pawned title

gmanmacgmanmac Member Posts: 2
edited July 2019 in General
AskingIf you did something stupid like got a car pawn title loan, will a dealer pay off that for you if you want to trade in the vehicle. There would be a slight diffrence in the amount owed and what the "dealer value" would be, but I guess my question would be will a dealer even get involved in such a situation?

Comments

  • gmanmacgmanmac Member Posts: 2
    Asking for a friend.
  • kyfdxkyfdx Moderator Posts: 269,289
    I think it might be a problem for the dealer to get a straight answer on the payoff amount from the lender. If they were sure they could get a clear title, they would likely do it. They do it with banks, all the time.

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