The car has not yet been paid. Can you make money? If you want to sell it or not?

If you want to sell cars that have not been paid out and still finance You will have to follow some steps in order to be able to sell the car correctly.Generally The process of selling car that has not been entirely installments are as follows. Contact Finance Company: First You will have to contact […]

If you want to sell cars that have not been paid out and still finance
You will have to follow some steps in order to be able to sell the car correctly.Generally
The process of selling car that has not been entirely installments are as follows.

1. Contact Finance Company: First
   You will have to contact the finance company that you are in installments.To inform the car sales
   The finance company will provide information about the remaining balance you have to pay.
   And there may be an account closing fee.

2. Prepare documents: Once agreed with the finance company
   You must prepare various documents.To be used to sell cars such as car copies
   Annual tax, vehicle registration manualCopy of ID cardHouse registration copy
   And the original car purchase contract

3. Car sale: Once the document has been prepared
   You can sell cars by selling internet sales or through a car tent.
   When someone is interested in buying a carYou will have to check the buyer’s history.
   Including various trading conditions
   Clear before transferring and changing the ownership of the car

4. Transfer and change car ownership:
   Once tradedYou will have to transfer and change the ownership of the car.
   By bringing various documentsPrepared to submit at the Department of Land Transport
   To transfer the ownership of the car to the buyer

5. Pay the remaining balance:
   After transferring and changing the ownership of the car
   You will have to pay the remaining balance that you have to pay to the finance company.
   When the balance has been paid
   The finance company will issue a book to release the burden on you.
   Which is an important evidence that you have paid the debt and own the car completely.