill out the form here on our website. We look forward to helping you get the car title loan you need.

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