Is it possible to transfer an auto loan to someone else and have the original lender removed from th

i want to sell my car but have a bank loan- Is it normal to transfer that loan to another party interested in purchasing my car.

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

Only the lender can do that. You would have to arrange it with them.

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

Auto Loan Guide: http://autoloans.autoloanassis... Report It

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

It may depent upon the lenders...

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

Gotta pay that first one off!

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

No. Usually the buyer qualifies for his own loan and then pays off your loan.

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

generally the buyer will get a new loan rather than assume the existing loan

Is it possible to transfer an auto loan to someone else and have the original lender removed from the loan?

It depends on the terms of your loan. Look at the loan documents. Does it allow you to assign your interest to another party. If it does what is your liability - ie will you still be on the hook for payments if the new guy doesn't make them. If I were the lender I would not just allow you to transfer the loan to anybody - and even if you did transfer it I would demand to keep you on the hook.

Thus it would probably be best for you to sell it to someone who can arrange their own financing through a lender.

If you really want to sell it you can do a work around where the guy pays you and then you pay the finance company. (with you keeping the title to the car until he pays you off)