Yes you can sell your car to your friend, however legally they cannot just take over your loan for you. They would have to go out and get their own loan to buy your car so you can pay off your loan.
boat repair It will be proper to carry out an assessment of your car to assess whether it would be worth keeping that vehicle even after so many repairs and breakdowns. For finding out the correct state of the vehicle, ask a mechanic to check the vehicle properly and give you a status report. You should have detailed condition of the car like color and density of smoke, its sound, any extra screeching noise and if rusting has begun on some parts of the automobile. You should also find out if mileage of the vehicle is still left to assess its balance lifetime.
It is called car consignment program. This is where a licensed dealer agrees to take your car and sell your car for you. This includes the work to prepare, advertise and sell your car. In most cases they will do everything possible until a happy new owner drives it from their lot.
Once the analysis is completed, it is advised to start calling around to various buyers. The most credible salvaged car buyers are junk car removal companies, scrap yards, and «cash for cars» services. These are the industries that pay the most for salvaged, wrecked, and junked vehicles. It is important to contact multiple businesses, even if they are not in your area. This type of research will give you an idea for the going rate of the junk vehicle you have and the condition it is in; then you can confidently distinguish between fair offers and potential scams.
Apart from getting cash for your car, you will also be disposing of it easily. If you have ever gotten rid of an old car, you know how lengthy and cumbersome the process is, and do not forget the associated costs. Yet, it should not be so. Cars, just like other things, do not last forever. When the time comes for their disposal, it should not be a difficult thing to do. It is only difficult to do if you do not know that there are firms that buy junk cars.
You may be asking, why should I sell my car to a car salvage company? You should do it because there are many benefits of doing so. A car salvage company will actually be willing to tow your car from the specified location without charging you anything. Furthermore they will pay you cash there and then on the spot.
If the car is not registered or you cannot find the registration, a visit to the DMV will help. There you can get a Vehicle Registration/Title Application, or a Certification of Registration for Transfer of Non-Titled Vehicle. You could also use an original Affidavit of Sale or a Manufacturers Certificate of Origin. In some situations you can use an expired registration certificate.