REVscene Automotive Forum - View Single Post - What is the process for selling a financed car??

geeknerd · 03-28-2022, 10:21 AM

So I ended up making a bunch of calls. Updating this thread for anyone in the future who might want to sell their lien title car.

Pay off loan at Bank and get a instant receipt that loan is paid off in full.

However, Bank needs to send a request to Personal Property Registry to get the lien cleared which could be 10 business days.

PPR receives this request and processes it on their end, at which point the title is updated and everything is cleared. PPR said this could be from 1-4weeks depending on how fast the bank sends their part.

Not that I am using CARFAX but FYI they lien checks also depend on this process and PPR.

03-28-2022, 10:21 AM	#9
geeknerd I bringith the lowerballerith Join Date: Apr 2008 Location: vancouver Posts: 1,149 Thanked 457 Times in 190 Posts Failed 397 Times in 91 Posts	So I ended up making a bunch of calls. Updating this thread for anyone in the future who might want to sell their lien title car. Pay off loan at Bank and get a instant receipt that loan is paid off in full. However, Bank needs to send a request to Personal Property Registry to get the lien cleared which could be 10 business days. PPR receives this request and processes it on their end, at which point the title is updated and everything is cleared. PPR said this could be from 1-4weeks depending on how fast the bank sends their part. Not that I am using CARFAX but FYI they lien checks also depend on this process and PPR.